Final Closing of Wolff Credit Partners III, L.P.
Scottsdale, AZ (Sept. 22, 2021) – The Wolff Company announced the final closing of its latest investment vehicle, Wolff Credit Partners III, L.P. (“WCP III”), the third fund in the Wolff Credit Partner series. WCP III, a $510 million, closed-ended, private equity fund will make preferred equity investments in multifamily development assets throughout the United States.
“We were very pleased to build on the success of Wolff’s two prior credit funds,” explained Jay Petkunas, CEO of The Wolff Company. “We expect WCP III to benefit from strong long-term structural supply/demand multifamily market dynamics as well as near-term COVID-driven dislocations.”
About The Wolff Company
The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America. Wolff combines a discretionary private equity platform with an integrated, in-house development team and a newly formed resident experience company. The Wolff Company focuses on improving the lives of its residents by fundamentally redefining the residential rental experience while delivering outsized investment returns. Since 1949, The Wolff Company has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship, and continuous learning. For more information, visit www.awolff.com.