Turner Impact Capital Closes Fund, Plans $1.25B in Workforce Housing Investment,Los Angeles

Santa Monica-based Turner Impact Capital closed a second affordable workforce housing fund that will unlock $1.25 billion in new housing investment. Turner Multifamily Impact Fund II (TMIF II) will enable the firm to acquire and manage up to 10,000 additional housing units. Turner Impact Capital’s Bobby Turner says, “While many investors have struggled to raise capital for social impact funds…


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