Integra Investments Closes Multifamily Fund, Ready to Deploy $250M in Florida and Southeast Markets
Miami-based real estate firm Integra Investments has closed its Integra Multifamily Opportunity Fund LP above target at $125 million, positioning itself to deploy up to $250 million into apartment communities across high-growth markets in Florida and the Southeast. The fund aims to acquire and enhance rental properties through operational improvements and upgrades. The move comes amid rising construction costs and a decline in multifamily development starts. Integra has been active in Miami-Dade County, where it completed one of the largest multifamily sales this year—selling Biscayne Shores for $151.4 million to RPM Living and Cantor Fitzgerald Asset Management. Multifamily transactions accounted for 33% of commercial real estate deals in Q2, totaling $569.9 million. In Broward County, Integra also received approval for an expanded mixed-use development project. The firm has acquired over 2,600 units and developed more than 3,600 residences since its founding in 2006. It now manages assets exceeding $4.2 billion across multiple property types.
Topics: apartment development Florida real estate fundraising investment