Hillpointe, Llc Raises $190 Million For Hillpointe Workforce Housing Partnership Iii, Lp

Hillpointe, LLC, a fully integrated real estate development and investment firm focused on the development of market rate workforce housing in the Southeastern United States, announced today the closing of Hillpointe Workforce Housing Partnership III, LP (“Fund III”) at its hard cap of $190 million. Fund III is expected to allow for the development of Hillpointe’s next twelve workforce housing projects, representing approximately $500 million of total asset value and 3,500 workforce housing units across the Southeastern United States.