The CRE Equity Alert

Real-Time Intelligence on Commercial Real Estate Capital Raises


August 15, 2025

In Today’s Edition

Today’s alert features 27 offerings totaling approximately $ 827 million, including offerings from Eagle Rock Properties, Enterprise Community Partners, and Pengyou Investment. Sponsors are located in New York, NY, Columbia, MD, and Peachtree Corners, GA.

Offering Amounts range from $1 million to $500 million, with Minimum Investments up to $200,000. Today’s offerings include 5 funds and 22 single-asset offerings.

GPs in Focus

Eagle Rock Properties is a Plainview, NY–based full-service real estate firm specializing in investment, property, and construction management for rental apartment communities. The firm is led by executives with over 30 years of experience, and is well-known for delivering award-winning properties. Eagle Rock focuses on quality, integrity, and exceptional resident experiences. The firm employs approximately +/- 34 people.

Offering Name: ER Investors Fund VI LLC

Offering Amount: $500,000,000

Investment Minimum: $50,000

Type of Offering: 506(b)

Enterprise Community Partners is a Columbia, MD-based national nonprofit specializing in affordable housing, community development, and policy advocacy to increase housing supply, advance racial equity, and build resilience and upward mobility.

Since its founding in 1982, the organization has invested over $80 billion to create or preserve 1 million homes across all 50 states, Puerto Rico, and the U.S. Virgin Islands. Operating with approximately +/- 851 employees, Enterprise leverages its multidisciplinary structure across solutions, capital, and community divisions to drive lasting impact.

Offering Name: Enterprise Housing Partners 47 Limited Partnership

Offering Amount: $179,850,000

Investment Minimum: $0

Type of Offering: 506(b)

Pengyou Investment Group is a U.S.-based real estate investment firm specializing in sponsor-driven multifamily and mixed-use development projects across high-growth markets. Pengyou has successfully raised over $229.9 million, with 209 investors participating across 22 projects in locations spanning Georgia, North Carolina, Alabama, and beyond.

Offering Name: Pengyou Partners Two LLC

Offering Amount: $37,500,000

Investment Minimum: $200,000

Type of Offering: 506(b)

CRE Capital Raises: August 15

GP/Sponsor

Location

Offering Name

Minimum Investment

$ Offering Amount

Apollo Global Management

PHOENIX, AZ

Ascent Apollo Fund LLC

$0

$750,000

MAG Capital Partners

DALLAS, TX

Eastman Park Investments, LLC

$0

Indefinite

Hylee Capital

DOVER, GA

LINEA LHI LLC

$50,000

$10,000,000

Pengyou Investment

PEACHTREE CORNERS, ga

Pengyou Partners Two LLC

$200,000

$37,500,000

Westadale Asset Management

DALLAS, TX

3133 Inverness Investors, LP

$50,000

$15,000,000

Common Ground Group

WEST PALM BEACH, FL

20 Katydid LLC

$25,000

$1,200,000

Apollo Global Management

ST. PETERSBURG, FL

BVC Apollo Fund, LLC

$0

$1,789,000

Memphis Investment Properties

MEMPHIS, TN

MIP CP Fund III LLC

$50,000

$70,00,000

NAI Norcal

OAKLAND, CA,

5249 Sobrante, LLC

$25,000

$12,47,000

Common Ground Group

WEST PALM BEACH, FL

16 Katydid LLC

$25,000

$1,150,000

Westadale Asset Management

DALLAS, TX

3133 Inverness Investors, LP

$50,000

$15,000,000

MAG Capital Partners

DALLAS, TX

JW Peekskill Investments, LLC

$75,000

Indefinite

Turning Point Equity

JERSEY CITY, NJ

TPE-Derosa Management LLC

$50,000

$1,000,000

F Street

MILWAUKEE, WI

F Street Hot Springs, LLC

$30,000

$1,600,000

Enterprise Community Partners

COLOMBIA, MD,

Enterprise Housing Partners 47 Limited Partnership

$0

$179,850,000

Miester Seelig & Fein

NEW YORK, NY

ER Investors Fund VI LLC

$50,000

$500,000,000

F Street

MILWAUKEE, WI

F Street PDC, LLC

$30,000

$2,470,000

JSB Capital Group

BALTIMORE, MD

Wild Pines AD Investor LLC

$0

Indefinite

Elevest Capital

SCOTTSDALE, AZ

ECM Fund 60 LLC

$0

$3,000,000

Rise48 Equity

SCOTTSDALE, AZ

Rise Apollo Heights Partners, LLC

$0

$19,400,621

JSB Capital Group

BALTIMORE, MD

Allen Distribution TIC II Member LLC

$0

Indefinite

JSB Capital Group

BALTIMORE, MD

Allen Distribution Investor LLC

$0

Indefinite

HWG Properties

NOTTINGHAM, MD

HWG VA Beach, LLC

$50,000

$1,260,895

Cove Capital Investments

TORRANCE, CA

Diversified Portfolio 94 DST

$1,000

$15,566,573

A Long Legacy

LEAWOOD, KS

Hunters Glen Twin Bridges Legacy LLC

$50,000

$1,000,000

Coulton Creek Capital

GREENWOOD VILLAGE, CO

CCRC HYVE North LLC

$200,000

$3,800,000

Final Word

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