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Crow Holdings Announces Closing of Development Opportunities Fund with $750M of Committed Capital

DALLAS--(BUSINESS WIRE)--Crow Holdings, a leading national real estate investment and development firm, announced today the final closing of Crow Holdings Development Opportunities Fund I, L.P. (“DOF” or the “Fund”). Managed by Crow Holdings’ investment management company, Crow Holdings Capital, the Fund will focus on the development of industrial, multifamily, and select specialty properties. The Fund reached its hard cap of $750 million in total commitments over a six-month fundraising period and was oversubscribed shortly after the first close in September 2021, providing total anticipated capitalization, including anticipated leverage, of more than $1.5 billion. The Fund is notable not only for the accelerated fundraising activi