Humphreys Capital Launches Humphreys Fund V

Barchart · 10/15 08:45

Humphreys Capital, an institutional real estate investment manager, is pleased to announce the launch of Humphreys Fund V, the fourth installment in its closed-end opportunistic fund series. The fund has been timed to capitalize on the emerging real estate cycle anticipated in 2025 and beyond, and it represents a continuation of Humphreys’ commitment to providing differentiated value for Qualified Purchasers, including institutional investors.

“Nearly a decade ago, we initiated this series to meet the needs of Qualified Purchasers who prioritize gains throughout a fund’s life over the monthly distributions provided by our income fund. We are proud of the value we have created in previous funds, and we are excited to extend our service to investors through Fund V,” said Ben Stewart, Head of Opportunistic Funds at Humphreys Capital.

Stewart emphasized the timeliness of the new fund: “While there is a natural rhythm to launching new funds, we grow particularly enthusiastic when market conditions align to create an attractive investment vintage. We firmly believe this is one of those moments.”

Humphreys Fund V is positioned to capitalize on investment opportunities in rapidly growing, non-gateway U.S. markets. The fund will focus on residential and industrial projects, with potential exposure to other sectors, such as retail. Typical target investments require $10-20 million of equity. Humphreys Capital seeks properties that are essential to the economy but where the acquisition, value-add, or development process could be considered inefficient for asset-gathering fund managers.

Blair Humphreys, CEO of Humphreys Capital, further explained the firm’s strategy: “We have strategically expanded our team to seize this moment, operating at a scale and pace that aligns with current market dynamics. The challenging interest rate environment of the past few years has slowed new construction, which we believe will heighten demand for strategically-located real estate in the years ahead.”

Humphreys Capital believes alignment in all facets of the investment process is key to generating results, particularly through coveted and timely distributions-to-paid-in capital (DPI). “Our conviction only grows regarding our competitive advantage in this specific environment,” Stewart added.

About Humphreys Capital

Humphreys Capital is a real estate investment manager that acquires and develops income-producing properties. The firm focuses on dynamic, high-growth, non-gateway markets across the United States, specializing in privately negotiated, mid-sized properties of institutional quality. The multi-generational team provides expertise and exposure to diversified real estate for accredited and institutional investors. Humphreys Capital manages $1.5B in total asset value (TAV) across all four funds as of June 30, 2024. Learn more at www.humphreyscapital.com.

Disclosures: This press release is neither an offer to sell nor a solicitation of an offer to buy any security. An offering is made only by a Private Placement Memorandum (PPM) to individuals who meet minimum suitability requirements. This press release must be read in conjunction with the PPM to fully understand all the implications and risks of the offering of securities to which it relates. Please read the PPM and consider the Fund's investment objectives, risks, charges, expenses, and other information described therein prior to making any investment decisions. Total Asset Value is measured as the balance sheet assets of each fund (based on fair value) in addition to the pro rata share of debt based on the fund’s contractual interest in joint ventures in accordance with the NCREIF PREA Reporting Standards (4/2023) calculation of Gross Asset Value.