Electra America closed its 2017 fund and is launching a new $300 million fund, both focused on multifamily real estate. The North Palm Beach-based private equity real estate firm closed its 2017 fund with $212 million from foreign institutions and high-net worth investors, according to a press release. It acquired more than 7,000 apartments in Georgia, Florida, North Carolina and Texas. Electra is planning to close $1.5 billion in multifamily deals this year. The firm ... [more]