Wangard Launches Midwest Multifamily Fund

MILWAUKEE, WI—Wangard Partners, a seasoned Midwest multifamily developer and investor specializing in primary and secondary markets, announces the launch of its Midwest Multifamily Fund. This strategic fund offers investors and family offices an exclusive opportunity to invest in the flourishing Midwest multifamily sector.

The Midwest Multifamily Fund targets a fund size of $60-$100 million, focusing on developing and acquiring Class A and B multifamily properties. Investors can expect attractive returns through strategic investments in high-growth markets with limited supply, offering consistent cash flow opportunities. The fund aims to capitalize on favorable supply-demand dynamics and market resilience within the Midwest region.

The Midwest Multifamily Fund offers a favorable structure that allows investors to diversify their real estate allocation geographically across the rapidly growing Midwest markets. By investing in a mix of stabilized, cash-flowing properties with lower-risk and higher-yield development projects, the fund strikes a balance that caters to various investor preferences. Investors also benefit from liability protection beyond their initial capital contributions. Additionally, there will be no immediate tax impact for those who roll properties into the fund. Wangard, as the general partner, leverages its extensive experience to source, evaluate, and execute property acquisitions while overseeing operational activities. This ensures a seamless investment process and enhances investors' operational efficiency.

In recent years, several regions across the U.S. have experienced volatility, such as oversupply in the Southeast, which led to a decline in rental rates, and climate-related issues in the South and West, which resulted in substantial insurance premium hikes. In contrast, the Midwest has shown consistent economic growth and low unemployment rates, providing a stable environment for multifamily investment.

With interest rates rising, Wangard sees unique buying opportunities as loans come due for newer, value-added properties. Establishing this fund allows the firm to act swiftly and confidently, ensuring access to these opportunities. Additionally, with a national housing shortage of 4-7 million units, Wangard can partner with its network of investors to develop and acquire multifamily properties across the Midwest.

Unlike other funds, Wangard’s Midwest Multifamily Fund focuses exclusively on the Midwest, capitalizing on the region’s favorable supply-demand dynamics and strong market demand. By blending acquisitions with new developments, the fund aims to provide regular distributions to investors while targeting a mid-teens Internal Rate of Return (IRR).

Wangard’s 30-year track record in multifamily development and acquisition offers certainty of execution for its investors. A key differentiator is Wangard’s hands-on approach—operating and managing all of its multifamily communities, which has earned the firm some of the highest reputation scores in the market. This commitment to tenant satisfaction and customer service drives high tenant retention, further benefiting investors.

The fund also leverages the Wangard Preferred Vendor Program, a strict vetting process that ensures each property is developed, acquired, and managed with the highest level of quality. By maintaining deep industry relationships, Wangard can provide cost savings, reduce risk, and improve operational efficiency, resulting in higher returns for investors and enhancing tenant satisfaction. 

Wangard Partners manages over 1,400 units, with an additional 2,000 units under construction or in the pipeline. With over $500 million in assets under management and a proprietary site selection process evaluating over 20 critical metrics, Wangard ensures each investment is strategically positioned to achieve maximum returns.

The launch of the Midwest Multifamily Fund represents a unique opportunity for investors to partner with a seasoned operator in one of the most stable real estate markets in the United States.

For more information about the Midwest Multifamily Fund and investment opportunities, please visit Wangard.com.