[[{“value”:”
Merchants Capital has successfully closed $1.08 billion in fund investments for 2024, across its multi-investor, proprietary and state credit offerings. This brings the firm’s total capital raise to over $2.1 billion since its launch in 2021, with a breakdown of $900 million from multi-investor offerings, $68.8 million from state credit syndications and $1.1 billion from proprietary fund investments.
In January 2025, Merchants Capital closed their latest multi-investor fund – Merchants Capital Tax Credit Equity Fund 21 LLC – at a total of $131.2 million with eight bank investors on board. This was followed by the closure of their largest-ever fund capital raise in September 2024: Merchants Capital Tax Credit Equity Fund 19 L.P., which raised an impressive amount of$293 million with an institutional investor.
According to Julie Sharp, Executive Vice President at Merchants Capital: “In just four years since our platform launched we have managed to build a diverse investment portfolio worth over$2.l billion on behalf of more than40 institutional investors.” These funds are dedicated towards providing safe and quality affordable housing for over19 ,000 families across26 states.
Don’t miss out on the opportunity to witness Michael Brennan receiving Connect CRE’s Lifetime Achievement Award at Connect Industrial Midwest event taking place on March5th . Join us as Kevin Brennan interviews him about his journey as partofthe prestigious Keynote Interview session! Register nowto secure your spot!
“}]]
