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Lucern Capital Deploys First Fund on North Carolina Acquisitions

New Jersey Firm Targets Properties for Conversion Into Traditional Apartments
Lucern Capital Partners plans to convert the Wilshire Landing student housing property in Wilmington, North Carolina, to traditional apartments. (CoStar)
Lucern Capital Partners plans to convert the Wilshire Landing student housing property in Wilmington, North Carolina, to traditional apartments. (CoStar)
CoStar News
January 27, 2022 | 5:26 P.M.

Lucern Capital Partners, a private equity real estate investment firm focused on property conversions, held the final closing of its first fund, Lucern Multifamily Value Fund I.

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