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Despite Apartment Worries, Bell Partners Closes $950 Million Fund

Firm’s $2.5 Billion in Buying Power Will Be Directed at Upgrades to Allow Higher Rents
Bell Partners paid $91.6 million from the latest apartment fund it closed for a 222-unit complex in Redmond, Washington last year. (CoStar)
Bell Partners paid $91.6 million from the latest apartment fund it closed for a 222-unit complex in Redmond, Washington last year. (CoStar)
By John Doherty
CoStar News
June 5, 2020 | 10:48 P.M.

Investment firm Bell Partners has closed its latest apartment fund, raising $950 million for properties it can upgrade and charge higher rents.

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