Our Sector-Focused Approach
At Berkshire, we have built an extensive network of long-standing relationships with business partners cultivated over six decades of acquiring, financing, owning and operating U.S. residential real estate. Berkshire has a proven track record in both the public and private investment markets and investing in both equity and debt opportunities.
Equity Strategies
Through various investment vehicles, including open-end, closed-end, and separately managed accounts, Berkshire invests in high quality assets and seeks to improve cash flow and create value through strategic property improvements and operational enhancements. The firm also leverages its development expertise and industry relationships to identify and pursue new construction opportunities.
Value-Add
Berkshire is focused on Class A & Class B apartment communities with a multi-pronged investment strategy. Its value-add initiatives include addressing deferred maintenance, enhancing common areas and amenities, renovating units, and implementing operational efficiencies.
Core & Core Plus
Focused on stabilized Class A apartment communities. These investments can include modest capital improvements, operational efficiencies, and lease-up strategies.
Development
Leveraging our in-house development expertise, Berkshire provides oversight to our joint venture partners for ground-up construction.
Alternative Sectors
Berkshire invests across a range of residential subtypes, including senior housing, single-family rentals, student housing, and manufactured housing.
Debt Strategies
Berkshire has been investing in the U.S. multifamily debt sector for over four decades. As a successful debt investor, the firm leverages its vertically integrated equity and property management platform, decades of experience owning and operating multifamily assets, and the expertise of its investment professionals across the United States.
Through several debt investment vehicles, Berkshire provides exposure to high‑quality multifamily credit, including agency debt securities (Freddie Mac and Fannie Mae), select preferred equity and mezzanine investments, and a market‑leading private lending platform.
Credit Investments
Berkshire’s Credit Fund Series focuses on the acquisition of multifamily debt securities, including the Freddie Mac and Fannie Mae multifamily securitization programs.
Private Lending
Market leader of transitional U.S. multifamily lending, the Private Lending Fund Series supports the investment activity of the MF1 platform, a partnership between Berkshire Residential Investments and Limekiln Real Estate.
Read the latest news on recent fund closes.
Berkshire Multifamily Credit Fund IV
Berkshire Residential Investments (“Berkshire”) announced the successful final close of Berkshire Multifamily Credit Fund IV, L.P. (“CF IV” or the “Fund”), raising $1.86 billion in commitments, exceeding its target fund size. This represents the largest fund in the series to date.
Berkshire Residential Investments (“Berkshire”) and Limekiln Real Estate (“Limekiln”) announced the successful final close of Berkshire Bridge Loan Investors-MF1 III, L.P. (“BBLI III”), raising $1.99 billion in commitments. This represents the largest commingled fund in the series to date.
Featured Communities
Berkshire has over $33 billion of real estate assets under management, including over 460,000 residential units owned, managed, or overseen across the U.S.* [1] Explore our featured properties for a look at the Berkshire footprint.
[3]Industry Awards
- Private Equity Real Estate (“PERE”); Berkshire ranked on the PERE RED 50 list for 2023, 2024, and 2025. This is a global ranking based on the amount of capital raised for the purposes of real estate debt issuance by firms during a five-year period.
- National Multifamily Housing Council (“NMHC”); Berkshire ranked on the Top 50 Largest U.S. Apartment Owners list for 2025 for 2023, 2024, and 2025.
- National Multifamily Housing Council (“NMHC”); Berkshire ranked on the Top 50 Largest U.S. Apartment Managers list for 2025 for 2023, 2024, and 2025.