WAYPOINT RESIDENTIAL RAISES $50 MILLION IN LESS THAN 60 DAYS IN SECOND ROUND OF FUNDING

With Fund II, Waypoint Expands its Access to High-Quality Multifamily Investments BOCA RATON, Fla., April 26, 2023 /PRNewswire/ — Waypoint Residential has announced that its subsidiary’s closed-end commingled Fund II has raised over $50 million in equity, representing one-fourth of the targeted raise, within 60 days of its launch. Fund II follows quickly behind the closing of Fund I with $103 million in equity and marked the end of a highly active 2021 for Waypoint that totaled $1.94 billion in investment activity across the U.