W&D’s JCR Capital Closes $306M Fund

Jay Rollins

BETHESDA, MD–Walker & Dunlop’s alternative investment management platform, JCR Capital, has closed on its fourth fund, JCR Capital Income Plus Fund IV, L.P. at $306 million, surpassing its initial target of $130 million.

Fund IV will primarily make participating preferred equity and structured joint venture equity investments in value-add, cash flowing properties with short duration investment periods.  The fund will focus exclusively on middle market properties — properties currently valued at $50 million and less — in the multifamily, industrial and office sectors, as well as select retail assets.

“Due for a Correction”

Jay Rollins, managing principal of JCR Capital, notes that there are increasing concerns that the market is due for a correction.