ArborCrowd Announces Exit Sioux Falls Multifamily Portfolio Investment; Exceeds Initially Targeted Internal Rate of Return
May 19, 2020

Commercial real estate crowdfunding platform ArborCrowd announced on Monday it has exited its investment in the Sioux Falls Multifamily Portfolio, a collection of Class B apartment communities located in Sioux Falls, South Dakota. ArborCrowd reported the decision generated a net internal rate of return (IRR) of more than 16%, exceeding the original targeted net IRR of 12% to 14%.