Bell Partners exceeds target, closes fund at $950 million

Bell Partners announced Wednesday that it has completed the final close for Bell Apartment Fund VII at its hard cap of $950 million in equity commitments.  The fund materially exceeded its target size of $800 million, with commitments coming from a broad range of domestic and international institutional investors, including the vast majority of investors from Bell Apartment Fund VI, as well as accredited high-net-worth investors. Bell Partners is an apartment investment and management company…