Griffin Capital said on October 13, 2026 that Griffin Capital Qualified Opportunity Zone Fund IV, L.P. has concluded its capital raise with approximately $400 million of investor equity. The fund holds six multifamily and student housing investments in five states, with 1,918 units and about $787 million of total project cost: one stabilized, four under construction and one expected to start construction in the first quarter of 2027. Its latest SEC Form D amendment, filed January 13, 2026, reported $342,008,125 sold of a $500 million offering to 614 investors; no later Form D has been filed. Across its four Qualified Opportunity Funds, Griffin Capital says it has raised more than $2.0 billion of investor equity.
The close. In a release dated October 13, 2026, Griffin Capital Company, LLC said Griffin Capital Qualified Opportunity Zone Fund IV, L.P. “has concluded its capital raise, having raised approximately $400 million of investor equity.” AltsWire reported the close the same day. We are covering it on October 20.
The portfolio. Per the release, Fund IV owns six multifamily and student housing investments across five states, comprising 1,918 units and approximately $787 million of total project cost. One investment is stabilized, four are under construction, and one is expected to commence construction in the first quarter of 2027. Markets named are St. Petersburg, Boston, Phoenix, Fredericksburg and Nashville, plus student housing adjacent to Florida State University.
What the SEC filings show. Fund IV's latest Form D amendment, filed January 13, 2026, reports $342,008,125 sold of a $500,000,000 offering to 614 investors, with a first sale on February 16, 2024 and a $150,000 minimum investment. As of October 20, no later Form D has been filed, so the roughly $400 million figure is sponsor-reported. Our Fund IV directory page now shows the fund as closed, with the Form D figures left as filed.
The sponsor. Griffin Capital says its four Qualified Opportunity Zone funds have raised an aggregate of over $2.0 billion of investor equity and have developed, or are developing, 33 multifamily and student housing communities with approximately 11,400 units and $3.9 billion of total project cost. Co-CEO Nick Rosenthal said raising and deploying capital across four consecutive funds “speaks to the durability of our investment thesis.”
For investors. Fund IV is no longer raising, so it drops out of our Best Opportunity Zone Funds 2026 ranking, which scores only funds that are still raising. To compare open funds, see the fund directory and how to choose an Opportunity Zone fund.
Original reporting by Daniel Cho for Opportunity Zone Invest, an independent OZ 2.0 research site. Facts are drawn from the primary sources cited above per our editorial standards. Nothing here is tax, legal, or investment advice.
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