Insight

Hoffman & Associates gathers $65m for inaugural PE real estate fund

The fund will predominantly target development projects including early-stage initiatives currently led by the company.

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  • The general partners were not identified
  • Since its founding in 1993, Hoffman & Associates has developed over 75 mixed-use, residential, office and retail projects
  • Currently, Hoffman is the managing member of Hoffman-Madison Waterfront, a joint venture with Madison Marquette, which is developing The Wharf, a $3.6 billion neighborhood along Washington, D.C.’s waterfront

Hoffman & Associates, a developer of mixed-use and residential communities across the Mid-Atlantic and Southeast, has closed its first real estate private equity fund at $65 million.

The Hoffman & Associates General Partner Fund will predominantly target development projects including early-stage initiatives currently led by the company. The fund gives the company an advantage in expanding its growing pipeline, acting quickly on future opportunities.

“Hoffman & Associates is expanding our portfolio. As The Wharf comes to completion, and our presence in Northern Virginia and North Carolina continues to grow with market demand and projects such as West Falls, Waterfront Station II, 4600 Fairfax Drive, Seaboard Station and RUS Bus, our company anticipates many more opportunities. The Hoffman & Associates General Partner Fund will be instrumental in continuing our company’s exciting future,” said Monty Hoffman, founder and chairman of Hoffman & Associates, in a statement.

This announcement follows the consistent growth of Hoffman & Associates, anchored by the completion of The Wharf later this year, as well as the company’s continuous expansion across the Mid-Atlantic and Southeast, with a variety of projects ranging from large-scale neighborhoods to mixed-use condominium and apartment offerings, all underscoring the company’s innovative and unwavering commitment to sustainable, community-minded development.

Since its founding in 1993, Hoffman & Associates has developed over 75 mixed-use, residential, office and retail projects with an unwavering commitment to sustainable and innovative development that puts community first. Hoffman & Associates is also the managing member of Hoffman-Madison Waterfront, a joint venture with Madison Marquette, which is developing The Wharf, a $3.6 billion, 3.3 million square-foot neighborhood along Washington, D.C.’s waterfront.
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