Ernst Capital is pleased to announce that fundraising for the Signature Real Estate Income Fund V, LLC has closed. Private investors throughout the US committed $42,825,000 in capital for developments valued at over $150,000,000.

In early March, we distributed over $1,900,000 to Signature Fund V investors, and plan to continue with monthly distributions going forward. Thank you to all who invested in or considered Signature Fund V.

Brookside Village Commons
Signature Fund V Ownership:            100%

Brookside Village Commons is a new multi-family development in Grimes, IA, part of the Des Moines metro area, that is expected to bring 323 new apartment units just east of Highway 141 at the intersection of Destination Drive and Beaverbrooke Boulevard. The property will feature a mix of studio, 1-, 2-, and 3-bedroom apartment units along with 2- and 3-bedroom townhome-style apartments. Residents will have the flexibility to choose among diverse floorplans, with options for many different unit types, sizes and parking choices. All residents will be able to enjoy the property’s attractive amenity package, including a clubhouse, dog park, fitness facility and pool area. The clubhouse will also include high-end features like a coffee bar, gaming area and golf simulator.

Willows South Commons 
Signature Fund V Ownership:            100%

Willows South Commons is a new multi-family development in eastern Sioux Falls, SD that is expected to bring 139 new apartment units near the intersection of SD Highway 100 and Arrowhead Parkway. A mix of studio, 1-, 2-, and 3-bedroom units will offer residents flexibility to choose the right unit type, floor plan, and price point to fit their needs. The development will feature great visibility along SD Hwy 42 and an amenity package with an onsite office, fitness facility, pool and patio and access to the neighborhood walking and bike trail. Willows South Commons is being added to the greater Willows Edge community, home to growing residential and commercial developments along SD Hwy 42 and Six Mile Road.

Willows East Commons 
Signature Fund V Ownership:            100%

Willows East Commons is a new multi-family development in eastern Sioux Falls, SD that is expected to bring 117 new townhome-style apartment units near the intersection of SD Highway 100 and Arrowhead Parkway. A mix of 2- and 3-bedroom units with attached garages will offer residents flexibility to choose the right unit type, floor plan, and price point to fit their needs. The development will feature an amenity package with an onsite office, fitness facility, dog park and access to the neighborhood bike and walking trail. Willows East Commons is being added to the greater Willows Edge community, home to growing residential and commercial developments along SD Hwy 42 and Six Mile Road.

Shepherd Hills Commons
Signature Fund V Ownership:            100%

Shepherd Hills Commons is a new multi-family development in Rapid City, SD, that is expected to bring 271 new apartment units to South Dakota’s second largest city in the state. The property will feature a mix of studio, 1-, 2-, and 3-bedroom apartment units along with 1-, 2- and 3-bedroom townhome-style apartments.