A private investment firm is preparing to make a significant push into Sun Belt real estate, targeting markets that continue to benefit from population growth, corporate expansion and shifting development patterns.

1789 Capital has closed a $1.2 billion fund that could support more than $8 billion in real estate investments. The firm is working with Florida-based Easton Street to pursue opportunities in the Carolinas, Texas, Florida, Georgia and Tennessee.

The investment strategy is expected to span several property and development categories, including housing, manufacturing facilities, data centers and community-oriented projects.

The targeted geography reflects a broader investment thesis centered on the continued migration of residents and businesses toward the Sun Belt. Population gains across these states have increased demand for housing, infrastructure, employment centers and technology-related development.

The new platform, known as 1789 Real Estate Management, is led by 1789 Capital founder Omeed Malik. Donald Trump Jr., who joined the investment firm in 2024, is expected to serve on the real estate fund’s investment committee.

1789 Capital and Easton Street have already begun working together. Earlier this year, the companies announced plans for a luxury condominium tower in West Palm Beach, Florida.

For commercial real estate investors, the fund represents another indication that large pools of private capital continue to favor high-growth Sun Belt markets. Its inclusion of Texas and the Carolinas also underscores the long-term investment appeal of regions supported by business recruitment, demographic expansion and growing demand for specialized real estate.

Source: Bisnow