INVESTMENT STRATEGY

Transforming Challenges into Opportunities

49 Years of Successfully Investing Across Cycles

For more than four decades, Davis has consistently created value for our investors, our tenants and our communities. Real estate developers as well as investors, we transform opportunities that others can’t see into value that others can’t deliver. 

$2.9B Equity Raised Across Five Value-Add Funds

DIV Fund I

$229.5M

Davis Investment Ventures Value Opportunity Fund I is a $229.5 million real estate fund that is invested in real estate equity, joint-venture equity, debt, and CMBS securities. The fund closed in 2010 and was liquidated in 2020.

DIV Fund II

$413.5M

Davis Investment Ventures Fund II is a $413.5 million real estate fund invested in real estate equity, joint-venture equity, debt, and CMBS securities. The fund closed in 2012 and is fully committed.

DIV Fund III

$512.1M

Davis Investment Ventures Fund III is a $512.1 million real estate fund investing in real estate equity, joint-venture equity, debt, and CMBS securities. The fund closed in 2016 and is fully committed.

Div Fund IV

$777.5M

Davis Investment Ventures Fund IV is a $777.5 million real estate fund investing in real estate equity, joint-venture equity, debt, and CMBS securities. The fund closed in 2020.

Div Fund V

$977.1M

Davis Investment Ventures Fund V is a $977.1 million real estate fund investing in real estate equity, preferred equity, joint venture equity, and debt. The fund stopped accepting new commitments in 2024.

As of Q3 2025 based on capital commitments

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