History
Benchmark beating returns across market cycles
1978
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/PROPERTY-150_0006_1978.jpg)
Investment
Start of investment in recovering northeast markets, focusing on office properties with increasing tenant demand and below replacement cost pricing.
1987
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/PROPERTY-150_0005_1987-1.jpg)
Sale
Sale of Northeast investments at the height of the region’s economic and real estate cycle.
1989
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/PROPERTY-150_0004_1989-1.jpg)
Investment
Start of investment in Texas’ severely depressed energy-based economy, burdened with over-supply of office real estate.
1994
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/PROPERTY-150_0003_1994.jpg)
Sale
Start of investment in Mexico after the passage of NAFTA, as one of the first North American developers to enter the country.
1997
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/PROPERTY-150_0002_1997-1.jpg)
Sale
Sale of Texas investments at the height of the region’s boom.
2006-2013
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/PROPERTY-150_0001_2006.jpg)
Sale
Sale of Mexico investments to U.S. institutions at significantly compressed capitalization rates.
2015
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/2015-1.jpg)
Investment
Start of multifamily investment fund, Cambridge I, with a focus on value-add and ground-up development.
2017-2019
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/2017-2019.jpg)
Sale
Sale of Cambridge I, returning an 18.4% gross IRR. Cambridge II raised.
2020
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/2020.jpg)
Investment
Cambridge II equity fully invested, Cambridge III raised.
2022
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/2022.jpg)
Sale
Sale of last Cambridge II properties, returning an 18.6% gross IRR.
2023
![](https://cambridgerealtypartners.com/wp-content/uploads/2023/06/2023.jpg)
Investment
Cambridge III equity fully invested. Cambridge IV raised.