Fund I (closed)
Fund I targeted residential investments across sectors of multifamily, development, student housing, and land entitlements. The portfolio achieved diversification across eight managers, nine holdings, and exposure to ten states.
Status: Active
Size: $18.3M
Target IRR: 8% – 10% net
Target MOIC: 1.4x – 1.6x net
Strategy Allocation (% of Nav)
Geographic Diversification (% of Nav)
Selected Highlights
Casata San Marcos
A 210-unit modular micro-home development community in the rapidly growing city of San Marcos, TX.
The BLVD Apartments
The BLVD Apartments, a 924-bed student housing complex near the University of Florida in Gainesville.
Maxwell Apartments
A 590-unit ground up development in the heart of Silicon Valley. A rare marquee asset that sits blocks away from E-Bay and Netflix, is centered around the VTA Bascom light rail stop, and 5-10 minutes from downtown San Jose.
Avalon of Hermitage
Avalon of Hermitage, a 145-unit B-class apartment complex near downtown Nashville.