Fund Size: $18.3M
Objective: Growth + Income
Target Return: 8% - 10% IRR net
Fund I includes core plus, value-add, and opportunistic investments alongside institutional and boutique managers. Fund I is composed of pooled investment vehicles as well as single assets totaling nine holdings with exposure to ten states and over 12,000 housing units. Fund I is currently on track to achieve returns of 8%-10% IRR and 1.4x-1.6x MOIC net.