Alternative Investment Posts
Attached is a brief fund update. We have raised $14 million to date from friends and family investors and are now looking to raise from a broader investor audience. We have seeded two assets to the Fund, one of which is already under contract to sell after we foreclosed and if closing occurs as scheduled in December, the investment would return a 1.5x multiple and 145%+ IRR to investors.
Our sole focus in the Fund is to acquire ownership interests in distressed seniors housi
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