FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Press Releases / Read Press Release

Print

US Capital CEO Launches $250M Residential Real Estate Fund

January 18, 2017, 08:04 AM
Filed Under: Real Estate


US Capital Partners Inc. announced that Chairman and CEO Jeffrey Sweeney has launched the US Capital Residential Real Estate Income Fund (the Fund) through the firm’s private investment and asset management division, US Capital Investment Management, LLC.

The General Partner’s aim in creating the Fund is to deliver attractive risk-adjusted returns to its Limited Partner investors, redeemable in cash every quarter, primarily by making senior secured debt investments in residential real estate in the United States, either directly or indirectly through highly promising residential real estate funds and residential real estate development and operating companies.
“We are delighted to be adding this important income-generating residential real estate fund to our expanding family of private investment funds and vehicles,” said Jeffrey Sweeney, Founder and Managing Partner of US Capital Investment Management, LLC and Chairman and CEO of US Capital Partners Inc. “The opportunity to participate in the US Capital Residential Real Estate Income Fund is now open to eligible investors through our digital investment platform, available at www.uscgs.com, which offers a curated selection of private placement opportunities.”

US Capital Residential Real Estate Income Fund, LP aims to preserve principal, provide quarterly current income distributions and capital appreciation, and achieve consistent attractive returns primarily by making senior secured debt investments in residential real estate located primarily in the United States, either directly or indirectly through highly promising residential real estate funds and residential real estate development and operating companies. The average lifetime of investments is expected to be 18–60 months. In identifying potential investment opportunities, the Fund will look for key growth features and sustainable competitive advantages. The General Partner believes focusing on fundamental real estate opportunities that have solid cash flow will result in a higher performance than opportunities focused on capital appreciation alone.

Current Potential Allocations for the Fund"

  • Residential Real Estate Operating Company investing in single-family residential real estate in Missouri that can be acquired at an advantageous price, rehabbed, rented, and ultimately resold for a profit. The firm has already attracted more than $4.5 million of equity commitments and acquired 96 homes, and needs additional capital to grow its portfolio.
  • Residential Real Estate Fund structured as a vertically integrated real estate company primarily engaged in funding single-family residential real estate loans. Since commencing operations in 2002, the company has become a leading private money lender in Texas. The company currently has a portfolio of over $100 million consisting of more than 500 loans, and is seeking up to $250 million.

 





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.