Resolute.Fund will be managed as a traditional private equity real estate fund. The Fund is expected to pay out dividends on a regular basis and may reinvest a portion of the profits into additional properties.
The Fund main investment strategy is to invest in a diversified portfolio of multi-family housing properties and distressed mortgage loans across the United States.
The multi-family assets that the Fund will invest in are undervalued income-producing, institutional-quality real estate that needs renovation or redevelopment. The Fund plans to improve the real estate, refinance the equity, and reinvest the proceeds into additional properties. Our multi-family strategy focuses on acquiring properties that are viewed as undervalued, with the potential for above average risk-adjusted returns through repositioning of the asset, striving for increased rental income after renovation. Our initial portfolio is expected to include properties in the New York City area, with further diversification into other secondary markets across the U.S. Our senior multi-family investment officer has been acquiring properties since the 1970’s and is currently the largest landlord in Brooklyn.
The distressed mortgage loans will be senior loans on residential or commercial real estate where the borrower has failed to make payments or are selling at distressed prices for other reasons. Our competitive advantage is our singular focus on loans in the $5-15 million range, where we have limited competition. The Fund will seek to acquire the loans at discounted prices to principal balance, then manage and monetize these mortgage assets employing various methods, including these singularly or in combination: loan modification, foreclosures with sales to third parties, refinancing and deficiency judgments. Our primary geographical focus is in secondary and tertiary markets primarily in the Southeast, Southwest, Mid and Northwest. The senior members of our mortgage debt team have been acquiring and servicing mortgages since days of the Resolution Trust Corporation in the late 1980’s.
Our pipeline of investments is deep, having sourced more than $2 billion of distressed assets in 2018 to date, and a consistent pipeline of attractive multi-family assets in multiple geographies.
Please refer to our Thesis paper for additional details about Resolute.Fund.
We are creating a digital share class that represents a limited partner share in our fund. Shareholders will be able to trade the digital shares on SEC regulated exchanges on-demand.
Thus, we introduce liquidity for our investors, and this flexibility unlocks value.
Attention. There is a risk that unverified members are not actually members of the team
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