January 19, 2023
Affordable and workforce housing investors, Future RE Capital Management, is known for developing and redeveloping single family properties to produce long-term income. The company recently announced the upcoming launch of its new real estate fund, Future RE Fund II, LP.
The Fund will strategically target residential and multi-family assets in affordable housing and workforce markets within eighteen (18) U.S. cities for the purpose of acquisition, renovation, development, redevelopment, and long-term leasing. Offering a preferred return of 16%, the fund will also offer short-term lending options for potential developers and will be externally managed by Future RE REIT Management, LLC, a newly formed entity controlled by Future RE Capital Management.
“The goal of our new fund is to increase our portfolio and our investor base with the objective to provide Institutional and High-Net-Worth investors access to residential, core focus, private off market real estate” commented by Christopher Harrison, Chief Executive Officer.
Future RE Capital Management has over 15-years experience buying, renovating, leasing, and selling, residential and commercial properties strategically targeted across 18 cities, with a special emphasis on affordable and workforce housing. The company currently is responsible for over $30 million in assets.