Close Popup Icon
https://diversyfund.com/felspar-investment-update-january-2018/
Investment Updates

Felspar Investment Update: January 2018

We are excited to announce the projected completion for our Felspar property is Spring 2018.

This month, the exterior doors have been installed. Lath, along with scratch and brown coats on the exterior building and insulation are complete in both buildings and have passed their inspections.

We have finished all the electrical underground work, as well as the electric panels and sub-panels in both units. Drywall is being installed and the roofing is about to get underway.

Projected completion: Spring 2018

Related Articles

DiversyFund Q1 Investment Update (2019)
  • Investment Updates

DiversyFund Q1 Investment Update (2019)

DiversyFund Q1 Investment Update The Growth Fund is invested in a brand new value-add asset named Summerlyn in Texas. Closing is anticipated next month for this new 200 unit project that is targeting an 18% IRR to the Growth Fund. Our real estate team is out in Texas currently looking at 2 other value-add opportunities…

DiversyFund Q4 Investment Update (2018)
  • Investment Updates

DiversyFund Q4 Investment Update (2018)

Park Blvd Investment Update Q4 2018 The Park Blvd project is close to receiving full permits. While the holidays slowed down response time from the City, our team is clarifying what will most likely be the last round of comments before locking in the wood frame permit. As mentioned in previous updates, the foundation permit…

DiversyFund Q3 Investment Update (2018)
  • Investment Updates

DiversyFund Q3 Investment Update (2018)

DiversyFund Q3 Investment Update DiversyFund Growth Fund  The Growth Fund has made several preferred equity investments such as our Park Blvd multi-family project, Goshen (student housing) and Felspar (Pacific Beach condos), along with a small investment in Granito Drive.  We are currently performing due diligence on several multi-family value add deals and have recently made…