• Active
• Premier Offering

Located less than a mile from the coast, the Independent is a 61-unit midrise multifamily asset. Floor plans are evenly spread among studio, 1-bedroom, and 2-bedroom configurations in a four-story concrete and steel construction. The building went through extensive renovations in 2014 to convert previous office and commercial space into apartments on the 1st and 2nd floors. A single commercial tenant and 11,000 s.f. of vacant commercial space remain on the 1st floor.

• Active
• Premier Offering

The primary purpose of Opportunity Fund I is to invest in existing multifamily real estate in a distressed or opportunistic state that is priced below expected current market value. The Fund may also pursue other selective investments in strategic opportunities, including short-term rentals, if they are deemed to offer a potential to maximize Fund profits.