As of December 31, 2015, the Fund Manager has invested 31% of funded commitments to date. The Fund has invested in each of the below real estate projects, either as the general partner or as bridge lender, or both. Select the investment below for more information:
Retail-Mixed Use - acquired a sixteen acre parcel in Bedford, New Hampshire and plans to develop a high-density, Class A, mixed-use project on the site.
Hospitality - full service hotel - closed on the purchase of a 196 room, full service hotel in New Orleans, LA on December 17, 2015.
Hospitality - Pending Acquisition (under contract) - project will include the acquisition, renovation and rebranding of a full-service hotel located in Harrisonburg, VA.