Updated about 10 years ago on .
Chicago Mixed-Use Property Fund - Real Estate Crowdfunding
We're pleased to announce that the due diligence process on our City Pads Portfolio Fund offering has been completed, and that the deal is now accepting investments.
The fund intends to acquire mixed-use and multifamily apartment buildings that have potential value-add opportunities with upside on market rents to add to its current portfolio. The fund is managed by the primary owner and operator of Chicago Apartment Finders, which is presently the largest residential leasing agency in Chicago. With five prominently located retail stores, 120+ leasing agents and 35 salaried employees, Chicago Apartment Finders should provide the fund with a competitive advantage in operating residential buildings, underwriting financial projections and expediting the due diligence process.
Investment Financials
Projected IRR: 15-20%
Offering Size: $2,000,000
Underlying Security: Common Equity
Property Type: Multi-Family and Mixed Use
Investment (Phase) Type: Development, Value-Add, Redevelopment
Term Length: 5-7 years
Minimum Investment: $5,000
For more information on this offering, visit PeerRealty.com.
On Tuesday, September 29th, at 2:00 PM CST, we'll be hosting a webinar with City Pads managing partner Andy Ahitow to discuss the offering. You can register for the webinar here.