The new private market bond fund offering will be available to investors from January 18th.
Real Estate Debt II LP 2024 is a diversified debt fund with approximately $100 million in active loans. The primary investment objective is to preserve capital while generating cash flow for investors.
RD Advisors' strategy is to selectively invest in debt with conservative loan-to-value ratios, undergoing a rigorous borrower screening process to mitigate risk. The fund manager will focus on short-term debt with an average maturity of around one year.
The average loan size in RD's funds is approximately $1 million, with loan amounts ranging from $200,000 to $10 million and an average interest rate of 12%, which is expected to generate stable cash flow for investors.
The fund is focused on loans within the Northeast, including Massachusetts, Rhode Island, New York, New Jersey, Pennsylvania, Ohio, New Hampshire and Maine, and is well diversified with 79 loans across residential, commercial, mixed-use and land asset classes.
RD Advisors was founded in 2017 and has originated, acquired, renovated and refinanced over 280 loans with an aggregate principal amount of over $260 million. Of the 280 loans originated, over 200 have been paid off. The group manages over $100 million in assets, concentrated in the Northeast.
The minimum investor contribution is $25,000. The offering will be available to potential investors on the Crowdstreet platform starting January 18th. A live webinar will be held on the platform on January 18th at 4pm ET.
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Image courtesy of Crowdstreet.
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The article New Real Estate Debt Fund Set to Launch This Week originally appeared on Benzinga.com
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