Market

 
HIF1

Housing Impact Fund 1, HIF1 by Red Grass
HIF is a real estate fund that will be open for passive real estate investors seeking a risk-adjusted return on investment alongside social impact.

HIF's mission is to increase the supply of quality housing on the lowest and lower middle-income markets.

How to buy
 
  fund status: pre-sale | open | closed


 

Product

Strategy: opportunistic, value-added.
Asset type: residential housing, commercial multifamily housing.

Exposure Breakdowns

Sector
Residential  client login %
Commercial multifamily  client login %

Geography
North America  / Florida  client login %

Asset Class
Equity  client login %

The end-user
The lowest and lower middle-income households or 29% share of US adults. Source: PEW Research


Product features

Economic downturn mitigation
We invest in the lowest and lower-middle markets that are less impacted, historically by economic downturns.

Control of assets

We are in the business of owning real estate assets, even when we are loaning money we still hold the first note on a property and are actively involved in its management. 

Appreciation is not a part of our financial projections
We do not invest in real estate, hoping the market will appreciate or betting the values will rise. We invest based on its cash flow on-time of investment or its potential cash flow during the first months of investment.  

Key Facts 

Target Return

8 - 12%

International Investor

Yes

Distribution

Quarterly

Market

lowest and lower middle-income rental market.

Preferred Return

Cumulative Preferred Return 8%

Timing

Equity members are subject to a 24-month lockup.

Profit Split

50% to investors 
50% to manager

IRA Funds Allowed  Yes

Security Instrument

Shares in the LLC

Reinvestment Option  Yes

Minimum Investment

$50,000 single fund or $25,000 double fund

Historical Returns Our blended net return to investors on a similar strategy has exceeded 20%.

Accredited Investors Only

Yes*

Investment Open  Yes 

Manager, The Red Grass

 The Red Grass operates under three explicit principles.
*Focus on deals that are at a significant discount of the replacement cost. 
*Invest in high growth markets.
*Repurpose asset where the end-user typically also has 3rd party payer.






*Accredited Investors must meet ONE of these guidelines:
Net worth exceeding $1 Million, excluding primary residence
Individual annual income over $200,000
Joint annual income over $300,000

What is a private equity real estate fund?

Private equity real estate fund is an investment vehicle that allows high-net-worth individuals and institutions like endowments and pension funds to invest in equity and debt holdings in property assets. Using an active management strategy, private equity real estate takes a diversified approach to property ownership. General partners invest in a variety of property types in different locations.

Legal disclaimer

This page contains only pre-market material. 

Our offerings under Rule 506(c) are for accredited investors only.
FOR OUR CURRENT REGULATION A OFFERING, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV.

For our anticipated Regulation A offering, until such time that the Offering Statement is qualified by the SEC, no money or consideration is being solicited, and if sent in response prior to qualification, such money will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is qualified. Any offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. A person’s indication of interest involves no obligation or commitment of any kind. Our Offering Circular, which is part of the Offering Statement, when filed, may be found at sec.gov or on our website at paperfree.com.

tags  #real estate fund  #private real estate fund #
 USR9-117345