Since April 2016, the Michigan Ross Real Estate Fund (“REF”) has allocated over $450,000 in limited partner capital across its portfolio, with additional investments in the pipeline. REF targets net portfolio-level IRRs of 8% to 12% over a 5 to 10-year hold period with a disproportionate share of the return derived from operating cash flow. Portfolio-level returns to date are on-par with REF target returns.
Our Investments and Dispositions
THe Edge at Novi
Novi, MI
Asset Class: Class-B Multifamily
Equity Contributed: $50,000
Acquisition Date: December 2021
Vose Street
North Hollywood, CA
Asset Class: Class-B Light Industrial
Equity Contributed: $50,000
Acquisition Date: August 2021
Aspen Ridge
West Chicago, IL
Asset Class: Class-B Multifamily
Equity Contributed: $50,000
Acquisition Date: February 2021
Lumina
Conshohocken, PA
Asset Class: Class-A Multifamily
Equity Contributed: $50,000
Acquisition Date: January 2020
Equinox Bloomfield Hills
Bloomfield Hills, MI
Asset Class: Retail
Equity Contributed: $9,200
Acquisition Date: June 2019
Hampton Inn Denver International Airport
Denver, CO
Asset Class: Select-Service Hospitality
Equity Contributed: $50,000
Acquisition Date: July 2019
Flats at Douglas
Toledo, OH
Asset Class: Class-B Multifamily
Equity Contributed: $50,000
Acquisition Date: April 2018
Knoxville Pointe
Peoria, IL
Asset Class: Class-B Multifamily
Equity Contributed: $25,000
Acquisition Date: April 2017
Exited: July 2019
chateau nederland
Nederland, TX
Asset Class: Class-C Multifamily
Equity Contributed: $125,000
Acquisition Date: May 2016
Exited: May 2020