FRIENDSHIP COMMONS II
A 24 unit office warehouse condominium development
This real estate development fund project, which began in 2006 at the height of the real estate market, continued to be success through the real estate crisis. 24 units were built and sold. This development was originally 50% financed by debt. the investors never received a capital call. To the contrary, continuous distributions were made throughout the recession, a time when so many real estate development projects faced foreclosure and bankruptcy.
GA RE FUND 1, LLC
GA RE Fund 1 is a real estate opportunity fund that was formed in 2012. A $3.55 million equity raise was transformed into nine buildings totaling 107,000 SF (Office, Retail and Industrial) and four commercial building lots. Most of the buildings were vacant when purchased. All have been restored to leasing condition, most of them leased, and later sold. All properties sold for a substantial ROI.
GA RE FUND 2, LLC
GA RE Fund 2 is a real estate income fund started in 2015. The goal of the fund is to invest in under-utilized commercial buildings that have the possibility of both lease income returns and sale income returns.
The fund was invested in two office/warehouse buildings. Both properties sold for a substantial ROI.
GA RE FUND 3, LP
GA RE Fund 3, LP is a real estate value-add income fund started in 2017. The goal of the fund was to invest in multi-tenant income producing buildings that have been poorly managed, poorly marketed or need re-positioning.
The equity has been used to purchase office/warehouse condominiums in Buford and an office/warehouse building in Hoschton.
GA RE INVESTMENT FUND 4, LP
GA RE Investment Fund 4, LP is a real estate investment fund started in 2019. The goal of the fund was to invest in multi-tenant buildings. The fund partnered with a development company owned by the Wayne Capital principals, which constructed two 30,000 SF office/warehouse condominium buildings in Buford.