Anka’s Residential Real Estate Fund is for investors who seek to participate in the aggressive and opportunistic acquisition of discounted residential properties in attractive markets where the downside protection of monthly net rental income is combined with significant equity upside associated with the appreciation potential of already-built housing. Presently, Anka is focused on a subset of markets and currently has a pipeline of transactions in broken condominium and other residential complexes where market disequilibrium has provided the opportunity to acquire housing units at prices that are attractive when analyzed against replacement cost and other underwriting factors. The Residential Fund opportunity fits within Anka’s investment thesis of purchasing fundamentally sound assets at a significant discount and in close proximity to metro areas with positive, long-term fundamentals. By offering all cash offers to sellers, a track-record of quick closings and leveraging the credibility Anka enjoys with lending institutions and other suppliers of attractive pipeline, Anka is able to capitalize on distressed sale opportunities in multifamily and single family situations that most large funds do not target and that smaller investors cannot pursue due to liquidity constraints. Investors participate in a growing pool of assets acquired and managed by the Fund. Investor capital is provided in installments over time as the Fund’s needs dictate. Select, accredited investors may be invited to participate in Anka’s Residential Real Estate Fund. If interested, please contact investors@ankafunds.com for more information. |
