In order to give the option to investors to participate starting from US $100,000 the Fund issues its shares through ETP’s (Exchanged Traded Products). This financial vehicle consists of securities whose price and value are derived from the underlying assets. In this case, Structured Notes that has as collateral the titles of the properties that are being bought and sold.
The ETP’s are recognized assets in the International Exchange Markets and investors can buy them and sell them through their stock traders.
The Manager, on behalf of the Company, will strategically acquire, rehabilitate and sell real estate properties within the affordable housing price range.
The Company will also purchase vacant land to build homes within the affordable housing price range on a 12 month cycle between acquisition, construction and sales.
The portfolio consist of land and residential dwellings located in urban areas in South Florida, where affordable housing is likely to continue to attract government support and subsidies in the way of favorable financing opportunities.