US HOUSING REDITUS Fund will acquire land for multifamily development(new construction), further rental stabilization and sale and will also acquire income producing Multi-Family Properties (existing construction). Once acquired existing construction, additional cash will then be invested to upgrade properties. An extensive repositioning plan will be prepared which calls for the improvement of community amenities, exterior enhancements and appropriate interior unit renovations. The proposed repositioning value-added plan is expected to improve the rents significantly. A higher-quality renter pool will likely be able to sustain greater increases in rent and will also likely take better care of the physical space they are renting.
US HOUSING REDITUS Fund will purchase land for new construction and will acquire, at discounted price based on current market value, Single Family Homes existing construction strategically located in neighborhoods within US suburban and underdeveloped communities, were there is a current shortage of supply in this type of homes. All properties are fully renovated or new construction, insured, rented and managed by an expert property manager. We are targeting on holding this homes for a period of 3 to 5 years.
i. Reditus Group is a joint venture of highly educated professionals with a long-term standard record in financial services. Reditus has a network of individual, institutional clients, and private fund managers to whom it renders portfolio management services. As portfolio co-manager, Reditus will be responsible for coordinating the risk committees of the fund.
ii. ASV is a General Contractor company offering construction services in terms of Site Analysis, Feasibility Studies, Preliminary Design Studies and Permit/Zoning Applications. As portfolio co-manager, ASV is responsible of assessing the technical feasibility of construction projects.
iii. US Housing Portfolio Manager LLC. is a real estate investment and development company based in Miami whose core business activities are land banking, development, asset a