Sun Belt Fund For Multifamily Development Launches

The Fund's goal is to focus on the main metropolitan areas in Florida.

A real estate investment company called Participant Capital Advisors has started a new fund. It's called the Participant Capital Sun Belt Multifamily Development Fund 1. They want to raise $250 million to use on building new homes in the Sun Belt area. The Fund has an 8-year plan and is private. Apex Group Ltd. will help manage it.

The Fund is looking to invest in low-rise multifamily projects in Orlando and Tampa. It's also interested in mid/high-rise projects in Miami and other South Florida cities. Florida is the main focus.

Bernie Wasserman, the President of Participant Capital, thinks that multifamily development in Florida is a good investment. This is because of things like demographics, more people working from home, and rising residential costs. Florida's big cities are also experiencing a lot of growth. The latest fund from Participant Capital will let people invest in high-quality multifamily development projects.

The people at Participant Capital have been developing things for over 30 years. They work with a company called Royal Palm Companies. This company has done over 50 real estate projects and has made a lot of money. Participant Capital works with other good groups and invests in real estate projects. One of the groups they work with has some special brands for their developments.

Want to know more about the Fund? Check out http://pca-multifamilyfund1.com/. Need to ask some questions? Dial 1.800.581.7227 for Participant Capital Investor Relations.

Participant Capital helps wealth managers invest in real estate development projects with institutional investors. They are connected to Royal Palm Companies, which has experience in over 50 projects. Their investment options include multifamily, hospitality, and mixed-use projects. Visit their website for more information: www.participantcapital.com.

We want you to know that Participant Capital Advisors, LLC is an investment adviser. It's registered with the SEC but that doesn't mean the SEC approves of us. Our skill and training level is not guaranteed. If you want more info, check out our ADV Brochure here: www.adviserinfo.sec.gov/firm/summary/304859.

Need to contact the media? Reach out to Siobhan Nolan at JConnelly. You can call her at (862) 217-9585 or email her at [email protected]