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Investment Parameters

 

CHI’S FUND WILL INVEST IN VESTA ACQUISITIONS AND IN ASSET CLASSES WITH WHICH VESTA HAS INTIMATE KNOWLEDGE.

These will include:

  • Existing Affordable Housing (residents earn at or below 60% Area Median Income);
    • Acquisition of Low Income Housing Tax Credit (“LIHTC”) partnership positions, while the tax credits are still flowing to the initial investor;
    • Acquisition of LIHTC properties during the compliance or extended use periods;
  • Workforce Housing (residents earn 80- 120% Area Median Income);
  • Class B / C Housing (no existing Affordability Restrictions);
  • Strategic portfolio acquisitions. The fund will acquire properties that will benefit from Vesta’s integrated owner / manager structure to deliver consistently strong returns to the investors.

CHI FUND I RETURN PROFILE

  • IRR – 8-10% to Investors
  • Cash on Cash – 6% Preferred Return to Investors
  • Total Fund Size – $10,000,000

Customize a Portfolio

  • Sponsor Co-invest of 10%
  • First Loss Protection up to 20%
  • Investors will be paid their Return prior to Sponsor’s Returns

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Our Portfolio

Oakwood Place

Dallas, TX 75216

Las Lomas

Dallas, TX 75217

Marshall Meadows

San Antonio, TX 78214

Mission Del Rio

San Antonio, TX 78223

Port Royal

san antonio, tx 78242

Palo Alto

San Antonio, TX 78224