Domus US Multifamily Real Estate Fund No. 2
Status: Active Vertical: International opportunities
About the deal
- Target IRR of 18%+ pa with quarterly distributions of ~8% pa over a 7 year term
- USD investment into multi-family asset class in key US locations targeting long term income and potential for capital growth
- Equity raise US$29m
- Current FUM ~$240m
Why the deal is attractive
- High, stable yields in markets underpinned by strong demographic and positive economic trends
- Structured to provide Australian regulated investment in a market generally not available to individual investors
- Experienced active manager with demonstrated track record in this market
- Access to attractive funding options including low HUD loans only accessible through qualifying managers
- Significant value add opportunities through programmatic renovation program and strategic upgrades to common area amenities
What it delivers to investors
- Access to US opportunities with simplicity of Australian investment structure
- Stable income and capital growth
- Low correlation to general property portfolios