Roofstock is now partnered with investment funds
Available exclusively to accredited investors.
The SFR Generations Fund managed by BrightForge is a low-cost option for accredited investors who want the efficiency of the Roofstock platform to gain exposure to income-producing housing assets and desire a professional manager to select the houses, oversee the closing and financing processes, and basically "do the work" of managing a portfolio of rental houses with the diversification benefits of the scale of a larger portfolio.
Summary of terms:
- Evergreen Fund - Allowing for periodic additions and withdrawals of capital
- Fund Legal Structure - General Partner / Limited Partner structure (accredited investors and qualified purchasers)
- Targeted Current Yield - 4-6% net of fees
- Targeted IRR - 10-14% net of fees
- Election to withdraw or reinvest distribution - Modify your reinvestment strategy as your needs change
- Management fee – 0.90% of equity
- Performance fee – 20% on performance in excess of a 8% annual fixed return hurdle
- Anticipated leverage - 50-70% of Property Value