#United States #Phoenix #Neighborhood Ventures #Multifamily Properties #Fund II

Neighborhood Ventures Launches Opportunistic Fund II

Neighborhood Ventures (NV), a prominent player in the real estate sector and an innovative online investment platform, has recently unveiled its new initiative, Opportunistic Fund II. This fund has a bold target of raising $25 million to facilitate the acquisition of 5 to 8 distressed multifamily properties in rapidly growing markets across the Southern and Western United States. The company is set to focus on areas like Denver, Tampa, Salt Lake City, Charlotte, Dallas, and Phoenix.

The primary aim of this new fund is to purchase mid-sized multifamily communities, typically containing 50 to 200 units, at a substantial discount—around 30% or more below their intrinsic value. This strategy is grounded in the current market dynamics that have created opportunities for acquiring undervalued real estate assets. Jamison Manwaring, the Co-founder and CEO of Neighborhood Ventures, emphasizes that this fund scales a proven strategy from their first Opportunistic Fund, which successfully capitalized on multifamily distress primarily in Arizona.

As the company expands geographically, their goal is to tap into a deeper pool of investment opportunities. The combination of an oversupply of newly constructed multifamily buildings in the sunbelt regions, along with prevailing high-interest rates, has created a scenario where property operators are increasingly compelled to sell at distressed prices. Neighborhood Ventures is strategically positioned to leverage these conditions in order to acquire well-located assets at significant discounts.

Fund Highlights

The Opportunistic Fund II presents several key highlights:

• - Target Raise: $25,000,000
• - Target Assets: 5 – 8 distressed multifamily properties (50 – 200 units)
• - Target Markets: Denver, Tampa, Salt Lake City, Charlotte, Dallas, Phoenix
• - Acquisition Strategy: Purchasing assets at 30%+ discounts via lender purchases, pre-foreclosures, and forced-sale situations
• - Investment Horizon: Approximately 4 years (2025–2029)
• - Target Return: 16–20% IRR
• - Minimum Investment: $50,000 (Accredited U.S. investors only)

Why Now?

The timing of this fund is particularly critical. Many property owners who utilized floating-rate bridge loans during the market boom of 2021 and 2022 are now finding it challenging to refinance into fixed-rate loans due to increasing interest rates leading to lowered property values. This predicament often results in scenarios where borrowers cannot meet refinancing conditions, prompting loan extensions and a rise in distressed sales and pre-foreclosures.

Neighborhood Ventures is therefore uniquely positioned to respond swiftly to such market changes by sourcing properties below their replacement cost, implementing operational and capital improvements, and ultimately exiting into a recovering market cycle. Their investment strategy centers around quick deployment of capital, hands-on management of properties, targeted renovations, and a well-defined exit plan designed to maximize asset appreciation.

John Kobierowski, Co-founder and President of Real Estate, states, “Execution is everything. Our team handles all aspects, including acquisitions, in-house property management, and capital projects. This integrated approach enables us to transform discounted purchases into stabilized, income-generating assets. Our operational efficiency is what ultimately creates sustainable value for investors.”

Neighborhood Ventures is dedicated to revitalizing underperforming properties into flourishing, cash-generating assets while simultaneously making positive impacts within their communities. With strong investor communication and update mechanisms available on their website, prospective investors can stay informed about ongoing projects and investment opportunities.

For more details on Opportunistic Fund II, upcoming investor webinars, or insights into Neighborhood Ventures’ impressive track record, visit their official website at neighborhood.ventures. It is essential for potential investors to remember that past performance does not guarantee future outcomes, and investment in real estate carries inherent risks that can affect expected results.