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San Pedro Pre-Development Acquisition

San Pedro, CA

Overview

Asset class

Real estate

Asset type

Single-family rental

Strategy

Opportunistic

Funds

Update

New acquisition

May 4, 2018

The project is expected to deliver 19 new homes to this seaside community located adjacent to the Port of Los Angeles.

New acquisition: Urban rowhome pre-development in San Pedro

Location

San Pedro, CA

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Asset type

Single-family rental

A single-family rental (SFR) investment involves purchasing a residential property with the intention of renting it out to a single tenant or family to generate income.

Single-family rental

Our strategy

Opportunistic

Acquire and (re)develop properties, often from the ground up

Expected variability of return: Very High
Timing of expected return: Often two years or more to begin seeing returns
Primary expected source of returns: Growth

More about our strategies

This section is intended to provide a general overview of the Opportunistic strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.

Associated fund

Closed Real estate

The Growth eREIT was the first equity eREIT Fundrise launched in 2016. Since the beginning, it has pursued opportunistic investments into affordably-priced residential assets located primarily across the Sunbelt.

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