Equity Resource Fund 2017 acquired, with two sponsor partners, a real estate company that owns general partner and limited partnership interests in a large portfolio of assets consisting mainly of multi-family properties. The passive nature of the existing management company created the opportunity for new ownership to generate value across the portfolio.
The fractional interests consist of GP interests (and in some cases LP interests as well) in 59 properties including 30 Section 8 assets, 8 conventional multi-family assets, 3 commercial assets, 4 assisted-living facilities, and 14 “Rural Development” multi-family assets.
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