Clarke Real Estate Group starts new Real Estate Fund
Clarke Real Estate Group, Inc. has been raising funds for a new real estate fund to purchase Multifamily apartments.
Online, March 15, 2010 (Newswire.com) - Clarke Real Estate Multifamily Value Fund I is a $100 million Fund positioned to provide value-added investment returns by rehabilitating, redeveloping and repositioning undervalued multifamily real estate in major markets and sub markets throughout the United States.
"The company looks to take advantage of a decline in commercial real estate prices and a dearth of construction financing", Clarke Real Estate Group's Chairman and Managing Partner Dwaine Clarke said.
"Investors today are seeking alternatives that are more secure and stable compared to other traditional investments such as stocks and bonds and Clarke Real Estate Group, LLC fills this demand for individual investors", Clarke said.
Clarke Real Estate is led by partners Dwaine Clarke and Lance Gordon and combined with over 30 years of commercial real estate experience decided to create a vehicle that allows individuals to invest their idle cash or retirement funds and participate in the ownership of prime commercial properties without any work or management on their part.
"Now is the right time to invest, the individuals that are ready with capital to purchase will benefit the most in the upcoming years."
