Posted: June 23, 2014
The Rocksure Group launches two real estate equity funds in the U.S.
The Rocksure Group, a world leader in shared equity ownership, unveiled its expansion into the United States with the launch of its Manhattan and Liberty Apartment Funds. These real estate equity funds offer investors the unique opportunity to both co-own valuable real estate in Manhattan and key U.S. cities for capital gain and also enjoy the use of the properties during the 10 year life of the funds.
For a fraction of the cost of whole ownership, investors can become co-owners of a premier portfolio of luxury residences in Manhattan, Miami, San Francisco, Santa Monica, Washington DC and Chicago, cities which are experiencing strong growth in the real estate market. On average, each home will be valued at $3 million and will span more than 1,400 square feet. Each residence includes daily maid service as well as access to personal chefs and Rocksure's Concierge Service to ensure a seamless and leisurely experience, appealing to discerning investors seeking a smart way to invest in a second home.
The Manhattan Fund, comprised solely of properties in New York City, will be divided between 64 Investment Units or equity share while Rocksure's Liberty Fund, which will feature premier properties throughout the nation's highly coveted cities, will be divided between 75 Investment Units. Full Unit Investors of the Manhattan and Liberty Funds are entitled to an average of 21 nights each year for ten years from Final Closing of the Funds. Properties will be maintained and cared for by The Rocksure Group.
"As we have seen in the U.K. market, we are confident that now is the time to invest in high quality real estate in key markets across the United States and Manhattan in order to 'catch the wave' of rising property values," said David Rogers, founder & chairman, The Rocksure Group. "Accredited investors will recognize both the financial and lifestyle value in both our Manhattan and Liberty Funds, which offer the opportunity to co-own an exquisite portfolio of luxury residences as an alternative to spending millions on a single investment property."
Helmed by The Rocksure Group's founder, chairman and real estate equity pioneer, David Rogers, along with chairman, Rocksure North America, Alistair Ballantine, Rocksure's expansion into the United States follows its global success with its Alpha, Bravo, Capital, Crystal and London Funds which have garnered more than $30 million in investments over the past eight years.
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