We buy historic real estate with valuable development rights. After purchase, we place the property under a historical preservation easement (HPE), giving our investors a non-cash charitable tax deduction that enhances their capital return and lowers investment risk. We focus on stabilizing and optimizing the property’s cash flow, which may involve redevelopment. This process can attract Federal and State tax incentives that cover 40% or more of the redevelopment costs.

In addition to our historic real estate acquisitions, we also identify legacy American industrial manufacturing businesses to acquire. We focus on companies with great people and strong customers. We target opportunities with <$1M up to about $3M in earnings at valuations of 2-3 times earnings.

The fund aims to generate operating income through the real estate and business portfolio that is tax efficient based on depreciation of assets and other available tax incentives at the Federal, State and Local levels. The fund targets a 5-7 year hold period followed by a liquidation of the real estate and a sale of the business portfolio via an Employee Stock Ownership Plan (ESOP).

Fund Facts

• 7% Annual Preferred Return
• 80% of Distributable Income after preferred until Return of Capital
• 50% Maximum Reduction of Adjusted Gross Income (AGI)
• 2.49x Maximum Charitable Deduction multiple
• Minimum Investment $50,000
• Accredited Investors Only