KV Capital’s Real Estate Equity Partners division has launched its second fund, inviting investors to participate in its latest venture.
According to Darin Rayburn, President of Real Estate Equity Partners, the aim is to raise $50 million. Building upon the success of their inaugural fund, Fund II seeks to maintain momentum and forge new paths alongside development partners.
The program, which focuses on investing in projects helmed by seasoned developers across Canada, zeroes in on mid-size projects often overlooked by traditional capital sources.
Rayburn elaborates on their strategy, rooted in a deep understanding and extensive experience within the Canadian real estate sector. This familiarity with market players, projects, and industry trends empowers them to select partners judiciously and conduct thorough due diligence.
Fund II will concentrate on “build and sell” projects with development timelines spanning two to five years, seeking equity partnership investments ranging from two to ten million dollars.
Echoing the approach of Fund I, Fund II remains asset-class agnostic, open to investments in residential, industrial, or commercial projects that align with its mandate.
The launch of Fund II closely follows the successful commitment of investors to Fund I, surpassing initial expectations in terms of capital commitment pace.
Rayburn notes the burgeoning demand for such partnerships in the market, expressing pride in the relationships forged through Fund I and anticipation for further growth and collaboration with Fund II.
With a target annual rate of return between 12 to 14 percent, Fund II aims to deliver capital and profits to investors within five to seven years.
KV’s Real Estate Equity Partners team actively seeks fund investors and real estate projects in need of equity, extending a warm invitation to developers and investors alike to reach out to the team.
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By Proptechbuzz
By Ravi Kumar
