| Fund Name | Detroit Real Estate Opportunity Fund I |
|---|---|
| Fund Manager or Organizer(s) | Henry Roberts |
| Fund Size | $20,000,000 |
| Fund-Related Website | robertsandpower.com |
| Investment Focus |
Commercial Real Estate, Community Revitalization, Economic Development, Mixed-use Development, Multifamily Residential, Small Business Development, Student Housing, Workforce Housing
|
| Geographic Focus |
Michigan
|
| Additional Fund Details | This is an opportunity to participate in a Qualified Opportunity Fund (Detroit Real Estate Opportunity Fund I).The company was founded in pursuit of an economic upswing for the city of Detroit. The purpose of this investment is to leverage the expertise of our team’s diverse background. With experience in finance, construction, architecture, and economic development and decades of successful real estate development execution, we operate from the perspective of business architects (allowing economic relevance and agility to take center stage and create a genuine sense of place). The sponsor of the project is R&P Investment Group, the principal and advisory team of which have over 20 years of experience in business and social architecture, private equity and venture capital fund management, and sales management. DROF I plans to conduct periods of holding for 5, 7, and 10 years. |
| Organization Details | R&P Investment Group leverages the expertise of the team’s diverse backgrounds in finance, construction, architecture, and economic development with decades of successful real estate development execution. We operate from the perspective of business architects, allowing economic relevance and agility to take center stage and create a genuine sense of place. |
| Fund Contact | |
| Name | Keri Roberts |
| Job Title | General Partner |
| keri@arewereto.com |
Commercial Real EstateCommunity RevitalizationEconomic DevelopmentMixed Use DevelopmentMultifamily ResidentialSmall Business DevelopmentStudent HousingWorkforce Housing