GSP REI (610-357-2330) has introduced a 506(c) fund opportunity for accredited investors interested in impact investing to develop and redevelop high-demand workforce housing.
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GSP REI has announced an investment offer for accredited investors who want to invest passively in real estate. The company acquires value-add and distressed single-family properties in the Mid-Atlantic region and redevelops them for long-term rental or resale.
More information can be found here: https://gsprei.com/
GSP REI is built on a vertically integrated platform, with in-house construction and property management. This all-in-one approach means that the company can keep costs and timelines to a minimum, serving both renters/buyers and investors.
"Utilizing our extensive network of real estate professionals, attorneys, financial institutions and government-sponsored entities, we acquire high quality, well located, off-market and on-market inventory at discounted pricing," a company spokesperson said.
As explained in a Medium article, the fast urbanization, increasing construction costs, and zoning restrictions have led to an ever-growing imbalance of demand for affordable workforce housing supply. This leads to limited access to quality housing for workers like teachers and healthcare workers who have to compromise on savings and education to make ends meet. In the long run, this affects communities as companies struggle to retain talent when families feel forced to relocate to an area with lower housing costs.
GSP REI manages 506(c) funds and can generally solicit accredited investors. To be approved, investors need to have a $1 million net worth, excluding primary residence, or make $200,000 as singles or a combined $300,000 with their spouse.
Investors can choose a term between 9-60 months with different required up-front investments with options as low as $10k. The company offers fixed rate returns between 10% - 12% per annum paid monthly, with the option to compound monthly payments to make higher returns.
To learn more, please visit: https://gsprei.com/current-offerings/
"We raise private equity and provide consistent asset-backed returns with transparent financial statements provided quarterly. We are dedicated to providing the best, most transparent investor experience in the alternative investment industry," the company spokesperson said.
About GSP REI
The team at GSP REI has a combined 80 years of experience and has navigated both the booming economy in the late 1990s and the 2008 financial crisis. The team has traded over 4,000 single-family assets worth over $500 million.
Interested parties can book a call for more information here: https://gsprei.com/contact/
Disclaimer:
This is not an offer; offers are made only through the Regulation D Offering Documents available on GSP REI's website and are for accredited investors only. Investing involves risk, and past performance is not indicative of future results; GSP REI recommends consulting with financial advisors before making any investment decision.
Contact Info:
Name: Peter Neill
Email: Send Email
Organization: GSP REI
Address: 851 Duportail Rd 2nd Floor, Chesterbrook, PA 19087, United States
Phone: +1-610-357-2330
Website: https://gsprei.com/
Source: NewsNetwork
Release ID: 89147735
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