CHARLOTTE, N.C., Feb. 20, 2019 /PRNewswire/ — Mount Vernon Partners, LLC ("MVP"), a Carolina-based real estate investment firm headquartered in Charlotte, NC, announces the launch of a new real estate fund that will acquire and manage a portfolio of properties in and around the Carolinas.
MVP Fund I seeks to provide an uncomplicated investment alternative, increased income, and wealth conservation for investors looking to diversify long-term investments with real estate. The Fund will target middle market real estate-based investments including joint ventures, active or passive investments, urban infill development projects, income producing properties, and substantial value-added renovations including historic properties. A portfolio-based Fund means instant diversification and the potential for higher performance at lower risk levels, in order to power the growth of investors’ net worth.
"We are thrilled to launch MVP Fund I," said Buddy Green, Managing Partner. "MVP is unique in that we are bringing together partners with diverse backgrounds of accomplishments and community development. Our team contributes decades of experience and success in creative ground-up development, syndicating existing assets, redevelopment projects, and private equity opportunities."
MVP expects to target a portfolio size of $100,000,000 of total capitalization for the Fund. It’s available to accredited investors in two unit ownership classes: Class A and Class B. Class A contribution will be $250,000 per unit and initial capital investors can purchase interests as small as 10% of a unit for $25,000. Any investments below $250,000.00 will receive Class "B’ status.
"This new fund allows investors to participate in the rapid growth in the North & South Carolina regions and be part of building robust economic sources for their communities while developing a more diversified and secure portfolio," said Cameron Glaws, Managing Partner.
About Mount Vernon Partners, LLC
Mount Vernon Partners is an investment firm specializing in the acquisition, development, and value-added positions in Historic Tax Credit renovations, office, and hospitality assets. MVP has extensive experience developing hospitality and mixed-use properties, and has invested heavily in the successful rehabilitation of historically significant sites by balancing a building’s heritage with the practical needs of its modern tenants. MVP delivers exceptional quality and outstanding performance, all the while creating real estate of enduring value. For more information about MVP, how to invest in MVP Fund I, and to read full Disclosure and all Risk Factors prior to investing, please visit www.mtvernonpartners.com or call (800) 674-3661.
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