Chicago Real Estate Private Equity Fund

In the current real estate market in Chicago, real estate private equity funds offer untold opportunities for investors. The delinquency rate for bank loans secured by Chicago-area income-producing real estate increased to 7.4% in Q2 2011, up from 6.8% in Q1 and 6.2% in same period a year earlier according to Foresight Analytics. In March 2011, the Chicago Tribune reported that “Owners of 96,000 two- to six-unit rental buildings in Cook County are upside-down in $12.6 billion of mortgage debt, potentially putting 42% of small rental buildings in the county at risk of default.”

Logan Ventures’ investment objective is to achieve capital appreciation by way of acquiring real property and property-related assets. The acquisition targets of this Chicago real estate private equity fund are distressed and bank-owned commercial, broken condo transactions, apartments, multi-family for $10 million or less, primarily in Chicago and its suburbs. After purchase, all properties will be renovated and leased on an all-cash basis, thereby achieving the best cost and velocity and offering compelling 5-year returns.