MANHATTAN BEACH, CA / ACCESSWIRE / September 28, 2023 / Break of Day Capital, a multifamily real estate investment firm, is proud to announce they have launched the BODC Multifamily Impact Fund to provide win win scenarios for the residents of desperately needed workforce housing and their investors.
"The fund will allow investors to invest with a proven operator who focuses on only a few markets and strictly multifamily instead of a company that focuses on many different asset classes across the nation. Investors will still receive tax benefits, a hedge against inflation, cash flow, economies of scale and great risk adjusted returns without the crazy fluctuations of the stock market," said Gary Lipsky, President of Break of Day Capital.
The first asset in the fund is The Place at Spanish Trail. "It's a 256-unit institutional grade asset within 5 miles of 3 of our other properties. We're buying it at 20-25% below what it would've gone a year ago and we'll be able to create millions of dollars of value within weeks of taking it over. We'll apply our tried-and-true value-add plan to force appreciation. This is our first asset under contract in nine months as we've been trying to find the best deals for our investors," said Gary Lipsky.
During a recent interview, Joseph Fang, Director of Investor Relations at Break of Day Capital was quoted as saying, "Spanish Trail fits perfectly into our business model of B and C-Class Value Add Opportunities. We're excited to continue to grow in Arizona. This coincides with our mission to positively impact the lives of our investors and the communities in which we invest through the highest level of transparency and fiduciary responsibility."
Break of Day Capital is the 25th fastest growing real estate company in the US according to Inc. Magazine and they were awarded best syndication company by the American Apartment Owners Association which has over 143,000 members! Break of Day Capital's success in the competitive market has allowed them to become one of the premiere real estate firms for investors looking to get involved with managed investments.
Break of Day Capital is led by Gary Lipsky, author of the bestselling book, Best In Class, and the host of the Real Estate Investor Podcast. Gary has been a real estate investor since 2002 and has invested in over 3,000 units with $250MM in real estate transactions. Gary has spoken at countless real estate conferences across the nation.
To learn more about Break of Day Capital and their portfolio of properties and investment strategy, visit their official website at https://breakofdaycapital.com.
Media Contact:
Break of Day Capital
Manhattan Beach, CA USA
310-776-5002
gary@breakofdaycapital.com
SOURCE: Break of Day Capital
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