Ground-Up Development

Our ground-up development strategy focuses on addressing unsatisfied growing demand for new, high-quality residential and projects.

We identify neighborhoods that needs more residential units and bring real projects from concept to reality. Our vertically integrated team leverages expertise to create assets that support community success.

Potential Ground-Up Development Property Types

Townhomes

Townhomes Vera Fund

Location VF 2850 NE 32nd St, Fort Lauderdale, Fl

Multifamily

Multifamily Vera Fund

Location VF 2479 NE 192 ST, MIAMI, FL

Potential Ground-Up Development Property Types

Townhomes

Townhomes Vera Fund

Location VF 2850 NE 32nd St, Fort Lauderdale, Fl

Multifamily

Multifamily Vera Fund

Location VF 2479 NE 192 ST, MIAMI, FL

Case study

Case study

Location VF 2479 NE 192nd ST, Miami, FL

Residential construction of multi-family complex with 20 units

Status – Under Construction

Scheduled Completion Date – 12/24

Low leverage ~ 45% LTC

Target IRR - 30%

Target MOIC – 1.75x

Currently, the project is under construction, superstructure is almost topped out with anticipated project completion in December 2024. The project is located in a unique location in walking distance from top rated private school Scheck Hillel Community School. As the whole ground-up strategy this project is aimed to satisfy unrealized demand for quality living in modern fully-amenitized buildings.

The investment targets an impressive IRR of 30% and aims to achieve an Investment Multiple MOIC of 1.75x

Currently, the project is under construction, superstructure is almost topped out with anticipated project completion in December 2024. The project is located in a unique location in walking distance from top rated private school Scheck Hillel Community School. As the whole ground-up strategy this project is aimed to satisfy unrealized demand for quality living in modern fully-amenitized buildings.

The investment targets an impressive IRR of 30% and aims to achieve an Investment Multiple MOIC of 1.75x