37P – FUND II
Conservative Approach, Proven Results
Introducing Fund II
Income and Total Return Fund (for Accredited Investors only)
- Diversification through the ability to invest in different individual property business plans and hold periods
- Provides for the potential tax benefits of pass-through depreciation and 1031 exchanges
- Class A – 9% Preferred Return with an Annual Average Return Target of 9%.
- Class B – 7% Preferred Return with an Annual Average Return Target of 14% to 17% plus
To learn more and discuss investment opportunities,
schedule a call with our Investor Relations Team today.
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Asset Class:
Value-Add / Core+ Multifamily
Offering Size:
$40 – $80M
Minimum Commitment:
$100K – with incentives at
$250K, $500K, and $1M
Initial Deposit:
10% of Commitment
Preferred Return:
Class A: 9% Annually
Class B: 7% Annually
Fund Term:
7-8 Years
Annual Return:
Class A: 9% Annual Average
Class B: 14-17% Annual Average
Fund II Investment Strategy
37th Parallel Fund II (the “Fund”) is a diversified multifamily investment. The purpose of the Fund is to acquire multifamily investments in strong markets below replacement cost, unlock embedded value, and maximize investor returns through strategic dispositions. The Fund will target assets that are mismanaged, mispriced, and/or undercapitalized with value creation potential.
The Fund will focus on 12 markets based on attractive demographic factors, strong tenant demand, supply constraints, and exit liquidity.
![37P-Map_Target Markets](https://37parallel.com/wp-content/uploads/2024/04/37P-Map_Target-Markets.png)
Drawing from Prior Success
Fund I
Portfolio
Key Metrics
$434M
Portfolio NAV 1
21%
Average Rent Growth
2,145
Total Units Acquired
1 Net Asset Value of Fund I properties
10,000+
UNITS
$1.1B+
TRANSACTIONS
100% PROFITABLE
TRACK RECORD
Proven Performance
We are multifamily specialists with a 100% profitable track record, investing over $350M of equity across $1.1B+ in total transactions. With over 100 years of combined experience, our acquisitions and asset management teams have closed on over $6.4B in transactions and managed portfolios valued in excess of $4.4B.
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