Foxcode Real Estate launched a new private real estate investment fund that is expected to raise $50 million and will take advantage of depressed real estate prices due to the current market environment.
The fund’s founders – Dr. Robert Willis, Fred Dupuy, Sean Quinn and Phil Cicio - are long-tenured industry executives who have played crucial roles in advising partners throughout many complex real estate and structured financing transactions across various market cycles.
Their experience encompasses a range of real estate restructuring and financing matters, including assessment, acquisition, development, management, operations, and exit strategies.
The fund’s goal is to take advantage of the current buyer’s market in commercial, multi-family real estate by acquiring cash flowing properties at below market values, producing high current income for investors, and realizing capital appreciation for investors through appreciation of underlying properties.
