The Philadelphia-based property development company GSP REI (610-357-2330) now welcomes accredited investors from all over the country to invest in their income fund.
-- GSP REI has recently announced an investment opportunity going toward building workforce housing in areas with high demand for employees like healthcare workers, teachers, and police officers but with a low supply of affordable living.
Additional details about the 506(c) fund can be found here: https://gsprei.com/current-offerings/
The real estate investor and developer works on a vertically integrated business structure with an in-house team of contractors, property and asset managers. This model allows the company to keep costs low and meet tight deadlines, enabling profitable redevelopment of distressed and value-add properties while providing affordable housing options.
“We achieve high returns on invested capital by acquiring land and properties below market value through diverse sources such as direct-to-owner marketing, Government-Sponsored Enterprises, local real estate professionals, and financial institutions,” a company spokesperson said.
According to the Pew Research Center, 69% of Americans in a recent survey said that they were very concerned about housing costs, up 8% from a year before. Affordable housing is defined as a household that doesn’t spend more than 30% of its income on housing, and those above that limit are considered cost-burdened. In 2023, a third of Americans were considered cost-burdened, with renters being most affected by rising costs.
To become an investor in GSP REI’s 506(c) residential investment funds, the SEC requires a $1 million net worth excluding primary residence, a $200,000 income as a single household or $300,000 combined with a spouse. Depending on the minimum term and investment chosen, the fund offers fixed rate returns between 10% - 12% annually, distributed monthly, with an option to compound returns.
An investor shared their testimonial: "I have been invested with GSP since the fund was first available to accredited investors. GSP has spotted a unique corner of the Real Estate investment world to invest in and their strategy appears to be working reliably."
To learn more about the company, please visit: https://gsprei.com/
About GSP REI
The management team at GSP REI has a combined 80 years of industry experience. The company’s management team has managed over 4,000 single-family properties, invested in over $500 million in single-family assets, and managing more than 800 single-family rentals.
Those interested can book a call for more details at: https://gsprei.com/contact/
Disclaimer:
This is not an offer; offers are made only through the Regulation D Offering Documents available on GSP REI’s website and are for accredited investors only. Investing involves risk, and past performance is not indicative of future results; GSP REI recommends consulting with a financial professional before making any investment decision.
Contact Info:
Name: Peter Neill
Email: Send Email
Organization: GSP REI
Address: 851 Duportail Rd 2nd Floor, Chesterbrook, PA 19087, United States
Website: https://gsprei.com/
Source: NewsNetwork
Release ID: 89151865
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