Charlotte, North Carolina

Investments

Monument Multifamily Investors Fund

Monument Multifamily Investors Fund (MMI) was the first fund under Monument Capital Management’s sponsorship.  Launched in 2013, the Fund acquired more than 2,700 workforce housing units across the U.S. totaling $123 million in value. Focusing on key markets in South Carolina, North Carolina, Maryland, Texas, Georgia and Florida, the Fund generated a gross IRR of over 40% upon closing in 2018.

Fund Properties

Country Club – 454 Units
Location: Charlotte, NC
Purchase Amount: $12,250,000

Forest View – 158 Units
Location: Baytown, TX
Purchase Amount: $4,900,000

Milbrook Pointe – 377 Units
Location: Augusta, GA
Purchase Amount: $10,500,000

La Esencia – 296 Units
Location: Houston, TX
Purchase Amount: $7,700,000

Casa De Luna – 214 Units
Location: Raleigh, NC
Purchase Amount: $8,000,000

The Park at Monument Terrace – 144 Units
Location: Temple Terrace, FL
Purchase Amount: $5,300,000

Sutton Place – 201 Units
Location: Corpus Christi, TX
Purchase Amount: $10,000,000

Forest Village – 410 Units
Location: Suitland, MD
Purchase Amount: $31,430,000

Shadyside Gardens – 349 Units
Location: Suitland, MD
Purchase Amount: $27,000,000

Hampton Forest – 130 Units
Location: Greenville, SC
Purchase Amount: $5,425,000