The Ameritus Real Estate Fund will provide investors with access to multiple office properties within Illinois for just a $5,000 minimum investment.
Chicago, IL (PRWEB) October 06, 2015
Real estate crowdfunding platform PeerRealty announced today that it is now accepting investments from accredited investors interested in investing in the Ameritus Real Estate Fund. The fund is operated by Ameritus LLC, a Chicago-based real estate investment management company, and intends to co-invest with joint venture partners to make investments in office, industrial, market-rate apartment, and retail properties located in greater Chicago and Southeast Wisconsin.
“My goal in founding PeerRealty was to give retail investors the opportunity to diversify their portfolios into real estate by investing directly into large-scale commercial properties with top developers,” says PeerRealty CEO Jordan Fishfeld. “The Ameritus Real Estate Fund will allow investors to benefit from even more diversification, giving them access to multiple office properties within Illinois for just a $5,000 minimum investment.”
Investors now have the opportunity to invest in a fund that has already acquired over a half-dozen office properties in Chicago’s River North, West Loop and North Shore submarkets. The fund has acquired the properties located at 213 W. Institute Place, a 150,000 square foot creative loft office building in Chicago’s River North, and 549 W. Randolph, a 100,000 square foot creative loft office building in Chicago's West Loop. The fund has also acquired a 340,000 square foot portfolio of six single story office and flex industrial assets along Chicago’s North Shore, including assets in Skokie, Wilmette, Des Plaines, Northfield, Northbrook and Bannockburn, Illinois. Additionally, the fund has acquired a 30-car parking lot adjacent to 213 W. Institute Place as a bolt-on acquisition to increase value and footprint.
On Thursday, October 8, 2015, PeerRealty will hold a webinar for investors interested in learning more about the offering. Ameritus principals Bert Scherb and Ben Nummy will join PeerRealty Head of Investments Jeff Rothbart to discuss the fundamentals behind the Ameritus Real Estate Fund, including investment financials and sponsor and market information. Investors interested in joining the webinar can register here.
PeerRealty.com is a streamlined, online portal that allows any accredited investor to participate in high-quality real estate deals. A strong team and advisers with institutional backgrounds review and select deals. The leadership team has over 30 years of experience in the real estate industry, and includes M.B.A.’s from Northwestern University’s Kellogg School of Management, the University of Chicago Booth School of Business, and the University of Miami (FL), along with J.D.’s from the University of Chicago Law School and the University of Miami (FL). For more information on PeerRealty and this offering, visit PeerRealty.com.
About Ameritus LLC
Ameritus LLC is a Chicago based real estate investment management company that provides investment, management, leasing, and construction services for its own account and third party clients. The firm was founded in 1999 by Bert and Jeb Scherb. Known for its innovative renovations of office, retail, and industrial properties, the firm is a past recipient of BOMA’s TOBY Award. For more information on Ameritus LLC and its projects, visit AskAmeritus.com.