PRAXIS Launches Fourth Single Family Home ‘Buy to Rent’ Fund

Share Article

Praxis Capital, LLC announces the opening of its latest real estate investment fund; PCL Income and Appreciation Fund IV, LP. This new fund will be targeting entry level residential properties in select Northern California markets to yield monthly cash flow coupled with attractive future appreciation.

Single Family Rental Homes
...opportunity to own part of a diverse portfolio of rental homes ...without the hassle of dealing with 'toilets and tenants'.

Praxis Capital was one of the early pioneers in the creation of the Single Family "Buy to Rent" (BTR) as an institutional asset class. PCL Income & Appreciation Fund IV is the fourth in a series of “Buy to Rent” funds that Praxis has offered to its investors. The previous three funds have been closed and the portfolio properties are fully rented. “The level of interest is incredible,” say Bob Dreher, Director of Investor Relations. “Most investors a drawn by the opportunity to own part of a diverse portfolio of rental homes purchased at a discount throughout Northern California without the hassle of dealing with ‘toilets and tenants’.”

Praxis continues to be one of the largest buyers of distressed residential properties throughout 12 counties in Northern California. In addition to the ‘Buy to Rent’ strategy, Praxis also employs a ‘Buy to Sell’ strategy. The legacy fund, MED&G Group Fund, now closed to new investors, delivered an annual return to investors of *34.53% utilizing this buy and resell strategy. In addition to the two single family strategies, Praxis also purchases Multifamily properties in major growth regions.

Capitalizing on the comprehensive market analysis and management expertise for which Praxis is known, the firm is confident that market conditions are ripe for taking advantage of the near term pause in the market. Brian Burke, fund manager, explains, “As a result of the recent temporary correction to the market, we have identified a ‘window of opportunity’ to acquire another portfolio of rental homes before continuing its upward trajectory. We are buying homes at cap rates and discount to market which we haven’t seen since early in 2013.”

*Past returns may not be indicative of future performance

To learn more about this investment, accredited investors or advisors may contact Bob Dreher at bob(at)praxcap(dot)com or 707.703.4500.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Bob Dreher
Visit website