Ways to Invest |
Joint Venture Opportunity Fund
Joint Venture Opportunity Fund
A closed-end strategy to capture emerging opportunities in today's multifamily investment market.
Fund Details
Fund Type
Closed-end sidecar vehicle to participate in select vintage opportunities
Asset Type & Markets
Existing US multifamily, value-add and opportunistic. Western US focused.
Investment Strategy
Exploit opportunities of emerging market disruption and capital dislocation
Acquire multifamily assets in low-supply markets
Execute value-add business plans and exit opportunistically
Target Return
14-16% internal rate of return (IRR); see the Virtú performance track record here
Target Dividend
4-5% annually upon stabilization; distributed quarterly
Target Use of Leverage
Not to exceed 65% portfolio level
Fund Openings
Commitments queued quarterly