Investing in commercial real estate ventures just got easier for individual investors thanks to the vision of Quattro Development, an Oak Brook firm that has delivered numerous projects for more than 65 notable clients such as AT&T and Starbucks. Quattro Development executives Mike Liyeos and Rob Walters recently announced the creation of an investment fund open to individuals who wish to become equity investors.
The Quattro Growth Fund, LLC aims to bring friends and family investors closer to the profitable development activities of the company. The traditional business model utilized by Quattro Development has largely consisted of conducting market research and tapping connections to find projects that were later presented to investors. With this new investment fund, the business model is different because the capital is being raised upfront.
Instead of shopping a project or a deal to a pool of equity investors who can tap into substantial sources of funding, the Quattro Growth Fund is open to family investors and friends of the firm. The inspiration to establish this fund came from individuals who inquired about how the company worked with outside investors. Since the inquiries were made by relatives, friends, and associates of Quattro’s executive team, it made perfect sense to set up an investment fund to this effect.
It didn’t take long for the Quattro Growth Fund to exceed its initial goals. Walters and Liyeos expected to raise between $5 and $10 million upon launch; this projection was exceeded with an $11 million funding round, and the capital has already been put to work in a retrofit Arizona project secured by a firm lease commitment with a private school.
Original source to learn more: https://www.manta.com/c/mtmjl7w/quattro-development