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Real Estate - NOVEMBER 13, 2019

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Equity Estates launches luxury residence investment

by Andrea Zander

To continue the momentum from Equity Estates Funds I, II, and III, CEO and founder Philip Mekelburg announced the launch of Equity Estates Fund IV, an alternative investment offered through a private placement.

Founded in 2006, Equity Estates has raised and deployed more than $125 million toward the purchase of luxury vacation homes around the world. These homes are owned and enjoyed by investors across Equity Estates Funds I, II, and III.

Fund IV is slated to raise approximately $50 million and acquire up to 12 vacation residences from $2 million to $5 million each. These homes will be located in the most coveted destinations, including beach, mountain, metropolitan and leisure settings. Investors enjoy the dual benefits of vacationing in these beautiful homes while participating in the appreciation upon the sale of properties in Fund IV, 10 years later. Plus, investors in Fund IV will have privileged access to the entire curated portfolio of more than 60 destinations

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