Real estate development executive Michael Johnson has launched Raamp REIT (Real estate Asset Acquisition Management Portfolio), Arizona’s first exclusively multifamily real estate crowdfunding platform and asset management company.
Structured as a REIT with a minimum investment of $2,500, the fund is open to nearly all investors and offers the potential for consistent cash dividends and equity appreciation.
The fund intends to invest in commercial real estate with a specific eye on multifamily. All rents are guaranteed by the Housing Authority of Maricopa County. Through this program, Johnson has become the state of Arizona’s largest subsidy rental partner.
In addition to providing the need for adequate and affordable housing for those who are less fortunate, this fund is also designed to have low fees for investors. By of
