Patriot Holdings has launched a new alternative commercial real estate investment fund to acquire manufactured housing, self-storage and industrial facilities across the United States.
Patriot Fund II will seek to raise up to $25 million from investors to acquire, redevelop or construct these facilities. The vehicle will look to acquire off-market assets owned by non-institutional owners, located in stable or growing economies.
“Individuals who align with Patriot’s investment vision can invest for a minimum of $50,000,” said Jeremiah Boucher, founder of Patriot Holdings, in a statement. “They will own equity stakes in recession-resistant assets while benefiting from strong monthly cash flows, tax advantages, leverage, price appreciation and surging institutional demand for these asset classes.”
Patriot closed its first fund in the series with $15 million in May 2020. All of the capital for Fund I was deployed within 15 months. The firm expects many inv
