CHICAGO, July 11, 2020 /PRNewswire/ -- Building
AQuisition Partners United, LLC, a Regulation D 506© fund founded
by Tosin Oduwole and focused on
redeveloping urban areas, today announced their currently available
Phase 1 project, a $100,000,000
offering focused on the acquisition of roughly 400 commercial real
estate assets in the Chicago area.
This is currently the largest redevelopment endeavor that the city
of Chicago has experienced in over
three decades and it is sure to create positive ripples for the
city's future! The project is open to accredited investors
only.
The fund's focus is on buying "value-add" & stabilized
assets with the aim to rapidly upgrade them into the next asset
class through operational efficiencies that maximize monthly
cashflow and net returns. Ultimately, the goal is
the rebuilding of a community, making it a new haven for
economic activity, employment, healthy food, and
access to parks and recreation.
Building AQuisition Partners United, LLC also acquires partial
interests in funds among many asset classes. They have the ability
to offer liquidity to investors, and partner alongside fund
managers internationally. Although they typically seek mid-sized
assets around 100-200 Units, their ongoing focus is on multifamily
and commercial assets upwards of 300+ units and retail.
The fund also wishes to collaborate with the Chicago Neighborhood Initiatives Program,
through which they are able to apply for tax credits, state/federal
funding, and tax abatements to assist acquisitions and
development.
Chicago Neighborhood
Initiatives was formed in 2010 to coordinate resources,
economic development and neighborhood revitalization efforts in
Chicagoland's low-to-moderate income neighborhoods. Chicago Neighborhood Initiatives seeks to
revitalize neighborhoods and create jobs by assisting development
in high impact projects, providing financial resources to
entrepreneurs and sustaining long-term community partnerships.
About Building AQuisition Partners United, LLC
Building AQuisition Partners United is a Regulation D
506© fund founded by Tosin Oduwole,
an urban redeveloper bringing back the economic vibrancy of cities
around the country via the massive acquisition
and development of low, mid, and high-rise apartment
buildings & commercial real estate. BAP United has years of
experience in real estate development, commercial real estate
negotiation, real estate sales and property management. The
organization possesses a drive to redevelop communities that have
lost their luster and to bring them into 21st century
living, all while proving to be a safe place for ultra-high net
worth individuals to safely grow their capital. Tosin Oduwole can be contacted directly at
info@BAPUnited.com or +1-973-832-3036. www.BAPUnited.com.
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SOURCE Building AQuisition Partners United