Bluevale's second multi-family portfolio focuses on value-add opportunities across Canada and gives investors exposure to all projects. First phase of the Sapphire Fund II includes projects under contract in Edmonton, Alberta and Niagara Falls, Ontario.
This fund opens in September 2022 and will close upon acquiring $100M assets under management.
Annualized Targeted Gross Project Returns: 30%
Annualized Targeted Limited Parter Returns: 18%
Bluevale's first portfolio completed a total of 33 projects throughout Ontario, with notable projects in London and Cambridge. Projects consisted of single family homes and mixed-use properties.
This portfolio started in 2015 and the last project was completed in June 2022. Current assets under management are now $20.4M with an approximate $7.5M of economic value created.
Annualized Actual Gross Project Returns: 61%
Annualized Actual Limited Partner Returns: 31%
Looking for short-term, high-income generating investments?
Bluevale's short-term notes are flexible and can be tailored to your security and cash flow requirements. The investments will be used primarily to fund the capital deployments of our projects. Select from a range of options with interest rates higher than typical money markets.
Offerings include secured and unsecured. Interest rates are adjusted weekly.