• Dr. Van Williams, CPEP

NES Financial to Administer Private Equity Fund for ProActive Realty Income Fund

NES Financial, a JTC Company (LON: JTC), announced today that it has contracted to provide its purpose-built Private Equity Fund Administration Solution to Proactive Realty Income Fund, LLC — a Chicago-based, African-American led Private Equity Impact Fund that specializes in real estate asset acquisition, renovation, stabilization, and active management.

At a time where large institutional groups are pledging billions to invest in bridging the wealth gap in African-American communities across the U.S., the Proactive Realty Income Fund is focused on undervalued, stabilized, and value-add properties to provide affordable housing to distressed areas in Illinois, Ohio, Tennessee, and Michigan. With a focus on apartments and mobile home parks, the Fund provides affordable housing to its renters and access to affordable homeownership with options to buy a manufactured home at one of its mobile home parks.

Read More

14 views0 comments