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A diversified portfolio of cash flowing multifamily assets in growing Midwest markets.
A diversified portfolio of cash flowing multifamily assets in growing Midwest markets.
Invest with confidence to create tax-efficient cash flow up to 10% annually (A Units) or upside targeting 4X (B Units). Combine A and B units to create a tailored risk and return profile designed to achieve your goals.
Click the button below to learn more about The Gray Fund.
Invest with confidence to create tax-efficient cash flow up to 10% annually (A Units) or upside targeting 4X (B Units). Combine A and B units to create a tailored risk and return profile designed to achieve your goals.
Click the button below to learn more about The Gray Fund.
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The Gray Fund is centered around the dynamic investment strategy that Gray Capital has successfully used to acquire over 10,000 multifamily apartment units providing a 30% average return (IRR) to investors since launching in 2015.
Now is the time
to invest in apartments
- Lack of development over the last decade has lead to a record supply and demand imbalance for housing
- Single-family homes are out of reach to many, increasing the demand for rental housing
- Downsizing baby-boomers are renting for flexibility
- Would-be homebuyers and downsizing baby boomers drive up apartment demand
- Incredible tax benefits including tax-sheltered income
- Apartments are the best risk-adjusted hedge against inflation
- Apartments have proven to be recession resilient
- Global search for yield will keep cap rates low
- Insulated from stock market and geo-political risk
- Ability to force appreciation and increase returns
- Economies of scale compared to single-family homes and duplexes
- Stable stream of income from cash-flowing apartment assets
Fund criteria
- Value-Add and Core Plus Strategies
- Primary Investment Region: Midwest, USA
- Growing Secondary/Tertiary Markets
- 100+ Unit Properties
- 1980-2022 Vintage
- Stabilized A/B-Class Assets
- Market Rate Multifamily Properties
- 7-10 Properties
- 75% Average Loan to Value
Fund Terms and Structure
The structure of the Gray Fund, which includes income-focused Class A units and growth-oriented Class B Units, allows investors to create a risk/return profile that meets their specific investment goals.
- 5-10 Year Term (Close-Ended)
- $100M Targeted Equity
- Dual-Class Structure for Individualized Risk Profiles
- 7%** or 10%* Preferred Return, Distributed Monthly
- 18-25% Target IRR**
- $100k Min. Investment First 6 Months of Fundraise
- $250k Min. Investment After 6 Months
- 80/20 LP/GP Split, 60/40 After an 18% IRR **
- Below-Market Fees
*Class A Units; **Class B Units
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