A Company You Can Trust.
For more than 20 years, our focus has been on residential single-family and commercial multi-family real estate investments that have transformed distressed communities and “Created Family Wealth” in Affordable Housing, produced tax-advantaged opportunities for investors, provided good returns, consistently growing profits for the company, and have been active in a variety of community organizations.
But more than anything else, we have built TRUST with our investors and their families.
CURRENT OFFERINGS
- Varsity Apartments: 100 unit
- 100 Units, Class-A Mixed Use Multifamily,
in Portsmouth, VA’s NEW “Entertainment District” - Minimum Investment: $50,000
- Return: 10% Preferred Return
- Target IRR: 12% to 20%
- Hold: 3 to 5 years
Our Story
The Company, Our First Multifamily Deal a 300-Unit - Autumn Lakes Apartments, The Freedman’s Bank of 1865 Funds
For over twenty years, the company has focused on investing and transforming distressed and new construction residential and commercial real estate projects that have benefited the families, the community, the investors, and our company.
The company’s first multifamily deal, a 300-unit multifamily apartment community in Newport News, VA Autumn Lakes Apartments, was completed with partners Community Investment Group, a 3-year project completed in 18 months:
Raised: $4 Million for CapEX (Construction budget)
Offered investors: 100% return in 3-5 years,
Completed a 3-year construction in 18 months,
Appraised: $50 Million, now $57 Million,
Refi: completed a Cash Out Refi of $31 Million,
Investors: paid them $8 Million on their $4 Million in 22 months.
Currently invested in over 1,215 Units in large commercial multifamily communities in Virginia and North Carolina, with many in the “Affordable Housing” space. Positioned for growth in luxury Class A and B levels of multifamily mixed-use housing and other sectors of real estate.
We think of investors in new markets like “Franchise Owners”. There are plans to scale and grow into 37 markets in the United States. See the Investing/ The Freedman’s Bank page for details on becoming a Franchise or Market owner investor.
What makes Affinity Capital different?
Three Things.
First, our VALUES of Family, Integrity, Communications, and Trust. The goals of your family and ours.
Second, our TEAM is connected to accredited investor networks, and resources in the commercial
property acquisitions arena who think out of the box. Third, we are CLOSERS.
Uniquely, we have EXCLUSIVE relationships that provide a pipeline of real estate opportunities to fuel our growth well beyond a billion-dollar asset valuation.
