Maybe you missed the announcement from the Securities & Exchange Commission (S.E.C.) last week regarding its plan to modify the formal (and clearly outdated) definition of an "Accredited Investor" (Press Release HERE). We just wanted to briefly highlight the details, why the sudden change, and what it means for private real estate investors.
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We manage investments on behalf of our investors, specifically in real estate development, rehab, and construction. We also invest occasionally in small private operating companies.
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