Open Fund

Calneva Workforce housing Fund I

Offering Size
$100,000,000
$50,000 Min. Investment
Project Returns
12.00-15.00% IRR
8.00% Cash-On-Cash
1.50-2.00x Equity Multiple
Hold Period
6-8 Years
Target Regions
Southern California
Nevada

Summary

Founded in 2011, Golden Bee Properties is a full-service real estate asset management firm that invests in workforce housing across Southern California and Southern Nevada. The firm invests in areas with strong job growth and specializes in working with housing assistance providers to meet the needs of today’s urban workforce.

With approximately $150 million of real estate currently under management along with the experience of another $100 million in assets that have gone full cycle, Golden Bee Properties has the breadth of experience required to work with global investors in placing their capital in some of the United States’ most dynamic metropolitan areas.
Founded in 2011, Golden Bee Properties is a full-service real estate asset management firm that invests in workforce housing across Southern California and Southern Nevada. The firm invests in areas with strong job growth and specializes in working with housing assistance providers to meet the needs of today’s urban workforce.

With approximately $150 million of real estate currently under management along with the experience of another $100 million in assets that have gone full cycle, Golden Bee Properties has the breadth of experience required to work with global investors in placing their capital in some of the United States’ most dynamic metropolitan areas.

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Founded in 2011, Golden Bee Properties is a full-service real estate asset management.

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Founded in 2011, Golden Bee Properties is a full-service real estate asset management.

Fund highlights

$100,000,000
Capital raised target number
12-18
Number of properties we aim to aquire of investment period
Risk-mitigated
Offering diversification with multiple assets
6.0%-8.0%
Cash-on-cash yield
12.0%-15.0%
Internal rate on return
1.5x-2.0x
Equity multiple

Key investment markets

Current fund investments