Big River Real Estate Fund, LLC was launched in February 2012 and filled out its commitments in less than 120 days. It was a real estate private equity fund focused on stabilized commercial real estate assets.  Fund No. 1 had capital commitments from 24 members, one-third of which came from three principal investors; the remaining balance came from known and trusted sources.  Fund No. 1 utilized Big River Real Estate’s platform to source, analyze, and purchase quality commercial real estate investments in the upper Midwest region.  Big River Real Estate served as property manager for all Fund No. 1 assets.

Results

Fund No. 1 was composed of five assets in the Minneapolis/St. Paul metropolitan statistical area (MSA) at its peak.  Two of the buildings were retail assets and three light industrial assets.  All the assets were sold in 2017 and 2018 in order to fully realize investment returns. Fund No. 1 returns for our private investors, family offices and high net worth clients exceeded projections by more than 50% and outpaced asset returns with similar risk profiles by a wide margin.  Please contact us for more detail on Fund No. 1 returns.

Big River Real Estate Fund II, LLC was closed to additional investors in July 2015.  It filled out its commitments in less than one hundred fifty days.  It is a real estate private equity fund focused on stabilized commercial real estate assets.  Fund No. 2 had capital commitments from 28 members, all known and trusted sources.  Fund No. 2 utilized Big River Real Estate’s platform to source, analyze and purchase quality commercial real estate investments in the upper Midwest region.  Big River Real Estate has managed and continues to manage all Fund No. 2 assets internally.

Results
At its peak, Fund No. 2 was composed of six light industrial assets totaling approximately 315,000 square feet.  As of January 2024, Fund No. 2 holds four assets, having sold two assets to fully realize returns on those assets.  Cash-on-cash returns are in the mid-teens on a percentage basis and the remaining assets are fully stabilized and about 40 tenants provide the income stream that service its debts and from which distributions to its members flow.  Fund No. 2 returns for our private investors have been more than double the projected returns, and above market on a risk-adjusted basis.  Please contact us for more detail on Fund No. 2 returns.

Big River Real Estate Fund III, LLC was structured to have two closings, the first in Fall 2018 and the second in Summer 2019. It was oversubscribed twice, and adjustments were made to fairly meet investor demand.  It is a real estate private equity fund focused on stabilized commercial real estate assets, mostly in the industrial space.  Fund No. 3 had capital commitments from 52 members, all known and trusted sources.  Fund No. 3 is more than double the equity commitments of Fund No. 2.  After doubling money in about 5 years, most Fund No. 1 investors rolled their principal and gains into Fund No. 3.  Fund No. 3 again utilized Big River Real Estate’s platform to source, analyze and purchase quality commercial real estate investments in the upper Midwest region.  At present, Big River Real Estate manages all Fund No. 3 assets internally in order to achieve the pick-up in margin for its financial partners. 

Results

At its peak, Fund No. 3 was composed of seven light industrial assets totaling approximately 350,000 square feet in the Twin Cities metropolitan area, and an investment in a motel/RV park in Jackson, Wyoming.  As of January 2024, Fund No. 3 holds seven assets, having sold one asset in January 2023 in order to fully realize return.  Cash-on-cash returns are in the high single digits as projected and have been stable since inception.  Fund No. 3 returns for our private investors have significantly outpaced the projected returns, and are above market on a risk-adjusted basis.  Please contact us for more detail on Fund No. 3 returns.

Our current investment vehicle as of January 2024 is Big River Real Estate Fund IV, LLC.  Similar to our third investment fund, “Fund No. 4” was structured to have two closings about one year apart.  It was oversubscribed twice, and adjustments were made to fairly meet investor demand.  It is a real estate private equity fund focused on stabilized commercial real estate assets, mostly in the industrial space.  Fund No. 4 had capital commitments from 62 members, all known and trusted sources.  Fund No. 4 is more than 1.5 times the equity commitments of Fund No. 3.