Humphreys Capital, a leading real estate investment company headquartered in Oklahoma City, announced the Humphreys Real Estate Income Fund (“HREIF”) has reopened to accredited investors.
Since its formation in 2012, the fund has focused on diversification across multifamily, industrial, office and retail sectors in high-growth cities across the Southeastern and Southwestern United States.
“We believe gateway markets like New York City, San Francisco and Chicago present limited upside potential over the near term,” said Humphreys Capital President Grant Humphreys. “Our target cities, including Denver, Dallas, and Raleigh, have been among the fastest-growing urban economies in the country. By focusing on these markets, we’ve been able to create solid value and strong risk-adjusted return for our investors.”
The fund has a portfolio of 71 properties across 15 states, valued at over $670 million. Investors in the fund have experienced a 13.6% net internal rate of return (IRR) since inception, with dividends declared annually and paid monthly.
“We’re grateful to have provided our investors a consistent return on investment in 2020,” said Humphreys. “This year has been volatile for everyone, but our diligence in applying a principled approach to real estate investing has sustained the fund’s success.”
The annual offering will remain open until sold out or June 30, 2021. The minimum initial investment for the fund is $500,000.
For information on Humphreys Real Estate Income Fund, please contact:
Managing Director, Investor Relations
Past performance is not indicative of future results. The information provided is for informational purposes only and should not be considered investment advice or a recommendation or solicitation of an offer to invest in any fund or security, including Humphreys Real Estate Income Fund (“the fund”).
There are a number of risks associated with real estate investing. In addition, there are a number of risks associated with investing in the fund, and those risks are outlined in the fund’s private placement memorandum which should be read carefully and used as the offering document for any consideration of an investment in the fund.
The fund’s net internal rate of return (“IRR”) is an annualized return calculated with the sum and timing of investors’ capital contributions and distributions to investors net of management fees, fund expenses, and manager’s return using a terminal value as of 12/31/2020.
About Humphreys Capital
Humphreys Capital is a real estate investment company that acquires, develops and operates income-producing, multi-sector properties including industrial, multifamily, office and retail. The firm’s investment and development focus is on dynamic cities exhibiting diverse growth across the Southeastern and Southwestern United States, where it specializes in privately negotiated off-market, mid-size deals of institutional quality. The multigenerational team, which has more than 170 years of combined experience, provides seasoned expertise and exposure to diversified commercial real estate for accredited and institutional investors. The firm has raised more than $400 million since inception across three funds. Visit www.humphreyscapital.com for more information.