realestate

Family Office Offers Club Deals in Real Estate

by

March 20, 2012

A former partner of Capricorn Investment Group, the family office established by eBay founder Jeff Skoll, which recently invested in social network metrics startup Yammer, has launched a new investment club aimed at helping family offices invest together directly in commercial real estate. It’s an alternative for families that would have traditionally invested in property funds or even those who might have gone it alone, according to a report in CampdenFO.

The founder of the club says this is a new model that involves finding investments, doing due diligence and conducting negotiations, as well as managing and developing it for sustainability profit. It says it can do this for less than half the cost of traditional funds.

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