SDS Capital Group And Vintage Realty Announce First Close For American South Real Estate Fund II

 SDS Capital Group And Vintage Realty Announce First Close For American South Real Estate Fund II

LOS ANGELES, July 15, 2021 /PRNewswire/ — The management of the American South Real Estate Fund II (ASREF II) Fund, an impact fund focused on revitalizing distressed communities of color throughout the South, today announced the $28 million close of initial funding to support their launch of the American South Real Estate Fund II (ASREF II). This Fund will invest in ten Southern states: Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. 

ASREF II seeks to follow the successful impact investment strategy of American South Real Estate Fund I (ASREF I), which was launched by American South Fund Management, LLC (ASFM), a partnership formed six years ago by Los Angeles-based SDS Capital Group and Vintage Realty Company of Shreveport, LA.

The first close of ASREF II, at $28 million total, includes Bank of the Ozarks, Cadence Bank, and Texas Capital Bank.

“We are proud…

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