In the ever-evolving landscape of real estate development, adaptation and innovation are keys to success. Quattro Development, a respected name in the industry, is demonstrating its commitment to growth and inclusivity with the launch of the Quattro Growth Fund LLC. Founded in 2008, Quattro Development has expanded its reach to 31 states, working with notable clients such as Chipotle, Starbucks, and Mission BBQ.
Quattro Development’s journey began during the turbulent times of the Great Recession. Co-founders Michael Liyeos and Rob Walters faced the initial challenge of securing funding for their projects. Despite an unexpected setback when their equity partner faced bankruptcy, the duo displayed unwavering determination. They embarked on a quest to secure equity for ground-up real estate projects, ultimately finding a reliable partner who collaborated on 40 projects.
Fast forward to 2023, and Quattro Development is making waves in the industry with its Quattro Growth Fund LLC. This innovative fund invites friends and family to become part of Quattro’s real estate ventures, eliminating accreditation barriers and reducing capital requirements. The fund embodies Quattro’s ethos of sharing success with those who have supported them throughout their journey.
In 2023, raising capital for real estate projects in the United States has become increasingly challenging. A McKinsey & Company report highlights a 23% decrease in closed-end fundraising from the previous year, and banks are exercising caution in providing financing for such projects. This shifting landscape demands creative solutions, and Quattro Development is leading the charge.
Empowering Friends and Family: The Quattro Growth Fund Advantage
The Quattro Growth Fund empowers friends and family to collectively invest in Quattro Development’s projects, offering a more accessible entry point for those who may not have substantial capital readily available. This strategic shift allows Quattro Development to pre-finance projects, enhancing its responsiveness and competitive edge in a dynamic market.
Charting the Future: The Promise of the Quattro Growth Fund
While investments always carry risks, Quattro Development’s track record suggests a promising future for the Quattro Growth Fund. The fund aims to achieve returns that align with the success demonstrated throughout the co-founders’ development careers. The initial fundraising target of $5 million to $10 million was surpassed, with over $13 million raised. The fund’s first venture involves retrofitting a property in Arizona for Guidepost Montessori School, marking a milestone in this innovative financial journey.
As Quattro Development pioneers this progressive approach to real estate financing, it not only transforms its own trajectory but also opens doors for friends, family, and future investors. The Quattro Growth Fund embodies the spirit of adaptability and inclusion, reshaping the landscape of real estate development and investment.