Eephus Capital July Newsletter

Recent Acquisitions:

• Silvan Townhomes

  • Location: Maple Grove, MN

  • Units: 47

    
    

Website Link

Current Offering:

• Village Apartments

  • Location: Forest Lake, MN

  • Units: 252

  • We're currently accepting reservations for this project, offering annual returns ranging between 16-19%.

    
    

    Click the button to view the offering in the deal room:

    
    

Deal Room

Closing is scheduled for mid-August.

These acquisitions are strategically aligned with our goals, strengthening our presence in high-growth markets and delivering promising returns for our investors.

Market Update - U.S. Economy:

Over the past 30 days, the U.S. economy has navigated through significant challenges:

Economic Growth and Inflation:

• GDP growth is expected to dip below 1% in the coming quarters due to persistent concerns over inflation and high interest rates (Mercatus Center, Conference Board).

  
  

Employment and Consumer Spending:

• May saw a notable increase in job creation with 272,000 new jobs added, lowering the unemployment rate to 4.0% (Baltimore Washington Financial Advisors). However, sustained consumer spending remains a challenge (Deloitte Insights).

  
  

Trade Deficit and Financial Markets:

• The trade deficit widened significantly to $74.6 billion in April, underscoring ongoing trade challenges (U.S. Bureau of Economic Analysis). While the stock market hit highs, certain sectors lagged behind (Baltimore Washington Financial Advisors).

  
  

Geopolitical Risks and Future Outlook:

• Geopolitical tensions and inflation concerns, particularly in Ukraine and the Middle East, continue to impact global stability (Deloitte Insights, IFM Investors). Despite challenges, potential interest rate adjustments may bolster consumer confidence in the latter half of 2024 (Deloitte Insights).

  
  

Real Estate Market Growth:

• Minneapolis leads as the most sought-after city for renters, with a 20% surge in May rental activity ([RentCafe](RentCafe Website Link)). The Midwest continues to witness robust rental demand and growth, highlighting regional market strengths.

  
  

We're committed to navigating these dynamics and delivering value through strategic investments. Your partnership fuels our mission to capitalize on emerging opportunities in the multi-family real estate sector.

Feel free to share your thoughts and feedback. Together, we're shaping the future of Eephus Capital.