Why Propel Opportunity Fund?

The Socially Responsible Fund

Propel has a unique value proposition and is known as the “Socially Responsible Fund.” The fund is poised to do well for the investors and good for the communities. Propel uses a grassroots approach to ensure community buy-in and that key stakeholders are in full support of the investment.

Undeserved communities pose many challenges, but also provide significant investment opportunities. Propel Opportunity Fund is focused on long-term investments that provide a strong, consistent return on investment while fulfilling our social purpose of rehabilitating undeserved neighborhoods.

We seek to maximize return on investment, minimize risk, and make a positive difference within the communities we serve.  This three-pronged approach requires creativity and specific know-how that Propel Opportunity Fund’s founders and team are uniquely qualified to provide.  In addition to thoroughly vetting each investment and carefully managing projects for financial success, with each investment we seek to minimize displacement, create jobs (where possible), and develop infrastructure that withstands the test of time.

Highly Qualified Investment Team

Propel Opportunity Fund is a new fund established in December 2018.  Although the fund does not yet have a track record, the Propel Investment Team has a strong track record of success dating back over 20 years.  A brief summary of experience for the team is as follows:

  • Real Estate Transactions:  $240 million+
  • Construction Projects:  $150 million+
  • Commercial Lending:  $1 billion+
  • Real Estate Asset Management:  $350 million+

IRR range for Stabilized Acquisitions:  9% – 57%*

Average IRR:  19%

*Includes acquisition of stabilized investments and land development projects.

The Opportunity Zones program offers three tax benefits for investing in designated communities through a Qualified Opportunity Fund (“QOF”):

  1. A temporary deferral of taxes on capital gains reinvested in a QOF.  Taxes can potentially be deferred through December 31, 2026.
  2. A step-up in basis for capital gains reinvested in a QOF. The basis is increased by 10% if the roll-over investment is held in the QOF for at least 5 years, and by an additional 5% if held for at least 7 years, thereby excluding up to 15% of the original gain from taxation.
  3. A permanent exclusion from federal taxes on capital gains created within the QOF, if the investment is held for at least 10 years (lesser taxable exclusions apply for shorter holding periods). This exclusion only applies to gains accrued during the term of the investment in a Qualified Opportunity Fund.

Let Us Help

Have questions? Call, or click on the button below to contact one of our friendly, knowledgeable fund specialists and to receive a copy of our Offering Memorandum so you can see whether Propel Opportunity Fund is the right fit for your investment portfolio. We look forward to speaking with you.

830 Mulberry Street, Macon, GA 31201
Phone: (770) 500-6013 | Email: invest@propelopfund.com