Illinois, USA, September 25, 2022, ZEXPRWIRE, The ProActive Realty Income Fund has demonstrated the true return on investment in the affordable housing movement. dr Canaan Van Williams, CEO of ProActive Realty Group, employs a deft combination of what Sam Zell called the “grave dancer” approach to real estate investing, along with an Oprah Winfrey-style dedication to “finding a way of service.” . Through active engagement in the communities in which they invest and a hands-on approach to property management, Dr. Williams and ProActive Realty Group’s team of housing professionals have delivered significant returns for investors, creating affordable and safe housing opportunities for low-income families and single parents. From August 2019 to date, the ProActive Realty Income Fund has delivered investors an impressive nearly $3 million in returns, and despite the difficult economic conditions caused by the pandemic, they have never missed a preferred payment.
A ProActive Realty Group success story
The work of dr. Van Williams and ProActive Realty Group in Orangeburg, South Carolina is a shining example for those who believe in the effectiveness of impact investing in distressed real estate and the affordable housing movement. In November 2018, the ProActive team purchased a $1.2 million prefab home park that was just weeks away from conviction. Through personal commitment and determination, they transformed it into a safe and welcoming residential community with 186 developed residential areas. which was sold in August 2022 for $5.2 million to UMH Properties, Inc., a public-venture REIT that owns and operates 132 completed residential communities containing approximately 25,000 developed residential properties. The purchase of a redeveloped property in an opportunity zone by a public company is a rare occurrence.
dr Van Williams discussed what enabled ProActive Realty Group to achieve such success for investors and residents…
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