(Atlanta, Georgia) – January 14, 2025 – Equity Estates announced the launch of Equity Estates Fund VII, LLC (“Fund VII”) a new $70 million opportunity for investors to own and enjoy luxury vacation home real estate. Founded in 2006, Equity Estates is a Luxury Residence Fund, an alternative investment offered via private placement to accredited investors.
Fund VII plans to acquire twelve multi-million-dollar vacation homes in the most popular destinations worldwide. A typical Equity Estates residence is in sought-after beach, mountain, leisure, or city destinations. Target destinations for Fund VII include Deer Valley UT, Turks and Caicos, Hawaii, London, Naples FL, Palm Beach FL, Saint Barthélemy, Jackson WY, Wine Country CA, Mexico, and more to complement the portfolios of affiliated Equity Estates funds. Each Fund VII residence will cost between $3.5 and $6.5 million. Liquidation of Fund VII is targeted for 2036, and the distribution waterfall will provide the lion’s share of appreciation to investors – after 100% of investors’ initial capital is returned – assuming the properties appreciate as expected.
Philip Mekelburg, CEO and Founder of Equity Estates, shared, “Since our inception nearly 20 years ago, Equity Estates has raised and deployed over $300 million. We are thankful to the investors who continue to trust us to manage these valuable assets while making cherished memories to last a lifetime. Our real estate team is already focused on key destinations, and we plan to announce our first Fund VII property acquisition in the coming months.”
With a guaranteed path to liquidity and strict corporate governance, Fund VII is an attractive option for accredited investors seeking to bring more meaningful returns on capital and life.
