(Atlanta, Georgia) – November 1, 2019 – To continue the momentum from Equity Estates Funds I, II, and III, CEO and Founder, Philip Mekelburg announced the launch of Equity Estates Fund IV, LLC (“Fund IV”) – an alternative investment offered through a private placement.
Founded in 2006, Equity Estates has raised and deployed more than $125 million toward the purchase of luxury vacation homes around the world. These homes are owned and enjoyed by investors across Equity Estates Funds I, II, and III.
Now, Fund IV is slated to raise approximately $50 million and acquire up to twelve vacation residences in the range of $2 million to $5 million each. These homes will be located in the most coveted destinations including beach, mountain, metropolitan, and leisure settings. Investors enjoy the dual benefits of vacationing in these beautiful homes while participating in the appreciation upon the sale of properties in Fund IV, ten years later. Plus, investors in Fund IV will have privileged access to the entire curated portfolio of more than 60 destinations in 25 countries around the globe.
“With Equity Estates Fund IV we’re targeting a handful of new destinations and adding more properties to our portfolio in existing destinations that are popular with the current investor groups. I look forward to buying properties during a timeframe that may turn out to be a softened luxury marketplace.” says Mekelburg. “In addition, we have our eyes on in-home technology upgrades to enhance the vacation experience for our investors and to provide more detail about local hotspots at the touch of a button. We will eventually roll this out to all our accommodations across the board.”