Gain Access to Passive Investments in High-Performance Real Estate
At Genard Company, we are passionate about real estate in all its iterations. We believe that the world of real estate should be simplified. That’s why we provide any and all services you may need within the sphere of real estate and development in one convenient place. To learn more about all the services we offer, click here, or explore our navigation menu at the top of this page.
Invest With Us
Red Oak Real Estate Fund I, LP (“The Fund”) has the ability to raise up to $5,000,000 in LP equity, with a minimum target raise of $3,100,000. In June of 2023, the Fund completed the initial closing of $1,195,000 of LP equity and is currently aiming to secure, at minimum, an additional $1,905,000 in LP equity. The equity from the initial closing was used to acquire 100% of ROC MGT, LLC (“the Company”), pay down current liabilities and provide operating capital for renovations. The $1,905,000 raised in the subsequent closing will fully capitalize the Company and provide the dry powder necessary to complete the stabilization of the remainder of Single-Family Rentals (“SFR”) owned by the Company.
The target site is Jefferson Inn & Suites, situated on Jefferson Highway in Jefferson, LA. The property occupies approximately 0.82 acres and consists of four separate buildings, totaling around 29,775 square feet. The site is strategically located between Ochsner Hospital, which is about 1.2 miles or 4 minutes away, and Elmwood Shopping Center, roughly 2 miles or 6 minutes away. The former hotel on the site was built in 1990. It features three residential multi-family structures with stick-frame construction, masonry exterior walls, and pitched shingle roofs. The front building, facing Jefferson Highway, is constructed with metal/steel stud framing, metal panel exterior walls, and a metal roof. A corner lot at the intersection of Jefferson and Shrewsbury was recently purchased.
At Genard Company, we are passionate about historical architecture, something that shines through all of our builds. Our effort in each of our construction projects is to maintain the true essence of a home and it’s surrounding area as opposed to changing the landscape. We think traditional southern style is something to be preserved. Come, join us, in our journey through history.
Genard Companies
Genard Company is more than a construction and development company. We offer a full range of real estate services including acquisition, financing packages, construction, property sales, and property management. We take pride in being able to consider ourselves a true full-service, vertically integrated real estate company.
