June 2022 Update
10 Years of Consecutive Monthly Distributions
This month marks ten years of consecutive monthly distributions to investors in Humphreys Real Estate Income Fund (HREIF). That decade-long consistency has been enabled by the diversified portfolio of real estate that we have carefully assembled over the last ten years. Today investors are looking for yield, and an investment in a private real estate fund like HREIF can be that solution in your portfolio. If you would like to learn more about our distributions, contact our Investor Relations team.
Booming Commercial Real Estate Market In DFW
The U.S. commercial real estate investment volume increased 55.6% year over year in Q1 of 2022 reaching $170.8 billion according to Newmark's Q1 U.S. capital markets report. Sun Belt markets were major contributors to the increase in total sales volume over the quarter, surpassing the 2007 peak.
Dallas led all U.S. markets with an investment volume of $12.6 billion, a 119% increase year over year according to the Commercial Observer. Dallas and other Sun Belt markets are continuing to outpace gateway markets like New York, Los Angeles, and Miami.
Since 2012, HREIF has invested in 28 properties in DFW. If you want to learn more about our target markets, our Investor Relations team would be happy to get in contact with you.
New HREIF Acquisition in South Carolina
We’re excited to announce another HREIF investment: a 132-unit multifamily development in Spartanburg, S.C. The property will be visible along Union Street and Mary Black Foundation Rail Trail and will provide quality luxury living to the community later this year.
Why Spartanburg?
- Home to seven colleges and universities
- Surging development and job market
- BMW plant and headquarters
- Population growth outpacing the national average
If you would like to learn about this acquisition, someone on our Investor Relations team would be happy to speak with you.