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The BUILD Fund of Indiana is an open-end commingled
real estate fund that provides Union Labor and Management
trusteed pension funds the opportunity to diversify
their existing stock and bond portfolios with to-be-built
institutional quality real estate projects located in
their jurisdictions and constructed with 100% union
labor.
The BUILD Fund of Indiana began operations during
the 3rd quarter of 2001.
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as of 6/30/2008 |
Net of
Fees |
Trailing 4 Quarters (compounded) |
Gross of Fees |
Trailing 4 Quarters (compounded) |
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1.13%
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5.32%
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1.41%
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6.53%
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-0.21%
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4.28%
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-0.21% |
4.28%
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0.92%
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9.77%
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1.20%
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11.02%
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Carmel,
IN
A 28,000 square foot multi-tenant executive office building.
BUILD Fund Mezzanine Debt Amount: 1,260,000
Total Project Cost: 4,640,032
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Indianapolis,
IN
186-unit( Phase I) of a market rate apartment project
BUILD Fund Equity Investment Amount: 2,600,000
Total Project Cost: 12,900,000
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Warsaw,
IN
13,000 sq. ft. medical office bldg. designed to support hospital's outpatient cancer treatment program
BUILD Fund Participating Mortgage Amount: 2,150,000
Total Project Cost: 2,380,000
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Goshen,
IN
Rehabilitation of an existing industrial building 100% pre-leased to MetalDyne.
BUILD Fund Equity Investment Amount: 2,225,000
Total Project Cost: 9,125,000
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Noblesville,
IN
25,600 sqft. multi-tenant office/flex building located in an existing office park.
BUILD Fund Participating Mortgage Amount: 3,260,000
Total Project Cost: 3,591,000
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West Lafayette,
IN
A 104 room Hilton Garden Inn located in the new retail/entertainment development known as Wabash Landing.
BUILD Fund Equity Investment Amount: 2,650,000
Total Project Cost: 9,500,000
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The LMFA Team
