Frequently Asked Questions

Founded in 1984. Ikaron Haor Group is different by Design. We are owned by the People who Own our Funds, which makes us unique in the Industry. We are Your Partners, focusing on Long-Term Results and Helping More People to Experience Financial Well-Being.

We utilize the Wealth of Experience from Our Leadership and Team of Experts to Invest in the Right Opportunities at the Right Markets while Operating on a Global Scale.

Ikaron Haor Real Estate Fund is a Real Estate Investment and Development company that focuses on an opportunistic strategy. 

Our main Group, Ikaron Haor Group has participated in both new construction & value-add opportunities. Ikaron Haor Group’s current portfolio consists of Build to Rent (BTR) communities, self-storage facilities, multifamily, mixed-use developments, and selected short-term vacation rentals throughout three Continents. 

The Ikaron Haor Real Estate Fund Team possesses 206+ years of combined real estate investment and development experience. 

The fund is an open-ended Fund that Will Invest in Residential and Commercial Real Estate projects throughout the Southeast of United States. 

Our team manages the lifecycle of each project which includes site selection, entitlements, land development, construction management, asset management, and disposition. 

Ikaron Haor Real Estate Fund has an initial Target Raise of $25 million, and it will go up in increments of $25 million up to $150 million when oversubscribed.

The Fund has two share classes:

• Class B Shares: Minimum Investment of $250,000
• Class C Shares: Minimum INvestment of $25,000

For both classes of shares, the Fund has a minimum holding period of three (3) years from the date of sale.

We are Raising Capital from Accredited Investors (accreditation is verified), Institutions, and Foreign Investors.

An Accredited Investor is anyone who meets one of the following criteria: earned income that exceeded $200,000 (or $300,000 joint income with a spouse) in each of the prior two years and reasonably expects the same for the current year.

An Institutional Investor is defined as a company or organization that invests money on behalf of clients or members.

A Foreign Investor means a physical person that is a citizen of a foreign country, or a legal entity founded according to the laws of a foreign country, which directly or indirectly seeks to carry out or is carrying out an investment in the United States.

Annual Distributions: The Ikaron Haor Real Estate Fund will distribute 7 to 8% annually, beginning at the end of Year 1.

Distributions will be paid out on a quarterly basis. Investors can expect to receive their first distribution at the end of the quarter following the end of year 1.

Investor Internal Rate of Return (IRR): after the three year holding period, the investor can expect to achieve an IRR of 25% in year four.

The Net Asset Value of a Fund is the Assets of a Fund less the Liabilities of a Fund. It represents the Net Value or Net Worth of the Fund and/or the Net Value of the issued shares to Investors.

Net Asset Value is calculated by taking the Total Value of an Asset minus any outstanding Debt and the Cost of any fixed or planned capital expenses.

The NAV calculation is important because Asset Values drive the Current and Future Investor levels of Returns. 

Over time, the value of the Fund portfolio will increase substantially, primarily due to land appreciation, entitlements, and unlocking value through development.

The NAV will be updated and calculated quarterly after the end of year one. The NAV will be calculated and verified by a third party independent accounting firm.

The Fund will provide the following reports after breaking ground on the first development:

• quarterly operating reports;
• approved annual business plan;
• annual financial statements;
• quarterly NAV calculation (after the end of year one).