Real estate represents a significant portion of most people's wealth, this is especially true for many homeowners in the United States. The average American has nearly one-third of his or her net worth tied up in real estate, translating into a valuation of nearly $20 trillion dollars for the entire market.
Tight credit and other external factors stemming from the financial crisis has directly contributed to more consumers having unfavorable credit; today, more than 23 million consumers are left out of the housing market making it essentially impossible for them to own an apartment, condominium or single-family home.
To worsen matters, homeownership is at the lowest (64.4%) in a long time in the United States; for low and moderate-income wage earners, tighter mortgage-lending requirements continue to shut them out of the home buying process. Likewise, Northeast Capital Fund II is committed to the revitalization and stabilization of low and moderate-income communities, not just in the U.S. but globally. By acquiring undervalued real estate assets and restoring them back to their original value for sell, NCF II’s loan products we will help low and moderate- income home buyers build wealth like never before.
NCF II’s real estate development team has over 90 years of combined experience in the development of real estate projects. Our team of developers specialize in delivering stellar products that do not currently exist in a market; each project goes through the three stages involved in the life cycle of a development project- pre-development, construction and operation.
Real Estate Development Services
Stick build from ground upRenovate existing properties back to their original valueConstruct prefab structuresBuild residential and commercial container structuresBuild residential and commercial properties'