GRO FUND III
Unlock Capital Appreciation and Long-term Wealth Creation
$100K
Minimum Investment
18% IRR
Target Return
5-7 Years
Hold Period
Built for income. Positioned for long-term growth.
Gro Fund III gives accredited investors targeted exposure to a segment of the real estate market that is difficult to access directly: stable, income-producing assets in resilient Midwest growth metros.
The Fund combines new Class A multifamily developments, locally built single-family rental communities, and stabilized industrial and office assets into a single, risk-balanced portfolio.
Frequently Asked Questions
What is Gro Fund III’s investment strategy?
Gro Fund III is a diversified private real estate fund designed to generate stable income and long-term value. The Fund targets stable, income-producing assets in resilient Midwest growth markets, combining Class A multifamily developments, locally built single-family rental communities, and stabilized industrial and office assets into a single, risk-balanced portfolio.
How is the portfolio allocated across asset types?
The Fund is intentionally diversified across complementary asset classes to balance income, appreciation, and risk across market cycles. Approximately 65 percent of the portfolio is allocated to Class A multifamily developments that serve as the core cash flow engine. An additional 20 percent is allocated to build-to-rent single-family communities, providing flexibility and long-term appreciation potential. The remaining 15 percent is invested in stabilized industrial or office assets, offering steady income and inflation protection.
What is the target return profile and hold period?
Gro Fund III is targeting an 18 percent internal rate of return with an estimated 2.1x multiple on invested capital over a projected 5 to 7 year hold period. These targets are based on underwriting assumptions and market conditions and are not guarantees.
Who is eligible to invest and what is the minimum investment?
Gro Fund III is available exclusively to accredited investors. The minimum investment is $100,000.
How does Gro manage risk and maintain alignment with investors?
All assets in Gro Fund III are sourced, developed, and operated by Gro’s vertically integrated team. This structure enhances control, execution discipline, and transparency. Gro also co-invests alongside its investors and earns performance-based compensation, ensuring alignment of interests and a shared focus on long-term outcomes.
How and when is capital deployed?
Capital calls are expected to occur in March of 2026.
What tax considerations should investors expect?
Gro Fund III is structured as a K-1 investment, allowing investors to benefit from depreciation and other tax advantages commonly associated with private real estate ownership. Individual tax outcomes will vary based on each investor’s situation.