Local Real Estate Titans Launch New Fund
FOR IMMEDIATE RELEASE
Clifton, NJ. – May 31, 2017– New Jersey real estate titans, Gerald Lucas & Fuquan Bilal recently launched NNG Capital Fund, a new real estate fund that gives accredited, passive investors unique access to a diversified hybrid portfolio of mortgage notes and residential real estate at very attractive annual yields.
NNG Capital Fund acquires pools of mortgages nationwide and residential property located in five northern New Jersey counties. Both Fuquan Bilal and Gerald Lucas have previous real estate fund experience and almost thirty-five years of combined residential real estate experience.
NNG Capital Fund’s unique hybrid investing approach targeting both mortgage notes and residential real estate increases the fund’s liquidity and flexibility, provides a buffer and a hedge against market uncertainty and facilitates more alternatives to buy, sell and restructure the Fund’s mortgage debt and real estate portfolio to maximize profitability.
Visit the Links Below for More Information:
Accredited Investors: http://www.nationalnotegroup.com/invest/accredited-investor
Real Estate: http://nationalnotegroup.com/invest/real-estate
Mortgage Notes: http://nationalnotegroup.com/invest/note-buyers
NNG Capital Fund Principal Biographies:
Fuquan Bilal, the Company’s Manager and CEO, has 17 years of experience both in residential real estate as well as the distressed residential real estate note industry. Fuquan has successfully managed three private mortgage note funds that primarily invest in single-family residential real estate debt (notes) related to single-family residential real estate. Fuquan’s private note fund portfolios consist of non-performing and re-performing residential mortgage loans. Fuquan’s extensive real estate and mortgage note experience includes successfully managing a portfolio of 150 properties.
Gerald Lucas, the Company’s President, is a landlord, investor, licensed Realtor and internationally recognized real estate expert. Since purchasing his first property in 2000, Gerald has bought, sold, owned and managed condos, single & multi-family homes and apartment complexes. Gerald has successfully negotiated hundreds of real estate short sales and is the author of “Short Sale Specifics”. Gerald’s previous fund experience includes being Chief Investment Officer of US Masters Residential Property Fund REIT, where he developed the property investment strategy, hired the initial team of professionals, raised over $100 million to invest in residential property and oversaw the first $20 million of all property acquisitions.