The 100 Mile Fund is an open-ended private investment vehicle that was established in October of 2011. The Fund originates and purchases mortgages, as well as makes investments in real estate and businesses in the New York, New Jersey, Pennsylvania, and Connecticut areas. Investments are generally within 100 miles of the New York City area. The 100 Mile Fund is a REIT and provides investors with the tax benefits under current tax statutes.
Real Estate Investment Trust
12.53% ANNUALIZED RETURN
SINCE INCEPTION OCTOBER 2011
HIGHLIGHT DEALS
$18,500,000
Total Loan
Offering Type
B Note
Asset Type
Mixed-Use
Strategy
Construction
Structure
Participation
$39,000,000
Total Loan
Offering Type
B Note
Asset Type
Mixed-use
Strategy
Construction
Structure
Participation
$39,850,000
Total Loan
Offering Type
Senior Debt
Asset Type
Mixed-Use
Strategy
Construction
Structure
Participation
12.53% ANNUALIZED RETURN
We pride ourselves on complete transparency, even letting investors into our weekly portfolio review meetings. We report on our earnings and portfolio quarterly. To top that, we also show our investors the Fund Manager’s financials… the only fund manager we know who does this.
$841+ MILLION ORIGINATED
Thirty-nine years of contacts bring us deals most competitors never see. We keep close relationships with our clients many of whom are past customers, dating as far back as the 80’s.
$547+ MILLION REPAID
Unlike a lot of our competitors, we only operate one fund, so the best deals don’t get “cherry-picked.” Any deal that fits the 100 Mile Fund’s profile, goes in the 100 Mile Fund portfolio and it is the only investment vehicle our founder invests in.
News
Englewood Cliffs, NJ – (AUGUST 21, 2020) – New Jersey-based commercial real estate lender, Procida Funding, announced today…
Top Ten Reasons To Invest In Procida Funding LLC’s 100 Mile Fund: A Real Estate Investment Trust
1) Unique Deal Flow Thirty-nine years of contacts bring us deals most competitors never see. We keep close…
Procida Funding Provides a $39,850,000 Construction Loan to Repeat Client In Carteret
Carteret, NJ- (October 8, 2020) – New Jersey based commercial real estate lender, Procida Funding, announced today it…
Procida Funding, announced today it provided a $39,000,000 Construction Loan
Englewood Cliffs, NJ- (December 3, 2019) – New Jersey based commercial real estate lender, Procida Funding, announced today…