Edina Diamond Fund
View our current & recent re-developed lots in Edina. To inquire about a lot, fill out the form below.
6016 Oaklawn – Sold
5820 Oaklawn – Sold
6017 Concord Ave – Under Construction
5832 St. Johns – Sold
4509 Oxford Ave – Under Construction
5821 Ashcroft – Pending
5904 Wooddale Ave – Sold
5832 Fairfax Ave – Under Construction
6108 Chowen Ave – Under Construction
5933 Ashcroft Ave – Available Lots
4624 Concord Terrace – Available Lots
Overview
The Edina Diamond Fund is a focused residential development fund targeting high-end new construction opportunities in Edina’s most desirable neighborhoods. Raich Companies has a proven track record building and selling luxury homes in this market with strong absorption and margins.
Capital will be deployed into:
- Ground-up luxury home construction
- Select lot acquisitions
- Strategic redevelopment opportunities
Status: Open for Investment
Asset Type: Luxury Spec Home Development
Location: Edina, Minnesota
Target Raise: $5,000,000
Minimum Investment: $100,000 (flexible for strategic partners)
Projected Hold: 12–24 months
Target IRR: 15–22%
Preferred Return: 8%
Investment Highlights
- Experienced local development team with deep Edina presence
- Targeting premium markets with strong resale demand
- Short duration projects with defined exit strategies
- Investor-first capital structure with preferred return
Use of Funds
- Construction costs
- Carry and project expenses
- Sales and marketing
Investor Distributions
- 8% preferred return
- Profit participation above pref
- Projected distributions at home sales or project completion
Connect Now – Request Investor Documents
Please fill out the form below to request the full investor deck, financial model, and subscription documents.
We treat your money as if it is our own.
Current Investment Opportunities
Our portfolio features a diverse array of properties, each contributing long-term value to their respective communities. From custom luxury homes in Edina to comfort plus residences in Blaine, we provide a comprehensive range of options to meet all your needs.
Request information
Our investment opportunities are continuously changing! Please book a call, or complete the form below to receive information about our investment opportunities.
