ABOUT US

STRAQR Investment Funds are managed by Strategic Advisors LLC, a Fund Manager, which was founded in April 2009.  The Fund Manager is operated by Rick Sullivan and Kurt Hunter, both members of the General Partnership.  Other members who assist in an advisory capacity are Douglas S. Brown, L.B. Eckelkamp, Jr., and Kenneth Suelthaus.  The Funds have invested more than $200 million in the purchase and improvement of more than 3000 apartments and 3200 residential building lots to date.  

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STRAQR Fund I was established in 2009 with the sole focus of purchasing distressed residential land from builders, banks and the FDIC.  The Fund deployed approximately $17.5 million to purchase developed residential building lots in the St. Louis, Missouri region.

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STRAQR Fund II was launched in 2011 with a similar, yet expanded, focus to Fund I.  The Fund deployed $23 million to purchase fully and partially developed residential lots and acreage platted for residential development in addition to 70 apartments and 7 townhomes. 

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STRAQR Fund III was established in 2013 with a more diverse residential focus primarily targeting mismanaged, distressed, or undercapitalized apartment properties.  Fund III invested $57 million in the purchase and renovation of 1100 apartments as well as 125 single family residential building lots and nearly 200 condominium lots in Missouri, Illinois, Indiana, and Ohio.   

STRAQR Fund IV was launched in 2018 with a similar focus to Fund III.  Fund IV has invested approximately $64 million to purchase and renovate nearly 1100 apartments and 200 single family residential building lots in Missouri, Indiana, Kentucky, Kansas, and Oklahoma.

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STRAQR Funds V and VI opened to investment in August 2021 and closed to investment March 31, 2022.  Funds V and VI collectively raised $48.6 million and plan to invest more than $190 million in the purchase and improvement of primarily Midwest multi-family apartment properties.

Fund V targets apartment properties with more stable cash flows to allow improvements to be made to the property over time without the need for substantial capital infusions for renovations from the Fund.  This Fund has a longer-term focus on an individual asset basis than the other apartment Funds and will seek to distribute cash to investors through refinance as the market value of the assets grow through improvement and appreciation.  Fund V has invested $25 million to date in the purchase and improvement 365 apartments.    

Fund VI targets mismanaged, distressed, or undercapitalized apartment properties throughout the Midwest similar to Funds III and IV.  The Fund will have expected ownership periods on an individual asset basis of 2-5 years.    Fund VI has invested approximately $17 million to date in the purchase and improvement of 317 apartments, 64 fully and partially developed single family residential lots, as well as a partnership to develop single family residential building lots in Missouri.