Happy New Year and welcome to the JID Investments LLC (JIDI) 2021 Year-End Newsletter. It’s been a challenging year given the impacts of COVID-19 and economic recession, but JIDI continues to thrive. Some highlights from 2021 include:
- 40 new investors joined our company (170 total)
- We have eight current projects and total assets under management exceed $26M
- Construction completed on Peninsula 88 in June and investors began receiving distributions in November. Project close-out in 2nd Quarter 2022.
- Construction of Rialto continues to go well and should be complete in early 2022
- New investments in residential and industrial projects
- JIDI launched its first Opportunity Zone fund
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