Prana Growth Fund II LP

Prana Investments, a San Francisco-based company with over 30 years of experience, specializes in investing in rent-regulated housing in New York City and Los Angeles. With a value-add strategy, they aim to provide quality affordable housing for their tenants while delivering solid returns for their investors. Their extensive knowledge of the housing market in these cities is based on their ownership and management of over 650 properties, with a current portfolio of more than 125 properties.

Prana Investments focuses on underperforming properties that suffer from deferred maintenance and inefficient management. By addressing these issues, they improve the housing conditions for tenants, stabilize the properties, and increase their value. With an experienced team that has been together for over 20 years, Prana leverages their investment experience to revitalize existing properties through professional management and cost-effective improvements, without fundamentally altering the property's character or tenancy. Their strategy of acquiring occupied properties that do not require significant redevelopment or change in tenancy reduces risks for investors and allows for solid returns.

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