AVASA Fund II, led by sponsor AVASA Partners, LLC seeks to develop up to five projects in Arizona, Colorado and Carolinas. The first project is a 284- unit ground up multi-family project in the high growth Phoenix suburb of Casa Grande, named Solace at Casa Grande Crossings. Seed projects in the fund are approved and under site control. The fund is intended as a long term hold with a refinance occurring in Year 3–4 to return as much capital as possible to investors, currently projected about 50%. With a significant investment from the sponsors in the fund, relatively low leverage, and minimal fees, AVASA Fund II offers an outstanding, risk-hedged, development fund investment opportunity with a proven developer.