Scott A. Chaplan, Esq., our Founder, Broker, Chief Executive Officer and Chairman, has been acquiring properties within California and beyond beginning in 1989. DRU’s California portfolio continues to perform nicely and grow methodically. We intend to develop select multi-family projects, continue with our ADU projects, expand our destination short term rental acquisitions and repositions and buy select single family assets as we always have for either retention within our portfolio as rentals or sale market dependent.
Patient, data driven acquisitions will continue for DRU, and the launch of our DRU Distressed Income Fund will both afford DRU the capital to manage volatile debt markets and rate risk as well as to afford institutional quality investments to a broad swath of investors through our Reg A, Tier II, $50,000,000.00 successive annual offerings.