Forum Investment Group Achieves 13.36% Net Return for Forum Real Estate Income Fund in 2024
Forum Investment Group announced strong performance for its Forum Real Estate Income Fund (FREIF) in 2024, achieving a 13.36% annualized net return for the F share class (FORFX). The fund, which focuses on institutional real estate debt investments, delivered a 9.82% total dividend yield for the F share class and distributed $0.2805 per share in Q4 2024.
The Fund maintains a $192.5 million net AUM diversified across private credit and institutional CMBS markets. Portfolio Manager Pat Brophy highlighted the team's expertise and diversified strategy as key drivers of the solid risk-adjusted returns, expressing confidence in the Fund's flexibility to adapt to market conditions in 2025.
Forum Investment Group ha annunciato una forte performance per il suo Forum Real Estate Income Fund (FREIF) nel 2024, conseguendo un 13,36% di rendimento netto annualizzato per la classe di azioni F (FORFX). Il fondo, che si concentra sugli investimenti in debito immobiliare istituzionale, ha fornito un 9,82% di rendimento totale da dividendi per la classe di azioni F e ha distribuito $0,2805 per azione nel quarto trimestre del 2024.
Il Fondo mantiene un AUM netto di $192,5 milioni diversificato tra i mercati del credito privato e delle CMBS istituzionali. Il Portfolio Manager Pat Brophy ha sottolineato l'expertise del team e la strategia diversificata come fattori chiave dei solidi rendimenti rettificati per il rischio, esprimendo fiducia nella flessibilità del Fondo di adattarsi alle condizioni di mercato nel 2025.
Forum Investment Group anunció un fuerte desempeño para su Forum Real Estate Income Fund (FREIF) en 2024, logrando un 13.36% de retorno neto anualizado para la clase de acciones F (FORFX). El fondo, que se enfoca en inversiones en deuda inmobiliaria institucional, entregó un 9.82% de rendimiento total por dividendos para la clase de acciones F y distribuyó $0.2805 por acción en el cuarto trimestre de 2024.
El Fondo mantiene un AUM neto de $192.5 millones diversificado en los mercados de crédito privado y CMBS institucionales. El gerente de cartera Pat Brophy destacó la experiencia del equipo y la estrategia diversificada como factores clave de los sólidos rendimientos ajustados por riesgo, expresando confianza en la flexibilidad del Fondo para adaptarse a las condiciones del mercado en 2025.
포럼 투자 그룹은 2024년 포럼 부동산 소득 펀드(FREIF)의 강력한 성과를 발표하며, F 주식 클래스(FORFX)에 대해 연 13.36%의 순수익률을 달성했다고 전했다. 이 펀드는 기관 부동산 채무 투자에 중점을 두고 있으며, F 주식 클래스에 대해 총 배당 수익률 9.82%을 기록하고 2024년 4분기 주당 $0.2805를 배당했다.
본 펀드는 $192.5 백만의 순 AUM을 유지하며, 민간 신용 및 기관 CMBS 시장에 분산 투자하고 있다. 포트폴리오 매니저 Pat Brophy는 팀의 전문성과 다양화된 전략이 견고한 위험 조정 수익의 주요 요인이라고 강조하며, 2025년 시장 상황에 맞춰 펀드의 유연성을 믿고 있다고 전했다.
Forum Investment Group a annoncé des performances solides pour son Forum Real Estate Income Fund (FREIF) en 2024, atteignant un rendement net annualisé de 13,36% pour la classe d'actions F (FORFX). Le fonds, qui se concentre sur les investissements en dette immobilière institutionnelle, a fourni un rendement total de dividende de 9,82% pour la classe d'actions F et a distribué 0,2805 $ par action au 4ème trimestre 2024.
Le Fonds maintient un AUM net de 192,5 millions de dollars diversifié entre le crédit privé et les marchés CMBS institutionnels. Le gestionnaire de portefeuille Pat Brophy a souligné l'expertise de l'équipe et la stratégie diversifiée comme des moteurs clés des rendements robustes ajustés au risque, exprimant sa confiance dans la flexibilité du Fonds pour s'adapter aux conditions de marché en 2025.
Forum Investment Group gab eine starke Leistung für seinen Forum Real Estate Income Fund (FREIF) im Jahr 2024 bekannt und erreichte eine annualisierte Netto-Rendite von 13,36% für die F-Anteile (FORFX). Der Fonds, der sich auf institutionelle Immobilienkreditinvestitionen konzentriert, erzielte eine 9,82% Gesamtdividende für die F-Anteile und verteilte im 4. Quartal 2024 $0,2805 pro Aktie.
Der Fonds verwaltet ein netto AUM von 192,5 Millionen USD, das diversifiziert in den Bereichen privater Kredit und institutionelle CMBS-Märkte ist. Portfoliomanager Pat Brophy hob die Expertise des Teams sowie die diversifizierte Strategie als zentrale Faktoren für die soliden risikoadjustierten Renditen hervor und äußerte Vertrauen in die Flexibilität des Fonds, sich an die Marktbedingungen im Jahr 2025 anzupassen.
- 13.36% annualized net return for F share class in 2024
- 9.82% total dividend yield for F share class in 2024
- $0.2805 per share distribution in Q4 2024
- $192.5M net AUM as of December 31, 2024
- None.
Insights
The Forum Real Estate Income Fund's 13.36% net return in 2024 stands out in the real estate debt sector, particularly given the challenging higher interest rate environment that characterized much of the year. The fund's performance demonstrates the resilience of well-managed real estate debt strategies and the advantages of institutional-quality investments.
The fund's 9.82% dividend yield is particularly noteworthy, as it provides substantial income generation in a market where quality yield opportunities remain scarce. The combination of high income and relatively low volatility typically associated with real estate debt investments presents an attractive value proposition for income-focused investors.
The fund's strategic positioning across both private credit and CMBS markets reveals several key strengths:
- Diversification benefits that help manage risk across different real estate debt instruments
- Flexibility to capitalize on opportunities in both private and public markets
- Access to institutional-quality investments typically unavailable to individual investors
The $192.5 million AUM indicates growing institutional acceptance while still maintaining a size that allows for nimble portfolio management and access to middle-market opportunities that larger funds might overlook. The fund's ability to distribute $0.2805 per share in Q4 2024 demonstrates consistent income generation capabilities.
The fund's performance suggests effective navigation of the real estate debt market complexities, particularly important given the sector's sensitivity to interest rate movements and credit conditions. The strategy's focus on high-income, low-volatility investments appears well-suited for the current market environment where quality income streams are highly valued.
Strategic Real Estate Debt Investments Continue to Drive Consistent Fund Performance
“Our team’s expertise and diversified strategy drove solid risk-adjusted returns in 2024,” said Pat Brophy, Portfolio Manager. “FREIF’s flexibility to pivot with market conditions positions us well for 2025.”
Since its launch in 2019, FREIF has steadily grown, offering a
Key Highlights:
- Tickers: FORFX, FORAX, FORBX
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13.36% net return (2024 F share class) -
9.82% annual dividend yield (2024) -
$192.5M
About Forum
Forum Investment Group (“Forum”) is a private real estate investment management firm specializing in the multifamily sector. With assets in over 20 states, Forum built a foundation specifically in development and has evolved into acquisition. In 2018, the firm established its investment management platform to offer institutions and financial intermediaries access to multifamily debt, private credit, and equity exposure. For more information, please visit ForumIG.com.
Click here for the most recent performance and other Fund information
Past performance is no guarantee of future returns. The Fund’s performance may be volatile, and the investment may involve a high degree of risk.
Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. Investors should read the prospectus and summary of additional information carefully with this and other information about the Fund. For additional information, please call 888-267-1456 or email InvestorRelations@forumcapadvisors.com.
Forum Real Estate Income Fund is a diversified, closed-end management investment company that continuously offers its shares of common stock (the “Shares”), and is operated as an “interval fund.”
There is currently no secondary market for its shares and the Fund does not expect any secondary market to develop for its shares. Accordingly, you may not be able to sell shares when and/or in the amount that you desire. Investors should consider shares of the Fund to be an illiquid investment.
Distributor: Foreside Fund Services, LLC
View source version on businesswire.com: https://www.businesswire.com/news/home/20250127575361/en/
Edward Lopez
Prosek Partners
Elopez@prosek.com
Source: Forum Investment Group
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