Finally, an investment that's right for union funds and other
The Employee Real Estate Construction Trust Funds (“The
ERECT Funds”) are commingled real estate investments that
provide qualified retirement plans the opportunity to diversify
their existing stock and bond portfolios with a range of solid
commercial and industrial real estate. For over a decade, The
ERECT Funds have provided secure investments with competitive
rates of return in real estate projects.
The ERECT Funds invest in to-be-built projects or rehabilitation projects using only contractors or subcontractors that are signatories to a collective bargaining agreement recognized by the local Building and Construction Trades Council and the Area Regional District Council of Carpenters; therefore, increasing the construction market share for union labor.
The ERECT Funds have become highly visible as a catalyst for
regional economic development in Western Pennsylvania, Eastern
Ohio and West Virginia. The Funds’ objective is to participate
in projects from the geographical areas represented by our investors,
providing numerous and on-going benefits to all of our investors.
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