Resonance launched its new homelessness property fund, to help meet the increasing demand of those who are homeless or at risk of homelessness.
The fund works by acquiring properties and leasing them to housing sector and homelessness charities.
A multi-disciplinary team at WBD advised Resonance on the project, led by partner Barry Stimpson who provided key funds expertise.
The National Homelessness Property fund 2 (NHPF2 or the fund) has an initial investment of 20 million and a target fund size of 50- 100 million.
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