Happy New Year and welcome to the JID Investments LLC (JIDI) 2020 Annual Newsletter. It’s been a challenging year given the impacts of COVID-19 and economic recession, but JIDI continues to thrive. Some highlights from 2020 include:
- 40 new investors joined our company (170 total)
- We have six current projects and total assets under management exceed $25M
- Construction completed on Peninsula 88 in June and investors began receiving distributions in November. Project close-out in 3rd QTR 2021.
- Construction of Rialto continues to go well and should be complete in early 2021
- Completion and exit of Deerbrook and Chimneys
- New investments in residential and industrial projects
- JIDI launched its first Opportunity Zone fund
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