In transferred equity for every $1 million invested
Founded in 2018, Blackstar is a Black-owned and -led real estate investment management firm that is investing capital focused on supporting and preserving homeownership, housing stability, and wealth building for low- and moderate-income homeowners.
Blackstar helps borrowers refinance out of predatory home loans that charge high interest rates and preclude borrowers from owning their homes. Their fund acquires pools of these loans and converts them into traditional mortgages or equitable contracts for deeds, enabling borrowers to build equity as homeowners.
The Social Finance team was thoughtful and committed in their due diligence in a way that was atypical in the world of fund investing. Their investment and support led us to secure commitments from other investors and helped us to reach our target fund size and maximize our impact. Since their investment, the Social Finance team has been a thought partner and has contributed to the advancement of our work beyond their allocation of capital.
All information is provided for informational purposes only and does not constitute, and should not be construed or used as an offer to sell, or a solicitation of any offer to buy, interest or shares in the fund described above. No offer or solicitation may be made prior to the delivery offering documents, which will contain additional information including disclosures relating to risk factors and conflicts of interest. If you have any questions, please contact Social Finance at info@socialfinance.org.
Photo courtesy of Blackstar Stability Distressed Debt Fund
![An aerial image of a suburban neighborhood.](https://socialfinance.org/wp-content/uploads/2023/05/blackstar-img-1000x750.jpg")
