Employee Real Estate Construction Trust Funds (ERECT Funds)
Finally, an investment that's right for union funds and other tax-exempt entities!
The Employee Real Estate Construction Trust Funds (“The ERECT Funds”) are 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 ongoing benefits to all of our investors.
Contact ERECT Funds for personal assistance at (800) 837-2265 ext. 334
PenTrust Real Estate Advisory Services, Inc.
333 Baldwin Road
Pittsburgh, PA 15205
Phone: (412) 279-4100
Fax: (412) 279-8199