|Founded in 1997, LRF is a New York-based hedge fund investing in real estate.
LRF investors are primarily institutional money managers, investment bankers and other private investors.
LRF is among the first American investors to foresee the potential of the Latvian market.
To date, LRF has invested in excess of $3 million of equity in three projects:
|Terbatas Nams, a mixed-use building on one of Riga’s main pedestrian shopping streets, where LRF plans to sell apartments to local yuppies
|Vilandes Nams, an elegant 1910 Jugendstil building consisting of 46 unique flats and commercial spaces
|Strelnieku 7, a parking lot at the foot of Alberta street. The property is already sold.|