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The Brass Real Estate Fund Management Group provides value-added opportunities to our investor partners. The Group sources investment opportunities, creates value through our return enhancement operations and harvests that value through an established exit strategy put in place at the time of property acquisition. The Brass Real Estate Fund Management Group offers co-investor partnership opportunities to our clients.
Brass Real Estate Funds are the vehicles through which private and institutional clients invest in Real Estate. All Brass Funds are serviced by the Magi Group of Real Estate Service Companies. Each fund is a Limited Partnership of which Rick Rodriguez is General Partner.
Brass Income Funds
The income funds are designed to mitigate real estate investment risk by acquiring income producing assets, which provide a substantial rate of return on equity at the time of acquisition.
Brass Growth Funds
Brass Growth Funds invest in Real Estate that will have a substantial increase in value through development of property. These funds do not provide a current return and usually have construction and market risk. The higher risks in these funds are justified by the potential for higher returns. For more information, please contact Brass Funds
"I have known Rick Rodriguez for eighteen years and am involved as a limited partner with him for real estate
development transactions. In my opinion, Rick is a very astute real estate professional and he has been honest and
forthright in all dealings. Communications with Rick and his companies are excellent and he has carried through on
his obligations and promises. He is a person to be trusted."
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Charles A. Japhet, Law Offices of Charles A. Japhet
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"I have had a successful banking relationship with Rick, MAGI and Brass Funds in my capacity as commercial
real estate banker with Bank One. Rick and his companies and partnerships have performed as agreed on all the
outstanding facilities that he has with Bank One. Rick's companies and partnerships have multiple facilities and
depository relationships with Bank One that multiple millions of dollars."
Andrew M. Ozuna, Assistant VP Real Estate Lending
Bank One, San Antonio, TX.
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"I worked with Mr. Rodriguez on nine private activity bond transactions totaling more than $100 million.
These were properties with occupancy by renters with mixed incomes as the tax-exempt financing had a
requirement for 20 percent
low income occupancy."
"Mr. Rodriguez was a principal in the Exchange Building, a former office building in downtown San Antonio that was converted into
multi-family housing and commercial space on the first floor. The transaction involved mixed financing, including tax-exempt finan
cing with private activity bonds issued by the SAHFC, funds from the San Antonio Housing Trust and the CDBG Program, and an investme
nt by the City of San Antonio."
Apolonio (Nono) Flores, past President and CEO
San Antonio Housing Authority (SAHA)
San Antonio Housing Finance Corporation (SAHFC)
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"Compass Bank enjoys our working relationship with Magi and looks forward to working with them on future projects." "Magi has performed as agreed with the credit facility they have in place at Compass Bank."
Keith Mulkey, Asst. VP of Commercial Lending
Compass Bank, San Antonio, Texas.
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