Blackoak Capital, Cushman & Wakefield launch $100 million fund to assist SDA shortage
Blackoak Capital announced the launch of Lumenate SDA Investment Trust II (“the Fund”), which will deploy $100 million into the construction of new Specialist Disability Accommodation (SDA) for National Disability Insurance Scheme (NDIS) participants.
$100 million deal to build much-needed specialist disability accommodation
As part of the joint venture, CrowdProperty, Social Impact Funds Management (SIFM), and NDISP will create a wholesale fund with no maximum investment limit into new SDA builds.