Good Luck Fund Launches Real Estate Investment Vehicle in Inverness
What happened
Good Luck Fund has been established as a real estate investment vehicle by Chris Hulls. The fund aims to generate modest returns for qualified investors while preserving landmark buildings in Inverness. The fund has acquired the Old Western Saloon and the former Station House Café buildings, and it is currently closing a deal for the William Tell, a bar and hotel.
From ptreyeslight.com
Why it matters
The fund operates on a nonprofit/for-profit hybrid model. The fund acquires properties, renovates them into LLCs, and recruits tenants who are local businesses providing essential services. Returns for investors depend on the rental income generated by the properties.
From ptreyeslight.com
Who's involved
- Chris HullsFounder of the Good Luck Fund and principal behind the investment vehicle.
- JosiServes as the finance director for Good Luck.
- William TellThe subject of a pending business agreement with the fund.
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The entities involved
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Good Luck
football (soccer) club in Fort-de-France, Martinique
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Inverness
city in the Highlands of Scotland, United Kingdom
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Chris Hulls
American entrepreneur and business executive
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