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These specialty funds are structured as collective trust funds and require investors to be a qualified retirement plan. ERECT Fund I is a mortgage fund and ERECT Fund II is a fund that participates in the ownership of real estate. They invest in union-built or refurbished buildings to create jobs for the union building and construction trades. The ERECT Funds have investors in Pennsylvania, Ohio and West Virginia and plan to expand into other states. The ERECT Funds have provided investors an excellent yield and portfolio diversification while creating more than two million hours of work for the trades.

This specialty fund was developed to accept investments from non-taxable funds, like Health and Welfare Funds, and Workers’ Compensation Funds that are not qualified retirement funds. This fund will be used in conjunction with the ERECT Funds to invest in union-built or refurbished buildings.

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These funds invest in mortgages or equity positions in buildings that have been built or refurbished using union labor. They are structured as collective trust funds and require investors to be retirement or other non-taxable funds. They provide competitive investment returns and portfolio diversification while creating jobs for the building and construction trades. The BUILD Fund has investors in Michigan and Indiana and plan to expand into other states.