You don't invest in a project. You invest in NWI.
The NWI Momentum Fund is designed to provide investors with diversified exposure to real estate opportunities across Northwest Indiana and Southwest Michigan. The fund focuses on a mix of value-add, redevelopment, and ground-up development opportunities, supported by NWI Development Group’s regional experience, local relationships, and active development pipeline.

- Now Open
NWI Momentum Fund II
NWI Momentum Fund II is a follow-on investment vehicle formed to pursue value-add and development real estate opportunities across Northwest Indiana and Southwest Michigan, in markets where NWI has established experience, local relationships, and a strong understanding of regional growth drivers.
Target annual return, net to investors
Preferred return before the split
Minimum investment commitment
Fund term, plus two one-year extensions
- Value-add acquisitions
- Land development
- Ground-up development
- Adaptive reuse
- Property repositioning
- Strategic sale or long-term hold opportunities
Northwest Indiana and Southwest Michigan continue to benefit from their proximity to Chicago, ongoing infrastructure investment, strong tourism, relative affordability, and continued residential and business growth. NWI Development Group has spent years developing, operating, and investing across these communities, providing Fund II with a local perspective on where opportunities are emerging and how they can be thoughtfully pursued.
- Fund II · Open
NW Indiana & SW Michigan
16% to 18%
$200,000
8 yrs + two 1-yr extensions
- Closed
NWI Momentum Fund I
NWI Momentum Fund I was formed to pursue real estate opportunities throughout Northwest Indiana and Southwest Michigan, with a focus on projects where active development, repositioning, and hands-on management could create long-term value. The fund supported investments across residential, mixed-use, adaptive reuse, hospitality, commercial real estate, and land development, establishing the foundation for NWI Development Group’s continued investment activity across the region.
- Regional investment focus across Northwest Indiana and Southwest Michigan.
- Diversified experience across residential, commercial, mixed-use, hospitality, adaptive reuse, and land development.
- Hands-on involvement through planning, development, construction, leasing, operations, and asset management.
- Established the foundation for NWI Momentum Fund II and the continued growth of NWI Development Group's regional portfolio.
Representative projects
The Banc
Historic adaptive reuse of the former Bank Calumet headquarters in Downtown Hammond into apartments, event space, and commercial uses.
100 Anchor Road
Industrial and commercial asset in Michigan City featuring flexible warehouse and office space.
IN the Dunes National Park Lodging
Hospitality and preservation initiative creating distinctive lodging opportunities connected to Indiana Dunes National Park.
The Cornerstone
Repositioning of the historic former Masonic Temple in Downtown Michigan City for active commercial use and future adaptive reuse.
Strategic Land Banking Initiatives
Targeted land acquisitions positioned for future development opportunities throughout Northwest Indiana.
Request the fund overview
Share your details and a member of the NWI investment team will follow up with the Fund II materials.