All Forum Posts by: Daniel Kelly

Hi all,

We're pleased to announce that the due dilligence process on our Ameritus Real Estate Fund offering has been completed, and that the deal is now accepting investments.

This is an opportunity to invest in a sponsor co-invest fund that currently holds over a half-dozen office properties in Chicago’s River North, West Loop and North Shore markets. The fund is managed by a highly sophisticated institutional group, and offers significant value-add upside. The fund intends to employ a value add strategy of investing in cash-flowing assets that are not stabilized, and which offer significant upside through re-tenanting, physical enhancements, repositioning in the market, and/or financial restructuring.

Investment Financials

Projected IRR: 14-16%
Offering Size: $500,000
Total Transaction Size: $10,000,000
Underlying Security: Equity
Property Type: Value-add Office Fund
Term Length: 7 Years
Minimum Investment: $5,000

You can learn more about this offering at: https://peerrealty.com/investments/landing/ameritus-real-estate-fund

We're pleased to announce that the due dilligence process on our Village Pointe Commons offering has been completed, and that the deal is now accepting investments.

Village Pointe Commons will be a 227 unit senior housing campus in the village of Grafton, Wisconsin, located in the Milwaukee MSA. Village Pointe Commons will provide both independent apartments for active seniors, along with multiple levels of service to meet the needs of senior residents. The project’s construction began during the week of August 21, 2015, and is due for completion by early-to-mid 2017. Initial units are expected to be ready for occupancy by late 2016. The sponsor is making its own capital contribution of approximately $4.7 million, giving it a large equity stake in the project's success.

Over $4 million of this $5.2 million offering has already been committed, so if you're interested in participating in this deal, we encourage you to  complete your investment today.

Investment Financials

Projected IRR: 20-22% 

Offering Size: $5,200,000 

Underlying Security: Equity with Preferred Return and 1st Priority cash flow and capital distributions before developer’s and sponsor’s equity 

Property Type: Senior Housing (Independent Living + Assisted Living) 

Investment (Phase) Type: Development, New Construction

Term Length: Projected 4–5 years for return of capital investment; investment hold period in years 7-10 with put/call options to begin cash out in year 7

Minimum Investment: $5,000

To learn more about this offering, visit PeerRealty.com.

Our newest real estate crowdfunding offering is an opportunity to invest in the acquisition of Covington Plaza, a 182,866 square feet shopping center located within the desirable southwest retail corridor of Fort Wayne, Indiana. The site is anchored by Fresh Market (22,496 SF), along with a diverse mix of national and local tenants that include: Office Depot, Christopher James, Planet Fitness, Jophiel, Cap-N-Cork, Honey Baked Ham, Woodhouse Day Spa, and many others.

Key Deal Point:

• Property located in healthy Fort Wayne, Indiana. Average household income of $76,850 in a 3-mile radius and a MSA population of 2.2 million residents.

• Ideal Location. The property is located next to Interstate 69 which connects Fort Wayne to greater Indianapolis region. Covington is also located next to the busy Jefferson Boulevard which features over 31,000 VPD (vehicles-per-day).

• Strong Retail Market. The current retail market features predominantly power, lifestyle, and strip centers, all of which have significantly higher rents and limited vacancies. The current market vacancy is 9.7%.

• Stable in-place income. High traffic tenants including Planet Fitness (expires 2023), Christopher James (expires 2016), and Office Depot (expires 2022).

You can learn more about this offering at PeerRealty.com.

We're pleased to announce that the due diligence process on our City Pads Portfolio Fund offering has been completed, and that the deal is now accepting investments.

The fund intends to acquire mixed-use and multifamily apartment buildings that have potential value-add opportunities with upside on market rents to add to its current portfolio. The fund is managed by the primary owner and operator of Chicago Apartment Finders, which is presently the largest residential leasing agency in Chicago. With five prominently located retail stores, 120+ leasing agents and 35 salaried employees, Chicago Apartment Finders should provide the fund with a competitive advantage in operating residential buildings, underwriting financial projections and expediting the due diligence process.

Investment Financials

Projected IRR: 15-20%
Offering Size: $2,000,000
Underlying Security: Common Equity
Property Type: Multi-Family and Mixed Use
Investment (Phase) Type: Development, Value-Add, Redevelopment
Term Length: 5-7 years
Minimum Investment: $5,000

For more information on this offering, visit PeerRealty.com.

On Tuesday, September 29th, at 2:00 PM CST, we'll be hosting a webinar with City Pads managing partner Andy Ahitow to discuss the offering. You can register for the webinar here.

We're pleased to announce that the due dilligence process on our Birchwood Kansas Portfolio offering has been completed, and that the deal is now accepting investments.

This is an exclusive opportunity to invest in the acquisition of five senior housing and nursing facilities that, when combined, will be a five facility portfolio in a tight geographic footprint. Four of the five facilities are being acquired during an upswing in operational performance due to change in operational control over the last two years. The fifth facility is stabilized.

Investment Financials

Projected IRR: 30-31%
Offering Size: $1,000,000
Underlying Security: Common Equity
Property Type: Senior Housing
Investment (Phase) Type: Opportunistic
Term Length: 10 years
Minimum Investment: $5,000

For more information on this offering, visit PeerRealty.com.

Our newest PeerRealty offering is an opportunity to invest in the development and ownership of a 227-unit senior housing campus in the village of Grafton, Wisconsin, which is located in the Milwaukee MSA. Village Pointe Commons will be comprised of independent living units for active seniors, as well as assisted living units offering a full range of exceptional care and select services to meet the evolving needs of its residents. The project’s construction began in August 2015, and is due for completion by early-to-mid 2017 with initial units ready for occupancy by late 2016.

Key Deal Points:

• Opportunistic, high-reward development with projected returns of 20-22% IRR.

• Local development and management team have developed over 1,200 units of similar senior communities.

• Sponsor with large equity stake in project and project's success.

• The project capitalizes on the growth of the senior living sector. 10,000 baby boomers in the U.S. turn 65 today, and every day for the next 20 years.

To learn more about this offering, visit PeerRealty.com.

We're pleased to announce the launch of our newest PeerRealty offering. This is an opportunity to invest in a partially seeded fund, allowing access to its current portfolio and the purchase of mixed use (multi-family and commercial) assets in Chicago, IL. The fund is managed by a team with decades of experience in acquiring and rehabilitating operating multi-family and commercial real estate. The sponsor's main principal is the co-founder and managing partner of Chicago Apartment Finders, one of the largest residential leasing brokerages in Chicago.

Key Deal Points:

• Sophisticated management team with significant experience and track record in the Chicago metropolitan area.

• The sponsor has a track record of efficiently attracting tenants for properties and reaching stabilized occupancy.

• Limited marketing costs on a property-by-property basis due to high traffic locations.

• Ability to opportunistically source off market deals and sell buildings to landlords with whom sponsor’s main principal works.

For more information on this offering, visit PeerRealty.com.

We're pleased to announce that the due dilligence process on our Birchwood Kansas Portfolio offering has been completed, and that the deal is now accepting investments.

This is an exclusive opportunity to invest in the acquisition of five senior housing and nursing facilities that, when combined, will be a five facility portfolio in a tight geographic footprint. Four of the five facilities are being acquired during an upswing in operational performance due to change in operational control over the last two years. The fifth facility is stabilized.

Investment Financials

Projected IRR: 30-31%
Offering Size: $1,000,000
Underlying Security: Common Equity
Property Type: Senior Housing
Investment (Phase) Type: Opportunistic
Term Length: 10 years
Minimum Investment: $5,000

For more information on this offering, visit PeerRealty.com.

Private equity real estate has experienced a surge of capital over the past decade, as institutional investors seek higher yields. At the same time, the growth of real estate crowdfunding has allowed retail investors to access private equity real estate funds with much lower entry costs. How are these types of deals structured, and what are the differences between private equity real estate and traditional real estate deals?

You can find out in Real Estate Investing 101: Private Equity, episode 2 of our on-demand webinar series. This episode will explain how larger institutional deals (including the deals you'll see on crowdfunding platforms like PeerRealty) are structured, and covers concepts like private placement memorandums, preferred returns, and the "promote."

You can watch right now by clicking the image below:

Our Cherry Creek Plaza investment offering is an opportunity to participate in the acquisition of a stabilized retail community center in Homewood, IL which is anchored/shadow anchored by quality national tenants, including Walgreens, Starbucks, Ace Hardware, Panera Bread and Bank of America.

This offering is nearly 95% funded, so if you're interested in participating in this offering, sign up for an account and review the investment materials today.

Investment Financials

Projected IRR: 14-15%
Offering Size: $1,800,000
Underlying Security: Equity with 8% preferred return (70% of profits over 8% return)
Term Length: Targeted for ±5-7 Years
Minimum Investment: $5,000

For more information on this offering, visit PeerRealty.com.