Experienced Developer Seeking Investors for Immediate Opportunity

Posted on October 9, 2015. Filed under: Informed Investor Alliance, Orange County Real Estate, Senior Communities | Tags: , , , , , |

Investment Property Opportunities in CA

Orlando Lutheran Towers, located in Orlando FL is just one of many projects completed by this developer.

Attention Investors:

We’re working with an experienced developer of over 30 years on multiple projects. He’s originally from the east coast, and is expanding his successful ideas west. He’s seeking investors here, and asked us to reach out to our sphere! You can meet him in person to ask questions & find our more details on Oct 20th, 2015, 1-2pm at our office in Corona del Mar.

If you’d like to partner on investment property, read on for specifics.. maybe this equity partner opportunity is for you.

Each Project will require approximately $500,000 investor funds to launch. Don’t worry, you don’t have to plunk ALL that down, a group of 10 investors paying $50K each is also fine.

Preliminary Equity Partner Participation:

  • Separate LLC’s will be formed to procure entitlements;
  • This entitlement process will be undertaken by our developer who has completed over 20 similar projects. Expected turnaround is 3 – 9 months depending on local circumstances and planning requirements. Note: We have independent specialist contractors lined up to perform these services and obtain final approvals.
  • Equity Partners will receive an Annual Return of 18 % secured by a promissory note.
  • Equity Partners will be repaid in full at construction loan take-down
  • Final Project Equity Entitlements (Equity Kicker) will be 5%

Development Details:

  1. Types of Projects which we are developing are:
    • senior independent living
    • senior assisted living
    • memory care and congregate housing; each project managed by experienced successful licensed care provider to run the operations. See Items 8-10.
  2. Locations: Central to Southern California; we have pre-selected two locations: San Clemente and Mission Hills (Palm Dessert); with a potential #3 is in Santa Barbara.
  3. Project size:  150- 300 revenue Units
  4. Costs to build and furnish (excluding land) 25-30  million;
    When turn-keyed and 70% occupied value multiplier is estimated to be 1.2 : For example: when our project million completed and occupied  at 30,000,000 = 30m X 1.2 yields project value of $ 36 m to be purchased by REIT/ or other cash buyers within 1 year or less. (Some projects may be held longer if investors choose)
  5. Three Money Sources will underwrite these loan guarantee programs after equity partnerships are formed.
  6. Project’s ROI: 20- 25 % annually
  7. All projects are Green (electricity, materials, smart utilities)  and create up to 30% Investment tax credits and sheltered ongoing income which a portion will be available to the equity investors.
  8. Each project’s care operations will be contracted to a premier California Licensed Care Provider  (LCP)
  9. Our private company, Banyan Care Group Inc (as the 20% GP with our 80% Limited Partners) will develop & provide the AAA facility for the LCP to run.
  10. The LCP contractually will provide resident management & services, controlled operating costs, and guaranteed revenues.
Invest in assisted living communities CA

St Marks Village, an assisted living community in Florida was also a project of this developer.

Want to RSVP for our investor information session on Tues, Oct 20th at 1pm? Call or text Angie Weeks at (949) 338-7408 to secure your spot, or fill out the form below:

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    Orange County, CA Real Estate for hip first-time buyers and investors. Plus, fun things to know and do in OC.

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