MULTIFAMILY FUND
Tax efficient income and growth
through real estate investments.
Fund Overview
EOS Capital’s multifamily fund buys, improves and operates a growing portfolio of affordable apartments in the Chicago metro.
Affordable housing is one of this countries critical needs and there continues to be a large imbalance between the demand for quality, affordable apartments and the available supply.
Key Stats
500+
Apartment Units (Active + Pipeline)
TBD
Apartment Units (Active + Pipeline)
TBD
Apartment Units (Active + Pipeline)
Tax Efficient Returns
This diversified private real estate fund is for the moderate risk investor seeking both income and appreciation in a single vehicle, with minimal tax impact. The fund’s strategy is to build, buy and lend to multifamily properties in our target markets.
Key Benefits
X Income
The fund currently distributes a 3% net yield which is expected to increase over time
X Growth
Investments in the fund generate compounding growth as it continues to invest and grow
X Tax Efficiency
Returns are shielded by depreciation and other deductions, resulting in a nearly tax-free cashflow stream our long term hold strategy defers capital gains tax throughout your time invested
4 – 6 %
Target Net Annual Distributions
10 %
Current Net Annual Appreciation
13 %
Current Net Annual Return
Grow Your Capital
An investment today of $250k is projected to grow to $XXX by the end of the initial term of the fund and to $XXX within 10 years if your investment is re-invested through dividend reinvestment program (DRIP).
Every other axis, start at $250k
Assumes a $250,000 investment with all distributions reinvested at the prior quarter’s NAV. Assumes underlying assets appreciate at 2% (annualized).
Existing Assets
A portion of the funds buildings that are either fully stabilized or in the process of stabilization
Asset Deep Dive
STRATEGY AND ADVANTAGES
EOS is a vertically integrated real estate investment company that focuses on affordable and alternative real estate across key geographies. Affordable real estate is one of the nations largest needs.
On average XXX affordable units are sold in the greater Chicago metro. The rise of interest rates has reduced the number of buyers – however – our debt is primarily sourced outside of traditional banks and hasn’t risen.
We leverage an in house team that includes analysis, acquisition, construction management, property management and capital management.
Alignment
Our leadership team and employees are our largest investor and invest in our strategies on the same terms as external investors.
Track Record
We have a 10 year successful track record acquiring and managing real estate and real estate backed credit with a focus on affordability and the greater Chicago metro.
Experience
Our team has proven experience at both start up and mid sized levels giving us an insight into effective strategies and controls that balance growth, stability and income. We have a diverse team with a combined 50+ years of experience.
Administration
We leverage a best in class fund administration, major audit firm, best practice asset manage to reduce risk and keep your investment safe.
History
We have a proven history of recognizing and capitalizing on real estate and related financial asset investments. We are aligned with each investor as our money is invested alongside our investing partners. Additionally, all assets are underwritten and serviced by our in house team.
Company & Credit Fund Launch
2013
Credit Expands to Multiple States
2015
Multifamily Launches
2020
Add Real Estate Construction + Sales
2018
Fund Leadership
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Randy Gross & Gary Morgan
Executive Directors
Over 40 years of experience in all aspects of enterprise management and growth. They have developed, managed and sold several enterprises including one of the nation’s largest privately held independent leasing and finance companies which was acquired by a major international banking group. Randy has also served as a director of a recognized Chicago area bank.
-
Jordan Gross
CEO
Over 15 years of experience in finance, technology and real estate. Overseen the launch, growth and management of multiple business and products. Jordan received his Bachelor of Science in Finance with high honors from the University of Illinois.
-
Michael Wehenkel
CIO
Over 15 years of experience in real estate acquisition, construction and management. Implemented the systems and controls to underwrite, acquire and service over $750M in assets across 14 states including a full-scale construction management business. Michael received his Bachelor of Science degree from Creighton University.
Summary of Terms
Fees
Asset Management
2% of NAV
Performance Allocation
20% of total return subject to a 6% preferred return
Acquisition
1% of each asset purchase or preferred equity investment; not applicable for debt investments