financials
Across a 7-year hold, we are targeting a 35%+ IRR and 3.0x+ MOIC.
deal terms
35%
LP IRR
3.0x
LP MOIC
year 7
Total Investment Period
promote structure
Preferred Return
10%
GP Promote / LP Hurdle
30% over 10%
investment terms
Capital Raise
$3,500,000
Sponsor Commitment
20%
Investment Type
Short-Term Rental
Timeline
1yr Investment
7yr Total Hold
Development Fee
7%
Asset Management Fee
0%
OpCo Allocation
10%
OpCo Valuation
$2,000,000
Investment Summary
Initial indications are due by February 21st. We are closing the first round of the capital raise by July 25th. You can submit your indication and request more information from our team using the form on the next page.
indicate interestFeb 21st
Indications of Interest Due
July 25th
First Round Subscription Documents & Wires Due
October 2024
Expected Launch of Mar, Property #1
January 2025
Launch Raise for Las Nereidas Fund I