This REIT invests in residential real estate in the Southwest United States with a focus on Greater Phoenix, Arizona. The offering helps Canadian investors participate in the Phoenix real estate recovery; acquiring over 230 single family revenue properties since early 2010.
Investors will receive a preferred return of 8% per annum, cumulative and non-compounded, with income distributed semi-annually. Investors will also receive 40% of the net proceeds at time of liquidation, after the return of 100% of their invested capital. The target holding period is 3-7 years.
Investment Features :
•8% preferred return + profit participation*
•$10,000 minimum investment*
•RRSP, TFSA, LIRA, RRIF, RESP & CORPORATE Eligible*
•Track record of success investing in Phoenix real estate
•No properties to manage and No personal U.S. tax filings
• Exclusive to Canadian investors
Investing in REIT is available to Accredited Investors only or to those investors who are otherwise exempt. For more information, please contact IPD.
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