The Company was founded over 31 years ago to support investors is a collective ownership of commercial and industrial real estate through a limited partnership structure, offering investors the opportunity to profit through partnership.
The company acquires or develops industrial and commercial properties with minimum individual capital outlay and maximum tax advantages. The investor, as part owner of a property, participates fully in the profit from operations while maintaining limited liability. The directors of personally own partnership units in every project, ensuring our commitment to their long-term success.
The company is one of the largest commercial landlords in Saskatoon, with a proven track record of successful investment in 70 projects. On behalf of over 1,100 investors, the company currently own and manage:
• Over $300 million in investment property in Saskatchewan and Alberta
• 58 commercial and 3 multi-family residential properties
• 1.26 million square feet of leasable space with more than 450 industrial, office, and retail tenants
Limited partners benefit from excellent average annual returns on their real estate investments. Many partners have multiple investments in a number of our projects, returning year after year to participate in new syndications.
Investment Features :
• Minimum Investment (1 unit) $24,700.00
• Tax write-off (Year 1) $12,375.00*
• Cash flow shortfall coverage funds provided to 01 January 2018. Positive cash flow is projected throughout.
• NO RECOURSE to investors by mortgagees.
• Purchase price, interim financing, placement of mortgages, and closure of syndication are guaranteed.
• Projected rate of return averages 20.5%** over the first 15 full years, increasing thereafter.
• Investors buy in for less than 64% of current replacement value of the property.
* The investment is structured to take maximum advantage of the write off of costs associated with acquisition and takeover of the property, new leasing and enhancement of existing leases, distribution of the partnership units, placement of mortgage financing, and the provision of various financial services.
As well, a portion of the funds raised through this offering is dedicated to the costs of tenant leasehold improvements and building exterior and site refurbishing, which are subject to immediate, 100% write off.
These write-offs are available to investors in accordance with several provisions of the Income Tax Act (Canada) to shelter their income from other sources, as well as from this partnership, in the early years of the project. Partial sheltering of partnership income also is available throughout the life of the investment from offsetting Capital Cost Allowance.
** Return is a combination of tax advantages, mortgage principal reduction, appreciation in the value of the property, and cash flow.
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