REVA projects estimated investor IRR of 9.86%-16.40% and estimated cash-on-cash of 7.50%-8.50%.
(PRWEB) June 16, 2015
EarlyShares, the trusted platform that gives accredited investors direct access to commercial real estate opportunities, has launched a new investment offering for the REVA Raleigh Colonnade, DST. The offering is an equity investment opportunity in a fully leased Class A office building in Raleigh, North Carolina.
The property, known as the “Colonnade II,” is owned by Real Estate Value Advisors (REVA). REVA serves nearly 400 investors and oversees a portfolio of nearly $1 billion in office assets from Pennsylvania down the coast to Florida and westward into Georgia and Texas. REVA specializes in operating properties to maximize investor returns and asset value, and has completed in excess of $300 million in Regulation D syndications of commercial office buildings.
REVA structured the Colonnade DST investment offering to qualify as a 1031 Exchange (Tax-Deferred Exchange) "like-kind replacement" property investment. The current lease delivers cash flow with strong upside, with in-place lease rates 20 percent below market. REVA projects estimated investor IRR of 9.86%-16.40% and estimated cash-on-cash of 7.50%-8.50%.
Accredited investors who are registered users of EarlyShares can invest in the Colonnade II with a minimum investment of $53,750. Interested investors can learn more about the offering in a webinar on June 25th at 3:00 pm ET. Sign up here.
“The Colonnade II is located in Six Forks, a submarket of the Raleigh metropolitan area that has less than 5 percent vacancy in Class A office space,” said Steven M. Sadler, Managing Director of REVA. “We’re confident that this property will deliver the strong cash flow and returns that investors have come to expect from REVA in both rising markets and falling ones.”
“REVA has five decades of transaction experience and a determined emphasis on frugal, effective, efficient asset management,” said Joanna Schwartz, CEO and Co-Founder of EarlyShares. “Their firm is exactly the type of sponsor we like to introduce to our investor community, and we’re happy to be helping them capitalize on new regulations to enjoy a seamless, efficient capital raise on our platform.”
To browse current investment opportunities on the EarlyShares platform, click here.
Under current SEC regulations, only accredited investors who are registered users of EarlyShares are able to invest in Carpathian Capital Fund II and other opportunities on EarlyShares. Interested investors can sign up and complete an accreditation questionnaire to determine if they are eligible to invest.
EarlyShares is the trusted platform that gives accredited investors direct access to vetted, return driven investments in commercial real estate. Under new securities regulations, EarlyShares streamlines the processes of real estate investing and capital raising to make them more efficient, transparent, and accessible for all parties involved. Thousands of investors are seeking to invest over $200 million on EarlyShares in the next 12 months. For more information or to join the ‘Future of Investing,’ visit EarlyShares.com.