In addition to high net worth individuals, we now offer accredited and sophisticated investors a no-hassle way to buy, hold, and benefit from commercial real estate
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San Jose, CA (PRWEB) March 31, 2009
Nummatus Investments announced that it is now sponsoring investor groups to buy commercial real estate not previously afforded most individual investors. Individual investors can now own high-quality commercial real estate anywhere in the country and realize all the benefits large investors have enjoyed for years.
"In addition to high net worth individuals, we now offer accredited and sophisticated investors a no-hassle way to buy, hold, and benefit from commercial real estate," stated Larry Glick, Nummatus Investment's co-founder and Principal Investor. Mr. Glick is also the Principal of Guarantee Funding Company, a company he established over a decade ago to help businesses and real estate developers improve their cash flow.
Commercial real estate investing is a natural progression for people that own residential income properties and ideal for those needing to diversify their retirement accounts. Potential investors complete a two-page questionnaire and are interviewed to determine suitability, goals, and risk tolerance. Investors meeting basic criteria are provided with a Private Placement Memorandum detailing, among other things, sources and uses of capital, risks, objectives, and management plan.
"A network of private funding sources and preferred commercial lenders allow us to leverage investors' dollars," says Mr. Glick. Before the credit crisis, 20% down was commonplace - now, commercial lenders are requiring down payments of up to 50%. Mr. Glick continues, "The credit situation and tighter lending criteria make it necessary to bring individual investors together so they have the same opportunities as the big investors."
Nummatus Investments also co-sponsors commercial real estate investments with other veterans of the business. One such co-sponsor is Mr. Cherif Medawar, a real estate investor with over 20 years of experience and founder of the Institute of Commercial Real Estate. "We are proud and honored to have a person of Mr. Medawar's caliber co-sponsor some of our investments," stated Mr. Glick. He continued, "Such co-sponsors strengthen our position with sellers and lenders and enhance credibility for the investors who entrust us with their capital."
All investments start with a calculation of risk. "By methodically screening available properties and then fully analyzing potential investments through comprehensive and independent due diligence, our clients can be confident in their choice of Nummatus Investments," stated Mr. Glick, who asserts, "Our clients can rest comfortably knowing all details have been addressed by attorneys and third-party experts and advisors who are independent of the transaction."
Sometimes referred to as syndications, the investor groups sponsored by Nummatus Investments may include just two investors or as many as 15 to 20 or more, depending on the value of the investment and size of the offering units (regulations limit the number of investors per group). Each investor group is organized as a Limited Liability Company with a managing member, typically the sponsor. Dedicated property managers and accountants are retained to ensure each property is brought to its highest and best use and performs as expected. The managing member reports to the investors on a regular basis. All details, including membership, acquisition, member rights and duties, and dissolution of assets, are spelled out in formal Operating Agreements.
Nummatus Investments real estate syndications, which are not securities, differ from Tenants In Common (TICS) and Real Estate Investment Trusts (REITS). For example, TIC investments are treated by many sponsors as securities because they meet the definition of securities in most states. Still, some sponsors sell them as a real estate investment not subject to state security laws. TICS also have a limited number of investors. REITS, on the other hand, are companies that own and manage multiple income-producing properties. REITS must have at least 100 shareholders and most are available as securities that can be purchased on the major exchanges; they clearly fall within the securities laws.
Nummatus Investments real estate syndications provide safe, hassle-free investments through professional and experienced sponsors. Additional benefits include higher returns with minimized risk and time for investors. Substantial tax advantages may be realized and self-directed retirement funds can be used for diversification.
For additional information, contact Larry Glick, Principal Investor, at (408) 629-3921 or visit http://www.NUMMATUS.com where you can subscribe to The Nummatus Letter and receive current special reports.
About Nummatus Investments:
Operating per Regulation D of the Securities Act of 1933, Nummatus Investments sponsors and co-sponsors commercial real estate investments for high net worth individuals and accredited and sophisticated investors in the United States, Puerto Rico, and U.S. Virgin Islands.
Larry Glick, Principal Investor