If you haven’t heard the buzz about 75 Prince William yet–it SOLD OUT two weeks ago and then was brought BACK for more funding this week! The best part? It even opened up to Quebec residents this time–that’s right, Quebec, you can get a piece of it too.
What have the results been so far for 75 Prince William investors in Tranche 1?
The Issuer, R2 Capital Partners, is estimating up to 96 monthly distributions will be paid out over an estimated term of 8 years to investors in 75 Prince William. The exciting news is that the first dividends has gone out TODAY, so we’re just starting to get a taste of what the returns on this property are looking like so far.
Current Paid Distributions:
- December 20th, 2024 – TOTAL PAID: $3863.72
Next Estimated Distributions:
Estimated future dates for next 3 distributions:
- January 20th, 2025
- February 20th, 2025
- March 20th, 2025
About 75 Prince William
Opportunity type: Core Plus
Prince William is a Core Plus offering–a property with experienced management that has maintained the building’s occupancy levels, with plans for further upgrades to the property to enhance value to investors.
What’s being improved: The “Plus” part of this offering is the fact that the raised capital is being used to make improvements to the property in order to enhance the asset’s overall value. The amount of enhancements done is proportional to the amount of capital raised.
The plans by funding target:
- $375,000 (min offering amount)–Performing upgrades to the roof top chiller and heat pump.
- $500,000–Perform a roof replacement, plus upgrades to the roof top chiller and heat pump.
- $500,000 – $1,000,000 (Maximum Offering Amount) – Repurchase of existing limited partner’s units beneficial ownership which will first be used to purchase 730212 N.B. Ltd.’s 6% ownership, then R2 Capital Inc’s beneficial ownership until they have 51% beneficial ownership. This allows for potential investors to own approximately 49% of the property.
The Issuer
About R2 Capital Partners
The Dealer
Equivesto Canada Inc.
Equivesto is on a journey to reimagine how private company investment and fundraising is done in Canada. They believe in a future where access to equity investments and opportunities are not limited by privilege or network. They look to design a tomorrow that is driven on community values and collaboration.
Investing in crowdfunding and exempt market offerings has significant risk. Investors may not be able to resell their securities quickly or at all and the securities may be subject to resale restrictions. These investment opportunities may result in the loss of all or most of your investment. You may receive limited ongoing information about a company or an investment made through Equivesto. Please be aware that investments offered by third-parties through this Equivesto operated offering are risky. You may receive limited ongoing information about a company or an investment made through Equivesto.
Looking forward to many years of sweet cashflow from 75 Prince William.