First and foremost to make sound real estate investments with above average returns.
We pursue investments that we are confident will provide an 8% to 10% annualized distribution upon stabilization and a multiple on investor’s equity of 1.5x upon exit. With an average hold period of 5 years, that equates to an annualized return of 18%. To date, we have completed 67 transactions totaling 3.1 mm square feet with a market value in excess of $240,000,000. Investors return is 22% annualized.
To support Christ centered non-profits with local impact in a meaningful way.
10% of all cash flow and sale distributions above the invested equity will be placed in a donor advised fund with the Community Foundation of Greater Atlanta, a 501(c)(3) that manage 1.1 billion in Foundation accounts. Each year the investors and donors will be asked to submit their selection of a Christ centered non-profit with relevant local impact. The submissions will be vetted by an advisory board at a high level to confirm consistency with our mission and the qualifying non-profits will go into a selection pool. The goal is to choose recipients for gifts at a minimum of $25,000 and maximum of $100,000. The number of recipients will depend on available funds.
To encourage the practice of intentional generous giving.
The vision behind this investment structure is to blend investing and giving in a formal, meaningful way. Our strategy is to engage investors in the process of selecting non-profits that are having a real impact in our local communities. Investors are the key to the selection process and by leveraging everyone’s investment resources, we will strive to have a great impact and hope to create a contagious giving environment.