Neal Bawa · Anna Myers
Ken Holman · Mike Holman
This Syndication Is Fully Subscribed and Closed To Additional Investors
Projected Investor Returns
25%
Projected Annual Returns
2.0x
Projected Equity Multiple
19.1%
Projected IRR
8%
Preferred Return
Read The Investor Presentation Deck
An accredited investor, in the context of a natural person, includes anyone who:
Has earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior 2 years and reasonably expects the same for the current year,
OR has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person's primary residence).
Watch The Investor Presentation
Next Steps:
Speak with our Investor Relations team if you have questions
Stunning New Multifamily Development
The Falls at Crimson Commons is unrivaled when it comes to sophisticated living. With an idyllic location on the new Tech Corridor, it is uniquely suited to fill the high demand for refined living.
Exciting, Highly Ranked Metro
This amazing sun-belt metro has everything you could possibly want in an investment area – a fast growing economy, plentiful white collar jobs, a high quality of life, and a competitive cost of living.
Mega Income Boosters For Max Profits
The property is a perfect fit for our Mega Marketing and Mega Leasing models, perfected and implemented by our world class Efficiency Center.
Retirement Account Eligible
506c investment open to accredited investors. Can invest from IRA, Solo, QRP, etc.
New Development Magic
The Falls at Crismon Commons is a stunning, modern development in a new and stylish neighborhood with a contemporary feel while still providing southwestern flair. It is the perfect addition to an area that has a bustling, innovative urban core district with robust economic development.
Every aspect of this project, from the selection of the high growth metro, to the allocation of units for short-term rentals, to the use of our ultra powerful Efficiency Center, has been architected to maximize income and profits while providing a high quality living experience for tenants.
Our ground breaking approach to this project along with the unusually high demand for housing in the metro has us very excited about the potential for a massive success. With the highest rent growth in the U.S. month-over-month according to Yardi, we expect to see very strong demand for our units.
Metro Magic
The greater Phoenix-Mesa-Scottsdale metro is on a tear with an economy that is growing by leaps and bounds and accolades galore!
#1 U.S. County 3rd year in a row for population growth
#2 Highest Employment Growth
#3 Fastest Growing Economy
#2 Best City for Young Professionals
#3 Most Innovative School in U.S. (AZ State Univ in Tempe)
The list goes on and on. Now let’s take a look at some important eye-popping stats for the region.
Annual population growth is a robust 2.1 compared to 0.62% for the U.S.
Are there enough jobs for the booming population? Absolutely. The year-over-year job growth is astounding. The average for the U.S is 1.9%. For the state of Arizona it is 2.7%. For Maricopa County it is a whopping 3.1%, more than 50% higher than the nationwide average.
But what kind of jobs are being added? And do the people make enough money to afford a luxury apartment? The answer is a resounding YES. The Technology Corridor expansion is fueling the growth of high paying white collar tech jobs. The current median household income is very strong $62,800.
Income Magic
There are multiple income differentiators for this project, including our experienced, vertically integrated development team and the use of our ultra effective Efficiency Center.
The success of any development project hinges on the strength of the development and management team. Our hand-picked team has 30+ years of experience for new construction and property management. They successfully manage 5,000+ units with a value of $350 million in assets. This is our second development project together.
Our Efficiency Center (EC) is the ultra powerful secret sauce that boosts investor returns and also improves the life of tenants in our communities. The two main goals of the EC are simple and straightforward:
Fill the property to the max with high quality tenants in record time
Keep the property filled with happy, paying tenants
By applying our world class efficiency center systems, processes and resources we are able to optimize net operating income (NOI) to a level that is revered in the industry.
Covid-19 Resilience
Despite a large number of coronavirus cases, the states booming economy continues to be resilient, attracting technology companies and workers seeking an affordable middle-class life:
Arizona ranks #4 for lowest unemployment rate of all states through May (Source: U.S. Bureau of Labor Statistics.)
According to realtor.com, the Phoenix metro area has seen the largest increase in its Hotness ranking among larger metros over the past year, moving up a whopping 113 spots.
In it’s Spring 2020 report on Phoenix, Yardi-Matrix states the metro is relatively well positioned to weather the pandemic storm.
What You’ll Learn In The Investor Call
Bottom line, this is an exciting new multifamily opportunity in a stellar metro with a growing population, ample employment opportunities and increasing wages. Coupled with our world class management team and efficiency center optimizations, it’s hard to imagine this investment being anything but a resounding success for our investors!
We think you’ll be blown away when you discover all the details of this investment on the investor call. Here’s what we’ll cover:
Our stringent investing criteria and process.
What your investment looks like – how long, minimum investment, cashflow, etc.
The strong metro and all important neighborhood factor and what we love about this area.
You’ll also discover all the numbers you need to evaluate this amazing deal including assumptions, splits, returns, and more!
We’ll drill down into the actual property and the experience and core competencies of the management team.
Best of all, there will be a Q&A where you are free to drill us and ask your hardest questions. We will rise to the challenge!
This is an exciting new construction multifamily investment opportunity with potential for strong returns. We can’t wait to share this enormous opportunity with you in the presentation!
Meet Our Seasoned Management Team
Neal Bawa
Grocapitus
Anna Myers
Grocapitus
Ken Holman
Overland Group
Mike Holman
Overland Group
25%
Projected Annual Returns
2.0x
Projected Equity Multiple
19.1%
Projected IRR
8%
Preferred Return
*If the Project delivers investors over 20% AAR, then the amound above that is split 50/50. This is determined at Sale.