Stratus Apartment Homes

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1 | EXECUTIVE SUMMARY| CONFIDENTIAL INVESTMENT SUMMARY STRATUS APARTMENT HOMES 216 UNITS COLORADO SPRINGS, COLORADO
A
Leading Multifamily Investment Firm
TABLE OF CONTENTS EXECUTIVE SUMMARY | 03 FINANCIAL ANALYSIS | 17 PROPERTY OVERVIEW | 11 MARKET OVERVIEW PORTFOLIO AND CASE STUDIES | 20 | 25 ADDENDUM | 30 2 | EXECUTIVE SUMMARY|

EXECUTIVE SUMMARY 01

3 | EXECUTIVE SUMMARY|

EXECUTIVE SUMMARY

VALUE DRIVERS

IMMEDIATE UPSIDE IN RENTAL REVENUE

SIGNIFICANT CAPITAL IMPROVEMENTS

STRONG SUB MARKET

TOP 5 JOB GROWTH IN THE NATION

TREMENDOUS WAGE GROWTH

PROXIMITY TO MAJOR RETAIL

OUTSTANDING MULTIFAMILY FUNDAMENTALS

FASTEST GROWING POPULATION IN COLORADO

4 | EXECUTIVE SUMMARY|

EXECUTIVE

PURCHASE PRICE

SUMMARY

FASTEST GROWING POPULATION IN COLORADO

El Paso County is the fastest-growing county out of the 64 counties in Colorado and is experiencing incredible growth. Since 2010 the population of Colorado Springs has grown by over 12%.

OUTSTANDING MULTIFAMILY FUNDAMENTALS

Colorado Springs has attracted national attention as one of the top apartment markets in the country. Multiple publications have ranked Colorado Springs as one of the best markets for rent growth in the nation, with a 36% increase over the last five years.

TREMENDOUS WAGE GROWTH

Wage growth has experienced a remarkable yearover-year increase at 11.63%, more than triple the national average of 3.37%. This translates to an average income increase per person of nearly $300 more per month.

HOLD TIME EQUITY REQUIRED EQUITY MULTIPLE AVERAGE ANNUAL RETURN* AVERAGE ANNUAL RETURN** INTERNAL RATE OF RETURN (IRR) BREAKEVEN OCCUPANCY $29,600,000 5 $8,100,000 2.05x 8% 21.11% 17.57% 57% OFFERING
*Excludes proceeds from sale, **Includes proceeds from sale 5 | EXECUTIVE SUMMARY|
SUMMARY

EXECUTIVE SUMMARY

THRIVING ECONOMY

The Colorado Springs economy has experienced massive growth in the last few years. Colorado’s economy is at the head of the pack nationally, with wage growth outpacing the national average at 3.3% and existing business renewals growing by 3.9% since last year to over 142,000, according to the report. Colorado’s economy continues to lead the nation in wage growth and employment. The study names Colorado Springs as solidly in the group of cities around the country that are outperforming the nation as a whole. Many factors have contributed to the exciting success in Colorado Springs. The city has taken steps to revitalize and attract businesses. The rapid development of industries such as cybersecurity and health care, two brand new sports stadiums, the US Olympic Museum, and new restaurants have energized the metro area, attracting young, educated new residents.

HIGHLY EDUCATED WORKFORCE

Forbes has recently ranked Colorado Springs as the #5 Most Educated City in the United States. Thirty-eight percent of the population holds a bachelor’s degree or higher. Colorado Springs is home to top tier higher educational institutions and has a large number of highly trained veterans transitioning into the workforce, making it a very attractive location for companies looking to relocate or expand their presence in Colorado.

6 | EXECUTIVE SUMMARY|
Investor Annual Percent Return Investor Return on Investment Investment ($100,000) Year 3 8% $8,000 Year 1 8% $8,000 Year 4 8% $8,000 Year 2 8% $8,000 Year 5* 70.49% *$173,000 *Includes Sale Investor Distribution of Cashflow Membership Ownership 8.0% Preferred To Investor 70/30 Split Thereafter 70% To 20% IRR 50/50 Thereafter PARTNERSHIP STRUCTURE PROJECTED INVESTOR RETURNS BASED ON $100,000 INVESTMENT

EXECUTIVE SUMMARY

IMMEDIATE UPSIDE IN RENTAL REVENUE

Current effective rents at Stratus are significantly below the rest of the market. Nearby communities are leasing units on average for $150-$300 more per unit per month, creating ample room for rental revenue increases.

SIGNIFICANT CAPITAL IMPROVEMENTS COMPLETED

In the past ten years, over $2.5 million ($11,500 per unit) in capital improvements have been invested into the property. Highlights include new roofs, a completely renovated clubhouse, fitness center and pool area, exterior paint, new signage and landscaping upgrades. In addition, new energyefficient double pane windows, cabinets, siding, and boilers have been installed.

UNIQUE FLOOR PLANS WITH DESIRABLE UNIT MIX

The property has an inherent competitive advantage with average floorplans over 900 square feet, and a favorable unit mix of 90% two and three bedroom floor plans. It is very rare to find a 1970s vintage property with a significant amount of 2 and 3 bedroom units in this area of Colorado Springs, making it extremely difficult for properties to compete with Stratus.

STRONG SUBMARKET

Stratus is located in the Airport submarket, which consistently produces strong rent growth. In the second quarter of 2019, year-over-year rent growth is 8.5%, making it the second highest performing submarket in the metro area.

7 | EXECUTIVE SUMMARY|

EXECUTIVE SUMMARY

LOCATED NEAR AVIATION CORRIDOR

Just a few miles east of the property lies the city’s aviation employment hub which is anchored by Peterson Air Force Base, and the Colorado Springs Municipal Airport. These facilities help attract a number of distribution and defense related businesses that are driving impressive job growth. The airport is the second busiest in the state, and has seen more than a 30% increase in traffic year-over-year. Lockheed Martin, the largest defense contractor in the city, recently expanded its offices, and now occupies over 48,000 square-feet of space near the Colorado Springs Airport. Amazon is opening a distribution center located near the Colorado Springs Airport, which is initially expected to employ 300 people.

STRONG JOB GROWTH

Colorado Springs is ranked among the Top 5 metro areas in the nation for job growth, with a 5.5% year-over-year increase (18,000 jobs), far exceeding the national average of 1.87%.

AMAZON SETTING UP SHOP

According to city planning documents and recent press release, Amazon is planning to construct a new office, warehouse, and distribution complex next to an existing fulfillment center at the Colorado Springs Airport. Scheduled to break ground in Q1 of 2020, this development will be the largest commercial facility in Colorado or the surrounding 7 states and is located roughly 2 miles from Stratus.

PROXIMITY TO MAJOR RETAIL

Stratus is surrounded by some of the most significant retail corridors in the city. Just two miles north of the property on Academy Boulevard is the one-million square-foot Citadel Mall, which is home to over 100 retailers. Across the street from the mall is the Citadel Crossing Shopping Center, which includes popular retailers such as Lowe’s and PetSmart. Residents at Stratus are also within a short drive to the Powers Boulevard retail corridor which includes the First & Main Town Center and over 1.4 million square feet of additional retail. Notable tenants include Super Target, Best Buy, Lowes, Dick’s Sporting Goods and the 17-screen Cinemark 3D IMAX Theater.

8 | EXECUTIVE SUMMARY|
http://bit.ly/Amazon2020-4MillionSqFtBuilding

EXECUTIVE SUMMARY

ACCESS TO DOWNTOWN / EMPLOYMENT

Stratus is a quick 15-minute drive to downtown Colorado Springs, which has been ranked as one of America’s Most Beautiful Downtown Areas.* Downtown features a wide range of office, retail, restaurants, and cultural amenities for residents to enjoy. Recently, the state granted over 120 million dollars for the newly proposed City for Champions. The major development will include a Downtown Stadium, United States Olympic Museum, Sports Medicine and Performance Center as well as an Air Force

Academy Visitors Center. With over 4 million square feet of office space, downtown offers strong employment opportunities, and is home to a workforce of more than 29,000 employees. The workforce grows every year as more companies choose to start and grow their businesses in the downtown area.

PROXIMITY TO MAJOR HEALTH CARE PROVIDERS

DaVita, Kaiser Permanente and UC Health all have facilities located within three miles of Stratus. These reputable healthcare providers are crucial to the Colorado Springs economy. Healthcare is currently one of the fastest growing industries in the city.

LIMITED CONSTRUCTION

Over the last ten years, Colorado Springs has benefited from only one market rate property being built in the last 20 years in southeast Colorado Springs, with a limited pipeline moving forward. This eliminates the threat of additional competition being added to the area, potentially luring current and prospective tenants away from Stratus.

HIGHLY EDUCATED WORKFORCE

Forbes has recently ranked Colorado Springs as the #5 Most Educated City in the United States. Thirty-eight percent of the population holds a bachelor’s degree or higher. Colorado Springs is home to top tier higher educational institutions and has a large number of highly trained veterans transitioning into the workforce, making it a very attractive location for companies looking to relocate or expand their presence in Colorado.

9 | EXECUTIVE SUMMARY|
*www.downtowncs.com

EXECUTIVE SUMMARY

HUGE GROWTH IN MILLENNIAL POPULATION

According to a recent study, millennials are moving to Colorado Springs at a higher rate than anywhere in the nation. Colorado Springs ranks sixth in the nation for the highest overall share of millennials at 26.4%. Job opportunities in growing industries such as technology and cyber-security, along with a relatively affordable cost of living and an overall good quality of life are driving millennials to the metro area.

NATIONALLY RANKED FOR TECHNOLOGY PROFESSIONALS

Colorado Springs has recently been ranked as the #2 most desirable place to live among technology professionals. Colorado Springs ranked high on cost of living, weather/climate, commute times, job security, income/salary, and learning opportunities/job expertise. All of these factors support the wage growth, population growth, and strong apartment fundamentals Colorado Springs has been experiencing, and will continue to experience in the future.

10 | EXECUTIVE SUMMARY|

PROPERTY OVERVIEW 02

11 | PROPERTY OVERVIEW|

BUSINESS PLAN

1. We are partnering with Dunmire Property Management Company and immediately beginning the following:

Complete a thorough landscaping update that will focus on creating a sense of community for our residents through the addition of additional amenities.

Implementing higher standards for properly qualifying new residents to bring the delinquency numbers more in line with local market averages.

Implementing a thorough value-add program that focuses on renovating the unit interiors with new flooring, electrical and plumbing fixtures, appliances, and countertops.

Note - Dunmire Property Management Company managed this property in the late 2000s, and their familiarity with the property will enable us to begin the rehab program immediately with the goal of capitalizing on the primary leasing season in 2020.

2. Our Goal:

Turn 90% of the units within 18 months of taking possession utilizing our own staff to keep contractor costs to a minimum.

In addition to the interior upgrades, update landscaping in the interior portions of the complex, replace or reinforce the retaining walls as necessary, and replace any sewer lines noted as defective in the due diligence process.

Dedicate substantial resources to drive potential traffic to Stratus and will utilize many of the same methods employed at our neighboring property, Lincoln Springs.

Note: By using a variety of outlets we were able to turn over nearly a third of the tenant base in 4 months at Lincoln Springs (our most recent acquisition), simultaneously improving both the overall income and the community atmosphere.

12 | PROPERTY OVERVIEW|

PROPERTY AMENITIES

13 | PROPERTY
OVERVIEW
|
FITNESS CENTER PLAY GROUND LAUNDRY ROOM BUSINESS CENTERPOOL

ADDRESS

FEATURES & AMENITIES 14 | PROPERTY OVERVIEW|
COUNTY YEAR COMPLETED NO. OF UNITS NO. OF BUILDINGS NO. OF STORIES RENTABLE AREA AVERAGE UNIT SIZE LAND AREA DENSITY 4255 Airport Rd. Colorado Springs El Paso 1975 216 13+ Clubhouse 2 199,450 square feet 923 11.4 acres 18.95 units/acre STRATUS NO. OF UNITS UNIT TYPE SQUARE FEET CURRENT MARKET RENT/MONTH PROJECTED RENT 1 BED / 1 BATH 2 BED / 1 BATH 3 BED / 1.5 BATH TOTAL / AVG. 21 163 32 216 650 920 1,120 923 $822 $955 $1,179 $975 $925 $1,095 $1,350 $1,116

UNIT

& FLOOR PLAN

MIX
15 | EXECUTIVE SUMMARY| ONE BEDROOM/ONE BATH 650 sq.ft. TWO BEDROOM/ONE BATH 920 sq.ft. THREE BEDROOM/ONE AND HALF BATH 1020 sq.ft. Lounge Live Cook Splash Style Sleep Welcome Store Lounge Live Cook Splash Style Sleep Sleep Welcome Pantry Ref. Store Lounge Live Cook Splash Splash Style Style Sleep MastSleep er Sleep Welcome Store

SITE

MAP 16 | PROPERTY OVERVIEW|

FINANCIAL ANALYSIS 03

17 | FINANCIAL ANALYSIS|

DEBT SUMMARY

DEBT FINANCING

PRINCIPAL BALANCE (INITIAL FUNDING AT CLOSING)

LOAN TO PURCHASE PRICE

INTEREST RATE

MONTHS OF INTEREST ONLY PAYMENTS

(MONTHS)

OR ADJUSTABLE

PERIOD (YEARS)

to change before closing

18 | FINANCIAL ANALYSIS|
TERM
FIXED
AMORTIZING
$22,500,000 80.3% 4.45% 36 60 Adjustable 30 Subject

RETURN

INVESTMENT OVERVIEW

CAP

RATIO

OFFERING SUMMARY

ASSUMPTIONS

ON
IN-PLACE CAP REVERSION
EXPENSE
DSCR YEAR 1 PURCHASE PRICE HOLD TIME EQUITY REQUIRED EQUITY MULTIPLE AVERAGE ANNUAL RETURN* AVERAGE ANNUAL RETURN** INTERNAL RATE OF RETURN (IRR) BREAKEVEN OCCUPANCY 5.35% 6.0% 41% 1.30% $29,600,000 5 $8,100,000 2.05x 8% 21.11% 17.57% 57%
ANNUAL RENT ESCALATOR ANNUAL EXPENSE ESCALATOR 3% 2% FINANCIAL
19 | FINANCIAL ANALYSIS| *Excludes proceeds from sale, **Includes proceeds from sale

MARKET OVERVIEW 04

20 | MARKET OVERVIEW|

AERIAL OBLIQUE MAP

21 | MARKET OVERVIEW|

COLORADO SPRINGS, CO

1ST FASTEST GROWING CITY FOR MILLENNIALS

1ST MOUNTAIN CITY

TOP 5 JOB MARKET IN THE U.S

5TH BEST BIG CITY TO LIVE IN 5TH BEST ECONOMY IN THE NATION

1ST MID-SIZED AMERICAN CITIES

MOST DESIRABLE PLACE TO LIVE

COLORADO SPRINGS, COLORADO

Located just 60 miles south of Denver, Colorado Springs is the second-largest city in Colorado and is located in El Paso County, the secondmost populous county in the state of Colorado. Known for its natural attractions and mild climate, Colorado Springs experiences 300 days of sunshine annually. The community’s beautiful setting and high quality-of-life have helped to build a growing community of academic, government, high-tech, non-profit, and defense-related businesses.

A THRIVING METROPOLITAN AREA

Located one-hour south of Denver and 30 minutes north of Pueblo, Colorado Springs is home to over 717,000 people and is an easy commute for more than 3 million.

TOURISM

The city-owned Garden of the Gods Park is one of the area’s most popular recreation spots, and the famed Broadmoor hotel hosts thousands of tourists and vacationers monthly from all over the world. Other significant attractions include the U.S. Olympic Training Center, Cheyenne Mountain Zoo and Pikes Peak.

22 | MARKET OVERVIEW|

TOP 10 PRIVATE EMPLOYERS

23 | MARKET OVERVIEW|

The

Property Average Rent Per Square Foot

RENT COMPARABLES
The projected rents for Stratus Apartment Homes matches the comparable average of $1.21 rent per square foot. $1.06 $1.06 $1.14 $1.18 $1.20 $1.21 $1.28 $1.29 $1.32 $1.59 Mountain Ridge Stratus Apartment Homes Gardens at Hidden Creek Comp Average The Lofts at 1567 Esperanza Village ChateauCopperstone Central HeightsThe Park at Whispering Pines 24 | MARKET OVERVIEW| 1 2 3 4 5 6 7 8 9 10 Chateau Esperanza Village Stratus Apartment Homes
Lofts at 1567 The Park at Whispering Pines Central Heights Copperstone Gardens at Hidden Creek Mountain Ridge Comp Average 1973 1970 1975 1971 1968 1971 1965 1971 1973 50 111 216 60 207 176 124 124 280 1,348 100% 96% 92% 95% 94% 93% 90% 97% 93% 94% 1,223 873 923 813 873 580 800 649 658 781 $1,563 $1,053 $976 $957 $927 $923 $909 $858 $851 $946 $1.28 $1.20 $1.06 $1.18 $1.06 $1.59 $1.14 $1.32 $1.29 $1.21 # PROPERTY NAME YEAR BUILT # OF UNITS OCCUPANCY AVG SF RENT $/SF

PORTFOLIO AND CASE STUDIES 05

25 | PORTFOLIO AND CASE STUDIES|

LINCOLN

APARTMENTS

BUSINESS PLAN

The overall goal with Lincoln Springs is to improve the property operations through a variety of renovations and cost-cutting measures that will both generate profit during the ownership period and drive appreciation of the asset for capital gains upon sale.

• Replacing all roofs immediately using an existing insurance claim

• Professionally manage the property for economic occupancy

• Drive value for current and future tenants through landscaping upgrades and interior renovations

Increase asking rents by an average of 7%

SPRINGS
CLASS CONSTRUCTED LOCATION UNITS PURCHASE PRICE C 1974 Colorado Springs, CO 180 $19,500,00 PROPERTY DETAILS Property closed June 2019. On track to deliver a 2.0x equity multiple within 5 years. 26 | PORTFOLIO AND CASE STUDIES|

THE

BUSINESS PLAN

VUE AT CHAPEL HILLS
• True value-add opportunity, significant management challenges under previous ownership • Rebranded asset as “The Vue @ Chapel Hills” while creating a stronger reputation • Bring unit types up to quality of surrounding assets at $4,500 per unit • Update landscaping and provide additional amenities including a dog park, playground, grill station, and community garden Property closed October 2018. On track to deliver a 2.0x equity multiple within 5 years. CLASS CONSTRUCTED LOCATION UNITS PURCHASE PRICE C 1967 Colorado Springs, CO 64 7.55m PROPERTY DETAILS 27 | PORTFOLIO AND CASE STUDIES|

NORTHERN CROSS APARTMENTS

BACKGROUND/MARKET

not

BUSINESS PLAN

with Ashcroft

with substantial value-add

any classic

of the

rental revenue with renovations of

community

for

with

100% value-add

as well as implement numerous

out capital event (supplemental, refinance) in years

• Life Bridge Capital partnered
Capital to purchase this Institutional-quality asset
component • Seller did
renovate
units, leaving
potential
• Reposition the demographic
asset
luxury amenities • Boost
all units • Modernize
amenities
revenuegenerating options
tenants • Seek
2-3 Property closed November 2018. Projected annual CoC returns over 8% and an IRR of 16.1% over a 5-year hold. CLASS CONSTRUCTED LOCATION UNITS PURCHASE PRICE B+/A2001 Fort Worth 398 $48.6m PROPERTY DETAILS 28 | PORTFOLIO AND CASE STUDIES|

LAS COLINAS

PROPERTY OVERVIEW

MARABELLA AT
• Life Bridge Capital, partnered with Ashcroft Capital, leveraged broker/ seller relationships to acquire off market • True value-add opportunity. Large spacious complex with rents at bottom of market • Rebranded asset “Eleven600” while creating stronger reputation • Bring unit interiors up to quality of surrounding assets at $6,500/unit CLASS CONSTRUCTED LOCATION UNITS EQUITY MULTIPLE IRR PURCHASE PRICE B 1989 Las Colinas 415 2.27x 19.8% $61,750,000 PROPERTY DETAILS Property closed March 2019. On track to deliver a 2.27x equity multiple within 5 years. 29 | PORTFOLIO AND CASE STUDIES|

ADDENDUM

06 30 | ADDENDUM|

ASSET MANAGEMENT TEAM

LIFE BRIDGE CAPITAL LLC

Seeks multifamily acquisitions appropriate for institutional and high net worth funds. Life Bridge Capital prides itself in identifying comparatively low-risk investments that have excellent revenue growth potential. The mission is to preserve and grow investor capital though a conservative acquisition strategy and a hands-on asset management approach. It is of utmost importance to deliver a solid current return to investors while implementing a specific business plan designed to add value to the property.

SAM RUST

A lifelong learner, Sam Rust is the founder of VGI Capital. Sam graduated Thomas Edison State University in 2009 with a BSBA in Business Management, currently lives in Colorado with his wife and 4 daughters, and has been active in commercial real estate since 2017. He currently manages a portfolio of properties in Colorado with value in excess of $30 million.”

WHITNEY SEWELL

Life Bridge Capital LLC is owned and operated by Whitney Sewell, a real estate investor who began his real estate investing career back in 2009. Life Bridge Capital has invested in over 1150 doors and currently has 250 units under management. The company works with investors, helping them improve their investment returns via the exceptional opportunities that multifamily syndication offers. Whitney has always had a passion for both real estate and helping others, and Life Bridge Capital LLC affords him the opportunity to do both, while also funding a very important cause that has become deeply personal.

31 | ADDENDUM|

IMPORTANT NOTICES AND DISCLOSURES

This document is confidential and may not be reproduced or redistributed. The information presented herein has been prepared for informational purposes only and is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or fund interest or any financial instrument and is not to be considered investment advice. This presentation is for institutional use only and is not to be distributed to any party other than its intended recipient.

The following materials present information regarding a proposed creation of a special purpose vehicle (the “Issuer”) which would offer securities (the “Securities”) to finance its acquisition of a portfolio of financial assets to be selected and managed by the portfolio manager referred to herein (the “Manager”). These materials have been prepared to provide preliminary information about the Issuer and the transactions described herein to a limited number of potential underwriters of the Securities for the sole purpose of assisting them to determine whether they have an interest in underwriting the Securities.

The views and opinions expressed in this presentation are those of Life Bridge Capital LLC (“Life Bridge Capital”) and are subject to change based on market and other conditions. Although the information presented herein has been obtained from and is based upon sources Life Bridge Capital believes to be reliable, no representation or warranty, expressed or implied, is made as to the accuracy or completeness of that information. No assurance can be given that the investment objectives described herein will be achieved. Reliance upon information in this material is at the sole discretion of the reader.

This data is for illustrative purposes only. Past performance of indices of asset classes does not represent actual returns or volatility of actual accounts or investment managers, and should not be viewed as indicative of future results. The investments discussed may fluctuate in price or value. Investors may get back less than they invested.

The forward-looking information contained in these materials is subject to certain inherent limitations. Such information is information that is not purely historical in nature and may include, among other things, expected structural features, anticipated ratings,

proposed or target portfolio composition, proposed diversification or sector investment, specific investment strategies and forecasts of future market or economic conditions. The forward-looking information contained herein is based upon certain assumptions, which are unlikely to be consistent with, and may differ materially from actual events and conditions. In addition, not all relevant events or conditions may have been considered in developing such assumptions. Accordingly, actual results will vary and the variations may be material. Prospective investors should understand such assumptions and evaluate whether they are appropriate for their purposes. These materials may also contain historical market data; however, historical market trends are not reliable indicators of future market behavior.

Information in these materials about the Manager, its affiliates and their personnel and affiliates and the historical performance of portfolios it has managed has been supplied by the Manager to provide prospective investors with information as to its general portfolio management experience and may not be viewed as a promise or indicator of the Issuer’s future results. Such information and its limitations are discussed further in the sections of these materials in which such information is presented.

Past performance of indices or asset classes does not represent actual returns or volatility of actual accounts or investment managers and should not be viewed as indicative of future results. The comparisons herein of the performances of the market indicators, benchmarks or indices may not be meaningful since the constitution and risks associated with each market indicator, benchmark, or index may be significantly different. Accordingly, no representation or warranty is made to the sufficiency, relevance, importance, appropriateness, completeness, or comprehensiveness of the market data, information, or summaries contained herein for any specific purpose.

Past performance is not indicative of comparable future results. Given the inherent volatility of the securities markets, it should not be assumed that investors will experience returns comparable to those shown here. Market and economic conditions may change in the future producing materially different results than those shown here. All investments have inherent risks.

The following information is an investment summary provided to prospective investors and others. This information is not an offering to sell either a security or a solicitation to sell a security. At the request of a recipient, the Company will provide a private placement memorandum, subscription agreement, and the Limited Liability Company Operating Agreement. The Managing Member in no way guarantees the projections contained herein. Real estate values, income, expenses, and development costs are all affected by a multitude of forces outside the Managing Member’s control. This investment is illiquid and only those persons that are able and willing to risk their entire investment should participate. Please consult your attorney, CPA and/or professional financial adviser regarding the suitability of investment by you.

32 | ADDENDUM|
33 | EXECUTIVE SUMMARY| Contact Us A Leading Multifamily Investment Firm Whitney Sewell Sam Rust whitney@lifebridgecapital.com 540-585-4338 sam@lifebridgecapital.com 720-230-6804
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