The Alternative Asset
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Diligence Intelligence
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Edward Fernandez - President & CEO
Contact@1031CFproperties.com
(844) 500-1031
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COVENANT SENIOR HOUSING REIT
REIT
Senior Housing
Memory Care & Assisted Living
Investment Strategy: Our investment strategy is to invest primarily in senior housing facilities in order to serve the needs of the aging baby boomer generation and to a lesser extent, invest in other rental housing types, including, but not limited to, single family homes for rent and residential apartment communities for rent in order to compliment our portfolio to serve the growing, countercyclical population of people priced out of the homeownership market, all to be leased on short term leases that mark to market quickly during times of inflation to help us increase our net asset value ("NAV") during inflationary economic conditions.
Key Variables:
Key Fund Data:
Distribution: 8% Monthly |
Minimum: $5,000 |
Tax Reporting: 1099 DIV |
Management Fee: 1.2% AUM |
Assets in Fund: 6 |
Rent Growth: Market |
Rep Commission: 5% |
Exemption: 506(c) |
Fund Term: Perpetual |
Building Age(s): 16 Years Average |
Locations: OK, OR (2), TX, CA, ID |
Redemptions: 5% Quarterly NAV |
Debt Terms: * |
Debt Maturity Dates: ** |
DSCR: |
UBTI: Possible |
Transfer Agent: Internal |
E Sub Docs: Fillable PDF |
Audited Financials: Annual |
*Debt Terms:
Hillsboro - 7.15% IR, Amortization schedule 25 years, Term 5 Years
Bandon - 6.50% IR, Amortization schedule 25 years, Term 10 Years
Rancho Cucamonga - 7.15% IR, Amortization schedule 25 years, Term 5 Years
Aspen Valley - 7.00% IR, Amortization schedule 30 Years, Term 5 Years
Edmond & Rowlett ($11.5M)- 5.50% IR, Amortization schedule 28.5 Years, Term 7.5 Years
Edmond & Rowlett ($2M) - 7.50% IR, Amortization Schedule, 25 Years, Term 6 Years
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**Debt Maturity Dates:
Hillsboro - 8/22/2028
Bandon - 9/10/2033
Rancho Cucamonga - 8/22/2028
Aspen Valley - 12/6/2033
Edmond & Rowlett ($11.5M) - 1/16/2032
Edmond & Rowlett ($2M) - 6/10/2030
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Fund Fees:
Key Sponsor Data:
1031 CF Properties is a wholly owned subsidiary of 1031 Crowdfunding. 1031 Crowdfunding is a private equity real estate investment and asset management firm. Their team has extensive experience with more than $1.5 billion in diverse real estate investments spanning all major real estate sectors and capital markets experience, including more than $550 million in direct senior housing real estate investments. With more than $2.1 billion in securities sold, the team also has collective experience with a variety of investment structures.
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1031 CF Properties and 1031 Crowdfunding have significant current and past real estate experience, including sponsoring 14 real estate programs and 15 senior housing facilities across nine states.
AUM: $17 M |
Audited Financials: 2 Years |
Distributed to Investors: $33 M |
Sponsor Report: Mick Law |
This material is designed for marketing purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities. The securities offered pursuant to the PPM have not been registered under the Securities Act or any applicable state securities laws. Neither the SEC nor any state regulatory authority has passed upon the adequacy or accuracy of the information contained herein or endorsed the merits of this offering. Information contained herein is subject to change and is qualified in its entirety by the PPM.
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Securities are offered through Capulent, LLC, member FINRA / SIPC.