INTEREST WILL BE PAID EACH MONTH UNTIL BONDS ARE REDEEMED
4% INTEREST PAID AT TIME OF REDEMPTION - $2,000 ACCRUED EACH YEAR UNTIL REDEMPTION
ADDITIONAL INVESTMENT INFORMATION
PROPERTY VALUE: THE MARKET EVALUATION AND MARKET STUDIES REFLECT A VALUE OF $18,400,000 UPON COMPLETION AND RENT STABILIZATION
SECURED: A TRUST DEED WILL BE EXECUTED IN FAVOR OF THE DEBENTURE HOLDERS. THE APPRAISED VALUE OF THE PROPERTY WILL ALWAYS BE GREATER THAN ANY DEBT
ACCESS DETAILS AND "OFFERING DOCUMENTS" BELOW.
Full and complete details of the Offering are available to all potential investors in compliCommission-Regulation D.
"401K and IRA ACCOUNTS INVESTORS" - - A short time ago, Congress passed the JOBS Act which allowed investors with 401K and IRA accounts to invest in Private Placement Offerings; conditional that the Offeree provides the Investor with complete information that would allow the prospective investor to make an informed decision about the investment. Each Private Placement Offeree must also file and register their Offering with the Securities & Exchange Commission which requires every Offering Memorandum to meet the Federal standards. Further, the Securities & Exchange Commission’s, Regulation D requires the investor meet a certain level of sophistication that qualifies him or her as an “accredited” investor. Please click this link below to directly download the Offering Memorandum: