For more information about the Previa Southwest Opportunity the fund please contact us.

The fund will form single asset LLC’s to be formed for each investment as subsidiaries of the fund. Canadian investors will be welcome to acquire with the fund at significant discounts to replacement costs within the Southwest; Phoenix, Arizona, Nevada, and Utah.

Anticipated Capital Commitment:

U.S. currency $7 – $10 million – targeted closing by January 31, 2013. Minimum $3M raised before the fund will deploy any capital.

 

Time Frame:

Investment timeline of up to three to five years.

 

Returns & Distributions:

Preferred returns of 8% to investors. 80% to investors, 20% to manager. Proportionate distributions made to investors at year end.

Manager Fees:

• Start up fees – for accounting and legal (estimated at $25,000).
• Acquisition fees paid to manager of 2% per deal for acquisition and due diligence.
• Asset management of each individual investment – approximately 2 to 4% management fees on asset gross income.
• Disposition fees of 2%