Ten Years of Empowering Investors
See the track record of investments made on the envisionpropertiesgroup Platform.
Information as of ${totalPropertyValueDate} and subject to the Disclaimers and Defined Terms below *
Overall Track Record
$${totalRealizedInvestmentAmt}
Total Realized Investment Amount
${totalRealizedInvestments}
Total Realized Investments
${overallRealizedIrr}%
Overall Realized IRR
${overallTargetIrr}%
Overall Target IRR
Track Record by Investment Type
Real estate investments can be financed through several structures within the capital stack.
EQUITY SYNDICATIONS
${equitySyndicationsAvgRealizedIrr}%
Avg Realized IRR
${equitySyndicationsAvgTargetIrr}%
Avg Target IRR
${equitySyndicationsRealizedInvestments}
Realized Investments
$${equitySyndicationsInvestmentAmt}
Realized Investment Amount
Investors in Equity Syndications (sometimes called joint venture equity) own an interest in an entity (usually an LLC) that invests in the equity portion of a property.
RESIDENTIAL DEBT
${residentialDebtAvgRealizedIrr}%
Avg Realized IRR
${residentialDebtAvgTargetIrr}%
Avg Target IRR
${residentialDebtRealizedInvestments}
Realized Investments
$${residentialDebtInvestmentAmt}
Realized Investment Amount
Investors lend capital to finance the purchase, renovation, and resale of single-family homes. The investors earn interest in return for lending their money.
EQUITY FUNDS
${equityFundsAvgRealizedIrr}%
Avg Realized IRR
${equityFundsAvgTargetIrr}%
Avg Target IRR
${equityFundsRealizedInvestments}
Realized Investments
$${equityFundsInvestmentAmt}
Realized Investment Amount
Investors own an interest in a pooled investment vehicle (usually an LLC) that invests in the equity portion of a portfolio of properties.
FIXED INCOME
${fixedIncomeAvgRealizedIrr}%
Avg Realized IRR
${fixedIncomeAvgTargetIrr}%
Avg Target IRR
${fixedIncomeRealizedInvestments}
Realized Investments
$${fixedIncomeInvestmentAmt}
Realized Investment Amount
Investors lend capital or invest in preferred equity to finance the purchase of certain commercial real estate assets. The investors earn fixed interest or coupon payments on a regular schedule. Fixed Income structures include senior debt, mezzanine debt, and preferred equity.
Performance of Equity Syndications by Investment Strategy
VALUE-ADD
${valueAddAvgRealizedIrr}%
Avg Realized IRR
${valueAddAvgTargetIrr}%
Avg Target IRR
${valueAddRealizedInvestments}
Realized Investments
$${valueAddInvestmentAmt}
Realized Investment Amount
Value-add commercial real estate investments typically target the acquisition of properties that have in-place cash flow, and seek to increase property value by driving higher net operating income through renovating the property, re-leasing units at higher rates, and reducing expenditures. Once the operator has successfully increased the net operating income at the property, the operator typically seeks to capture the resulting appreciation in value through the ultimate sale of the property.
CORE-PLUS
${corePlusAvgRealizedIrr}%
Avg Realized IRR
${corePlusAvgTargetIrr}%
Avg Target IRR
${corePlusRealizedInvestments}
Realized Investments
$${corePlusInvestmentAmt}
Realized Investment Amount
Core-plus investments typically target stable, well-occupied properties in desirable locations. Owners may seek to increase cash flow through light improvements and optimizing operational efficiencies.
DEVELOPMENT
${developmentAvgRealizedIrr}%
Avg Realized IRR
${developmentAvgTargetIrr}%
Avg Target IRR
${developmentRealizedInvestments}
Realized Investments
$${developmentInvestmentAmt}
Realized Investment Amount
Development investments typically refer to the ground-up construction of a new structure on raw land or the re-development of an existing structure. The properties usually have little to no in-place cash flow at the time of acquisition and frequently have the most complicated business plans.
* DEFINED TERMS
Please carefully review all Defined Terms herein. All information and any calculations used herein is based on information from inception through ${totalPropertyValueDate}.
The terms used above are defined as follows:
The terms used above are defined as follows:
- Total Realized Investment Amount: The amount invested in all Equity Syndication, Equity Fund, Fixed Income, and Residential Debt investments for which the underlying asset(s) and all amounts available for distribution have been paid, and/or all interest and principal amounts have been paid, as applicable, in accordance with the terms of the relevant investment (gone “Full Cycle”), excluding all Excluded Investments.
- Total Realized Investments: Total number of all Equity Syndication, Equity Fund, Fixed Income, and Residential Debt investments that have gone Full Cycle, excluding all Excluded Investments.
- Overall Realized IRR: The Average Realized IRR, as defined below, for all Equity Syndication, Equity Fund, Fixed Income, and Residential Debt investments that have gone Full Cycle, excluding all Excluded Investments.
- Overall Target IRR: The Average Target IRR, as defined below, for all Equity Syndication, Equity Fund, Fixed Income, and Residential Debt investments that have gone Full Cycle, excluding all Excluded Investments.
- Average Realized IRR: The weighted average of each individual investment’s realized Internal Rate of Return (“IRR”) based on the relevant individual investment’s related investment amount in either Equity Syndication, Equity Fund, Fixed Income, or Residential Debt investments, or an investment strategy thereof, as applicable, that have gone Full Cycle, excluding all Excluded Investments. IRR for each individual investment is calculated using the “XIRR” function in Microsoft Excel based on the relevant investment amount, distributions to investors (inclusive of any taxes paid on behalf of the relevant entity), the effective investment date(s), the quarter end dates for which the distributions are related to, and the property sale date.
- Average Target IRR: The weighted average of each individual investment’s proforma IRR based on the relevant individual investment’s related investment amount in either Equity Syndication, Equity Fund, Fixed Income, or Residential Debt investments, or an investment strategy thereof, as applicable, that have gone Full Cycle, excluding all Excluded Investments.
- Realized Investments: The number of either Equity Syndication, Equity Fund, Fixed Income, or Residential Debt investments, or an investment strategy thereof, as applicable, that have gone Full Cycle, excluding all Excluded Investments.
- Realized Investment Amount: The amount invested in either Equity Syndication, Equity Fund, Fixed Income, or Residential Debt investments, or an investment strategy thereof, as applicable, that have gone Full Cycle, excluding all Excluded Investments.
- Equity Syndication: Investments in which investors own a direct or indirect (usually through an interest in an LLC) equity interest in a relevant real estate asset(s), but not including Equity Funds, as defined below. Includes all such investments that have gone Full Cycle, excluding all Excluded Investments.
- Residential Debt: Investments in which investors typically earn interest payments in return for lending capital to finance the acquisition and improvement/renovation of a single-family home with the intent to sell the improved asset. Includes all such investments that have gone Full Cycle, excluding all Excluded Investments.
- Equity Funds: Investments in a pooled investment vehicle that invests in the equity portions of a portfolio of real estate assets. Includes all such investments that have gone Full Cycle, excluding all Excluded Investments.
- Fixed Income: Investments in which investors typically earn fixed payments in return for lending capital (e.g., senior debt or mezzanine debt) or investing in preferred equity in connection with the acquisition or refinance of commercial real estate (e.g., multifamily, student housing, office, industrial, hotel, self-storage, retail, etc.,). Includes all such investments that have gone Full Cycle, excluding all Excluded Investments.
- Excluded Investments: All of the following: (i) REIT Investments, as defined below, (ii) certain loans originated for sale, which include whole, non-fractionalized loans sold to institutional buyers; (iii) certain investments that were exclusively Section 1031 like-kind exchange investments offered and managed by unaffiliated third parties; and (iv) 45 investments for which we have incomplete return metrics.
- REIT Investments: Investments by the envisionpropertiesgroup Income REIT, LLC or the envisionpropertiesgroup Apartment Growth REIT, Inc., including any portion of any REIT investment in a relevant investment where either REIT was a co-investor.