BUILDING SUCCESS. Company Overview

Transcription

1 BUILDING SUCCESS. Company Overview

2 Philosophy Vision, Mission, Values Building Success. At Venture, success is not simply a goal; it is a way of life and a mindset that forms the foundation for a life of prosperity. Venture is a company comprised of Team Members, Stakeholders, and Investors who serve our Residents and our communities. We believe in loving where you live, doing what you love, and providing a legacy for your loved ones. We are Venture Real Estate Co. and we are Building Success. Our Vision is to be a leading organization in the real estate investment and management industry. Our Vision is achieved by providing the most desirable real estate in the communities we serve, giving our Team Members the opportunity to create a prosperous future, and rewarding our Investors with the preservation and growth of their investment capital. Our Mission is to create the most desirable living experience for our Residents by improving properties and the communities we serve, while exceeding our Investor expectations. Integrity Be just and honest. Excellence Be great and deliver results. Quality Be the best and provide the best. Adaptability Be successful in changing environments. Discipline Be dedicated to the mission.

3 Venture Real Estate Co. Focuses on analyzing and acquiring properties in our target markets. Business Development, Market and Acquisition Analysis, Financing, Equity and Debt Placement. Venture Property Management Full service asset management and construction company specializing in multifamily properties. Principals Steven Rice, CPM More than 10 years of real estate investment and management experience. Oversees the company s business development and financial operations. Matthew Henderson, CPM More than 12 years of real estate investment and management experience. Oversees the company s business development, construction and management operations. Robert Hendricks, MBA More than 12 years of business ownership and investing experience. Oversees the company s business development, marketing and investor relations.

4 Founded Headquarters Websites Venture Real Estate Co. Assets Strategic Financial Partners Investor ROI Goal Average Investor ROI Investment Criteria & Target Markets Formalized Partnership in March of Karla Avenue, Suite #3 Cincinnati, OH Current Portfolio: 329-Units Current Portfolio Value: $13 Million + Total Transactions: 706-Units Total Transaction Value: $18 Million + People s First Savings Bank US Bank Town Square Bank CinFed Credit Union Cash-on-Cash Return (CCR): 8%+ Internal Rate of Return (IRR): 12%+ Project Timeframe: 5 Years Return-on-Investment (ROI): 87% Internal Rate of Return (IRR): 34% Project Timeframe: 2 Years Value-Add Multifamily Apartment Buildings Extremely Selective: 100:1 Ratio Investor IRR Year-5: 12%+ Increasing demographic trends (population) Consistent job growth Location: close proximity to public transportation, shopping, schools, interstate, etc. High barriers to entry for new supply Low overall crime rate

5 Investment Strategy & Cycle Capital Preservation & Capital Growth Every investor s goal: minimize downside risk and maximize upside opportunity. Venture Real Estate Co. controls risk and maximizes opportunity by: Buying Right Financing Right Managing Right Investment Strategy Cycle: 1. Identify: Target an Underperforming Property, Preliminary Analysis and Pro Forma, Secure Property. 2. Acquire: Property Analysis, Due Diligence, Underwriting, Negotiation, Acquisition and Financing. Private Placement Memorandum, Investor Subscriptions, LLC Operating Agreement and Buy-Sell Agreement. Contribute Investment Capital. 3. Stabilize: Redevelopment, Renovation, and Physical Improvement to the Property. Reposition, Rebrand, Increase Occupancy, Improve Tenant Base, Increase Rental Rates, Decrease Expenses, and Stabilize Property. Partner Distributions and Cash Flow start. 4. Optimize: Implement Proven Management Methods, Procedures and Services. Improve Net Cash Flow, Optimize Property Performance, and Maximize Property Value. Distributions and Cash Flow continue to increase. 5. Exit: Cash Out Refinance and/or Sell the Property. Return up to 100% of the Invested Capital (if refinanced) and Profit Share (if sold) to the Investors.

6 Overview of Services Identifying Potential Projects Feasibility Reviews: Market & Location Analysis, Legal/Political Analysis, Financial Analysis, etc. Exit Strategy Plan Development Project/Management Plan Development Negotiations & Property Acquisition Debt Sponsors/Guarantors Debt Placement & Structuring Project/Management Plan Implementation Budgetary Planning & Financial Reporting Budget vs. Actual Variance Analysis Property and Staff/Team Performance Analysis Staff Management (Recruiting, Ongoing Training and Management) Cash & Reserves Management Ownership Distribution Administration Payroll Administration Accounting & Bookkeeping Maximizing Partnership Tax Advantages Company Tax Return Preparation Ongoing Asset Management Compliance Monitoring Exit Strategy Implementation Continuing Education & Accreditation Courses Maintaining & Creating Vendor Relationships Political Action Committee (PAC) Contributions Investor Relations

7 Competitive Advantages Our Standard: Be The Best: Our Resident Satisfaction is #1. Our Communities are the best Properties in the markets we serve. Our Investment Strategy: Accomplishes the dual goals of Capital Preservation and Capital Growth. Buy Right, Finance Right, Manage Right. The 5 Step Investment Strategy Cycle. Our Investment Criteria: Stringent Investment Criteria Extremely Selective: 100:1 Ratio IRR Year-5: 12% + Our Focus: Owner - Manager: Managing assets from an owner s perspective rather than a management company s. Company Affiliations Greater Cincinnati Northern Kentucky Apartment Association (GCNKAA) National Apartment Association (NAA) Institute of Real Estate Management Chapter 9 (IREM9) Institute of Real Estate Management (IREM) National Association of Realtors (NAR) Disclaimer: This overview is limited descriptive material in regards to investing with Venture Real Estate Co. The use of this material is authorized only for those to whom it is originally provided. This overview may not be reproduced in whole or in part, and it may only be distributed and disclosed to the prospective investors to whom it is provided. This is not an offer to sell a security. An offer can only be made through a complete Private Placement Memorandum. You should not consider any information in this overview to be legal, business, or tax advice. You should consult your own attorney, financial advisor, and tax advisor before investing with Venture Real Estate Co.