BUILDING SUCCESS. Company Overview www.venturerealestatecompany.com 513-407-9123 info@venturerealestatecompany.com
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.
Venture Real Estate Co. Venture Property Management Focuses on analyzing and acquiring properties in our target markets. Business Development, Market and Acquisition Analysis, Financing, Equity and Debt Placement. Full service asset management and construction company specializing in multifamily properties. Co-Principals Steven Rice, CPM More than 9 years real estate investment and finance experience. Oversees the company s business development and financial operations. Matthew Henderson, CPM More than 11 years real estate investment and management experience. Oversees the company s business development, construction and management operations. Founded Headquarters Websites Formalized Partnership in March of 2013. 2160 Karla Avenue, Suite #3 Cincinnati, OH 45211 www.venturerealestatecompany.com www.venturepropertymanagement.com
Venture Real Estate Co. Assets Current Portfolio: 284-Units Current Portfolio Value: $10 Million + Total Transactions: 637-Units Total Transaction Value: $15.3 Million Strategic Financial Partners People s First Savings Bank US Bank Town Square Bank CinFed Credit Union Investment Criteria Project/Asset ROI Goal: Cash-on-Cash Return (CCR): 15% + Internal Rate of Return, Year 5 (IRR): 20% + Investor ROI Goal: Cash-on-Cash Return (CCR): 8% + Internal Rate of Return, Year 5 (IRR): 12% + Target Markets Increasing demographic trends (population) Consistent job growth Location: close proximity to public transportation, shopping, schools, interstate, etc. B and C locations High barriers to entry for new supply Low overall crime rate
Investment Strategy Preservation & Growth Dual Goals: Capital Preservation & Capital Growth Risk Minimization Processes, Legal & Ownership Structure, Tax Minimization, Insurance Structure, Value Add & Improvement Techniques, Management Methods, Maintaining Liquidity, and Strategic Debt Placement. Venture Investment Strategy Cycle: Step #1: Target an Underperforming Property. Step #2: Acquisition and Property Analysis, Due Diligence, Underwriting. Step #3: Negotiation and Acquisition. Step #4: Redevelopment, Renovation, and Physical Improvement to the Property. Step #5: Repositioning, Rebranding, Increase Occupancy, Improve Tenant Base, Implement Stronger Lease Terms, Increase Rental Rates, Decrease Expenses. Step #6: Implement Proven Management Methods and Services. Step #7: Improve Net Cash Flow, Stabilize Property, and Increase Property Value. Step #8: Cash Out Refinance and/or Sell the Property. Step #9: Return up to 100% of the Invested Capital (if refinanced) and Profit Share (if sold) to the Investors/Members. Step #10: Reinvestment of Capital and Profit Share. (Optional)
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 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
Competitive Advantages Brand: Venture Brand: Building Success, Making Luxury Affordable, and Core Values. Investment Strategy: Accomplishes the dual goals of Capital Preservation and Capital Growth. Investment Criteria: Stringent Investment Criteria Operations: Detailed accounting and bookkeeping Proven systems and management processes Owner - Manager Focused: 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) 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.