Consilium Multifamily Opportunity Fund, LLC
Invest in Multifamily Real Estate
v scroll down to learn more v
Unless we see a drastic shift in the economic climate, Class B and C multifamily housing will have the greatest potential for high returns in 2017 and well into 2018.
Consilium Multifamily Opportunity Fund, LLC (the “Company” or the “Fund”) was formed for the purpose of acquiring and managing multifamily real estate assets. The Company will seek to acquire and manage real estate assets with the intention of providing participating investors a real estate focused investment opportunity that combines income, principal investment growth, and elements of capital preservation. The Fund is managed by Consilium Group, LLC (the “Fund Manager”), a Texas company that specializes in real estate asset acquisition and management. The Fund has also assembled an Advisory Board (the “Board”) composed of experienced professionals with backgrounds in asset management, multifamily real estate investment, commercial banking, real estate law, and professional accounting, to provide guidance and advice to the Fund Manager. Collectively, the Fund Manager and the Board are referred to as the Management Team. The Fund is capitalized with two classes of equity units. Class A units are owned by investors and Class B units which are owned by The Fund Manager, certain employees and Board members.
The Fund’s primary focus is creating and maintaining investor wealth through alternative real estate investment strategies. The Management Team’s collective abilities provide an advantage over investing individually by allowing the Fund to quickly and efficiently address any real estate acquisition, property management and asset improvements that may arise. The Fund’s ability to invest with aggregated capital also provides greatly enhanced negotiation leverage compared to investors who raise capital after finding properties to acquire and are essentially marketing a transaction.
The Fund intends to acquire select small balance real estate assets (generally considered to be properties with up to 400 units). By investing in a Fund with an experienced and diverse management team, investors are also freed from the complexities and time required for individual property ownership while still enjoying the benefits of having exposure to the asset class. Some investors may also see additional benefits based on recent tax law change. (Please consult with your accountant or advisor for additional information)
The Fund’s management team has identified compelling market opportunities for the acquisition of multifamily assets in markets with high growth potential. This document will outline the Fund’s strategies for executing on these opportunities and some pertinent details regarding investment in the Fund’s securities.
"Experts assert millennials are interested in homeownership, but are too laden with debt to pursue it. Their interest in owning a home will become more apparent as they continue to age, pay off debt, get married and start families — but this is still a long way off for the majority of the generation. "
The Fund intends to acquire select small balance real estate assets (generally considered to be properties with values less than $10,000,000). The Fund Manager believes this approach provides many benefits.
By investing in a Fund with an experienced and diverse management team, investors are also freed from the complexities and time required for individual property ownership while still enjoying the benefits of having exposure to the asset class.
The Fund will pursue investments by utilizing the expertise of the Management Team in acquiring and managing compelling multifamily assets that meet the Fund’s asset acquisition criteria. The Fund may also target certain off-market, bank owned non-performing multifamily assets to achieve attractive risk-adjusted returns. When possible, The Fund will target investment opportunities in the primary target markets of Houston, Dallas, and San Antonio (the “Target Markets”), but will also employ a “go anywhere” approach to providing value to the fund investors on a case by case basis.
In the opinion of the Fund Manager, the Texas multifamily real estate markets of Houston, Dallas (DFW), and San Antonio provide a compelling opportunity for the purchase, management, and disposition of undervalued and distressed multifamily real estate assets. The Management Team’s diverse background provides the Fund the capability to accurately evaluate acquisition opportunities with the intent to rehabilitate the asset, engage in a reposition and lease-up, and then ultimately sell the improved asset for a net gain.
However, the Fund is not constrained to these markets alone and will seek attractive investment opportunities wherever they may be located. The Management Team utilizes a combination of their professional experience, proprietary research and third party research to make investment decisions for the fund.
The Company is currently managed by seasoned business and sector professionals dedicated to the success of the Company and efficient execution of its planned operations
The Company has established a Board of Advisors, which includes highly qualified business and industry professionals. The Board of Advisors will assist the Management team in making appropriate decisions and taking effective action; however, the Board of Advisors will not be responsible for Management decisions and has no legal or fiduciary responsibility to the Company. Currently there are four members of the Board of Advisors:
In addition to the wealth of experience of our diversified Board, Consilium has partnered with key industry alliances to provide a comprehensive team service providers focused on maximizing efficiency and quality for our investors.
Consilium Multifamily Opportunity Fund, LLC (the “Company” or “Consilium”), a Texas Company, is offering a minimum of 2,500 and a maximum of 50,000 Class A Membership Units for $1,000 per unit.
The Class A Units sold through this Offering shall participate in distributions of the net cash flow from operations after all reserves on the following schedule and terms; (i) a distribution, if available, equal to an annual eight percent (8%) non-compounding cumulative Preferred Return Distribution (the “Preferred Return”) distributed to Units monthly if possible, but at a minimum quarterly and calculated based on the Units invested capital contributions and; (ii) a distribution to the Class A Units on a pari passu basis equaling seventy percent (70%) of any additional net cash flow from operations with the Class B Unit holders participating in thirty percent (30%) of net profit. The Manager of the Fund, in its sole discretion, may reinvest any proceeds from the sale or refinance of assets prior to 12/31/2021.
Net profit from the sale or refinance of assets after 12/31/21 shall be distributed on the following schedule and terms; (i) one hundred percent (100%) of net profit to the Class A Units until such time as invested capital contributions have been repaid; (ii) and one hundred percent (100%) of net profit to the Class A Units until such time as any accrued Preferred Return is paid and; (iii) remaining net profit will be distributed seventy percent (70%) to the Class A Units and thirty percent (30%) to the Class B Units.
The Consilium Multifamily Opportunity Fund, LLC 506(c) Investor Portal provides the opportunity for you to become approved as a “prospect", and learn more about our investment opportunity. You will have:
We will upgrade your account to “Investor” level access, which provides all of the prospect level access and: