A Single Family Rental Housing Portfolio Investment. 8% targeted preferred return, distributions quarterly and a projected 15%, 5- year IRR.
|Targeted Investor IRR:||15%+|
|Investor Preferred Return:||8%|
|Targeted Investment Period:||Open Ended|
|Redemption Rights:||Available after 2 years|
|Property Type:||Single Family Homes, Duplexes, Quads|
|Distribution Commencement:||Oct, 2020|
|Projected next 12 month cash flow:||4.0% - 6.0%|
PEAK HOUSING REIT, YOUR PATHWAY TO CONSISTENT INCOME AND APPRECIATION WITH SINGLE FAMILY RENTALS
The PEAK Housing REIT provides investors access to stable dividend income and share price appreciation through a portfolio of single family rental homes and newly constructed Build for Rent communities in the Dallas Ft. Worth Metroplex and neighboring Texas Cities.
THE PEAK GROUP
We believe Single Family Rentals are the best real estate investment for income and wealth generation. Over the last 20 years we have built a vertically integrated company that has transacted more than $100MM in single family rentals. We invest in SFR because we believe it is the best place for our own capital. That is why we are investing over $4 million of our own money alongside investors in this REIT.
Delivering stable dividend income and share price appreciation
8% targeted preferred return, distributed quarterly, and a projected 15%, 5-year IRR
Dividends are shielded by depreciation
The REIT utilizes accelerated depreciation after constructing new Build for Rent communities, mostly offsetting the rental income produced. This results in nearly tax-free cash flow from the REIT.
This is the best investment to gain exposure to single family rentals
An existing portfolio of homes creates consistent dividends while wholesale acquisitions and Build for Rent communities provide share price appreciation.
Investors choose their investment time horizon
Structured as an open ended REIT, investors can reinvest dividends to enjoy compounded returns, and request redemption on a biannual basis.
Demand is here, and it is increasing faster than ever
Household formations are the fundamental driver of housing demand. An estimated 6.6 million total households are expected to be created over the next 5 years in the United States.
More households are choosing to rent
From Millennials who favor flexibility and are saddled with debt, to Baby Boomers looking to downsize and reduce expenses, Single Family Rentals are growing in demand.
COVID has accelerated demand for Single Family Rentals
Single Family Rental Homes provide households more space. During COVID, the Peak portfolio leased faster than ever before, and achieved 98% occupancy as well as over 98% collection through October 2020.
Shortage of housing has put upward pressure on prices
The lack of new homes being built coming out of The Great Recession has created a housing unit shortage of an estimated 2 million units. A recent study by RCLCO suggests a continued undersupply of SFR for the next 10 years.
Peak Housing REIT will acquire income producing residential real estate assets in targeted markets around the Dallas Fort Worth, Texas metropolitan area and will expand to other cities in Texas. The Company intends to acquire properties through the use of the following investment strategies:
We will seek to acquire assets that are expected to produce a project-level internal rate of return (“IRR”) of 15% and projected yearly distributions of 6%-8%.
Quarterly distributions began in Q3, 2020. Distributions are sent quarterly. Investors have the choice to receive cash distributions, or to reinvest dividends at the then share price.
In addition, starting in future years, the REIT will target the sale of 5%-10% of assets yearly to support investor share redemptions.
Dallas Ft. Worth is the primary target market, with the addition of more Texas cities during the first 3-year expansion. Data Driven Decision Making with Zillow market health index, and Zip Code Level Job Growth as well as Urban Land Institute research will help determine future expansion markets.
See all the homes in the existing portfolio here. https://www.thepeak.group/peak-housing-reit-portfolio
We believe Single Family Rentals are the best real estate investment for income and wealth generation. Over the last 20 years we have built a vertically integrated company that has transacted more than $100MM in single family rentals.
We invest in SFR because we believe it is the best place for our own capital. That is why we are investing over $4 million of our own money alongside investors in this REIT.
See our whole team here. https://www.thepeak.group/team
The material contained herein does not constitute an offer to sell or a solicitation of any offer to purchase these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful. Offers for the sale of these securities will only be made to investors, who meet certain suitability standards, pursuant to the Peak Housing REIT Inc. Confidential Private Placement Memorandum (the “Memorandum”). Investments in these securities are not suitable for all investors. Investments involve a high degree of risk and should only be considered by investors who can withstand the loss of their entire investment. Prior to purchasing any of these securities, prospective investors should carefully review the Memorandum, including the “Risk Factors” section, and any supplements thereto. Investors should perform their own investigations before considering an investment in these securities and consult their own legal and tax advisors. This information deck is qualified in its entirety by reference to the Memorandum.