INVESTMENT OPPORTUNITY FOR WHOLESALE INVESTORS.
Managed fund investing in
US distressed property in prime locations.
Take advantage of 3 powerful profit drivers:
1. AUD / USD at record highs
2. US residential property at 10 year lows
3. Rental yields of 8-15% per annum
Benefit from the current opportunity:
• Increasing property prices in distressed areas which were pummeled by the housing crisis (e.g. Las Vegas property up an average of 10% in the past 12 months)
• Strong rental yields (Las Vegas average rental yield 10-14% over the past 12 months)
• AUD /USD at record highs means excellent value for the Australian purchaser currently. Moody’s expects a $0.30 decline over the next five years representing an excellent selling proposition for Australian investors at that time.
• Low building activity from 2009 to 2012 means low inventory as the housing market recovery gathers steam over the coming five years.
• High level of bank foreclosures across the USA is holding the property prices at ten year lows and producing an excellent opportunity for large scale acquisition
• Middle-of-the-market homes still at lows while bottom-of-market prices have jumped 10% in the past 12 months. Aspirational homes in gated communities in good school districts can be purchased from $200,000-$250,000, a drop from $650,000-$700,000 in 2006.
• Low residential vacancy rates. Currently 6% in the targeted areas.
• Australian investors have the edge over American investors due to the AUD/USD. According to investment bank Jefferies& Co., major investment firms led by Colony Capital LLC.
• Closed end fund with 5 year investment term (up to 7 years)
• Clear exit strategy leads to clear route to profit
• Anticipated return of not less than 10% - Expected return possibly in excess of 20% per annum
Protect your capital with:
• Growth Based fund that has zero leverage
• Diversity through multiple properties, and multiple property types.
• The Security of UBS as custodian
• The strength of Sotheby’s International Reality as property adviser
• Respected auditors BDO
• Respected administrator Sable
• Title protection through Nevada Title
• First Citedal Capital, Fund Managers of global funds focused on property. CIMA License No.631433
• ASIC registered. Fully compliant, AFSL Holder: Eminance AFSL No:305-031
• AUD investment and AUD returns simplifies taxation.
Maximise your return:
• Minimum Investment $100,000
• 2.25% annual management charge. Minimal operating fees.
• 10% per annum performance hurdle,20% performance fee on returns above hurdle.
• 1-3.9% commission for introducers, qualifying direct investors welcome
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To receive more information or obtain a copy of the Information Memorandum Please call 1300 307 927,
Or visit www.FirstCitadelInvestments.com or Google “USA Property”
Issued by: First Citadel Capital USA, Wholesale Adviser in Australia First Citadel Investments , Eminance AFSL 305-031,
www.firstcitadelinvestments.com, www.eminance.com.au Email: barry.gumm@eminance.com.au
Address: Eminance, RBS Tower, L31, 88 Philip St, Sydney, NSW 2000
