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INVEST WITH VESTIS GROUP

Vestis Group is a Real Estate Operating Company (REOC). Our real estate projects are managed by Principals, who take responsibility for a particular development project or acquisition through its investment life. Our Principals’ responsibilities range from deal identification to fundraising and ultimately construction management, asset management, and disposition.

We are constantly reviewing the residential property markets in our selected geographic locations, looking for properties with characteristics that may make them attractive to us. We find our investments by talking with owners, brokers, appraisers, and other knowledgeable parties.

Vestis Group does not directly provide property management services. Our principals, acting as asset managers, oversee the third-party property managers who are responsible for the day-to-day operations of each Vestis Group Project. Our Principals maintain open lines of communication with our third-party property managers and visit our properties on a regular basis.

DIRECT EQUITY INVESTMENTS IN VESTIS GROUP PROJECTS

Traditional equity investors with significant capital who prefer to invest in specific property transactions at a later stage (when Vestis Group already has the property under contract for purchase) may be interested in negotiating a traditional equity investment in a Vestis Group deal. A typical Direct Equity Investment in a Vestis Group project is between $2,000,000 to $10,000,000. Vestis Group negotiates such investments on a case by case basis.

THE VESTIS GROUP PROJECT PROFILE


The typical targets for Vestis Group investment are multi-family assets in areas of strong job growth, preferably where the economic base is derived from more than one service or manufacturing sector. Within these geographic areas, we look for property scenarios where the cost of replacement construction significantly exceeds the cost of acquisition. The proven price stability of these multi-family assets provides a particularly strong foundation for real estate portfolios in all market cycles.

We look for B and C grade assets in good locations that we can then improve, either structurally or in operating efficiency. Our proactive asset management strategies and rehabilitation capital add value throughout the investment process.

Our general investment guidelines include:
  • A Geographic focus on areas where both short and long term economic growth projections are favorable.

  • A Demographic focus on lower and moderate income tenants employed in the service or manufacturing industries.

  • A Capital Structure focus on deals that typically include 30% equity and 70% debt, with financing to be used for project acquisition and property rehabilitation using 5-10 year assumable financing.

  • Our Target IRR is 20% or better on a leveraged investment basis. Project returns vary with the financial markets. Past performance is no guarantee of future results.

  • Our expected Holding Period is typically three to seven years. The following are specific investment criteria used by Vestis Group in evaluating properties for potential investment:

Unit Size

Garden style apartment complexes of 100 to 400 units in size.

Location

Arizona and Texas.

Demographic Target

Low and moderate income families.

Government

Existing local government support for the project.

Debt

Potential to workout various debt instruments.

Deferred Maintenance

Need for minimal to moderate rehabilitation.

NOI

Opportunity to increase by improving operations.

Tenant Profile

Tenant responsibility for utility payments.

New Construction

Land with multi-family development potential.



CRITERIA FOR INVESTING

To view current investment opportunities: Click Here “Coming Soon”

Thank you for your interest in investing with Vestis Group. Below are the criteria for investing:
  • You are a sophisticated investor who has business and financial experience either solely or with a personal purchaser representative to evaluate the merits and risks of an Vestis Group investment opportunity.
  • You have the business and financial experience either solely or with a personal purchaser representative to protect your interests in the transaction.
  • You have the financial ability to bear the risk of losing your investment.
  • You have adequate financial means of providing for your current needs and have no need for liquidity in your investment with Vestis Group.
  • Your overall commitment to non-liquid investments is not excessive given your other available assets.
  • You have substantial experience in making investment decisions of this type or you have an expert that can assist you with this type of investment decision.
  • You are an accredited investor.
Some states may impose suitability standards in addition to the criteria listed above. And you may be required to represent that you meet such suitability standards.


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