Strategic Rivermont OZ Fund
This fund is closed to new investment.
A Qualified Opportunity Zone Fund diversified across small and medium-sized downtown districts that are under-performing their market potential, and show room for significant growth potential.
Tru Hotel
Manchester, New Hampshire
- 16.0% Projected IRR
- 3.5x Equity Multiple
- 7 Story Tru by Hilton hotel, with retail along the ground level floor, and a parking garage
- Manchester contributed over $4 million of value to the project mainly through the contribution of land, interest free debt, and the donation of air rights above the newly constructed parking deck allowing for the construction of the hotel.
Centro
Wilson, North Carolina
- 16.8% Projected IRR
- 2.0x Equity Multiple
- A mixed-use project with 228 Multi-Family units, 12K sq ft of retail space, and 675 car parking deck
- Wilson is a strong mid-size town benefitting from the regional growth of Raleigh/Durham MSA
- BB&T (now Truist) recently announced their tech hub would be located on site
Stadium View
Fayetteville, North Carolina
- 15.0% Projected IRR
- 2.7x Equity Multiple
- 95 luxury apartments with direct views into the ballpark, overlooking the new public plaza, and the rest of downtown Fayetteville, North Carolina.
- Fayetteville is home to the largest military base in the U.S. giving it a strong economic foundation
- The city developed the ballpark and donated the air-rights around the stadium to encourage new projects
Novi Flats
Concord, North Carolina
- 18.8% Projected IRR
- 2.4x Equity Multiple
- 294 apartment units in total and approximately 9,000 square feet of retail space
- Concord, NC is part of the Charlotte MSA, and has seen over 33% growth in the past decade, and the city has committed significant infrastructure of the downtown city center to become a pedestrian-friendly city center
FOCUS: DOWNTOWN DISTRICTS
The fund will invest in cities and areas that have strong macroeconomic trends, including:
- Focus on maximizing risk-adjusted returns by investing in city centers that are strategically located in or near larger, regional markets
- City centers of secondary and tertiary markets are typically overlooked by institutional investors, often resulting in lower costs to entry and greater upside potential
COMPETITIVE ADVANTAGE: PUBLIC-PRIVATE PARTNERSHIPS
The fund will invest in cities and areas that have strong macroeconomic trends, including:
- Invest alongside municipalities in development projects that can ensure project completion and help drive additional returns for investors.
ASSET TYPE: KEYSTONE PROPERTIES
- The Fund will focus on keystone properties within the targeted markets that have the potential to increase the redevelopment and return potential of surrounding properties
Rivermont Capital
Rivermont, the co-manager of the Fund, is a real estate investment management firm that invest in downtowns that are underperforming their market potential.
Previously, their principles have deployed over +$350 Million in development, and lead billions in master development projects.
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- Revitalizing Downtowns: Invest in city centers that are strategically located in or near larger, regional markets but are typically smaller than where institutional investors focus
- Public- Private Partnership: Specializes in Public-Private Partnerships that encourage municipalities to support local development, through zoning regulation and through providing an efficient source of capital for development projects
Footnotes
- There are no assurances the Fund will meet target allocations.
- Accredited Investors as defined by SEC Rule 501 of Regulation D. For example, an investor must have a net worth in excess of $1,000,000, and/or an annual income exceeding $200,000, or $300,000 for joint income, for the last two years with expectation of earning the same or higher income in the current year.
- The Manager reserves the right to accept Capital Contributions of a lesser amount.
- The Manager retains the right to extend the life of the Fund through five additional one year periods.
- Please see the Fund’s Private Placement Memorandum for a full description of the fees and expenses associated with investing in the Fund.
IMPORTANT DISCLOSURES AND KEY RISK FACTORS
This is not an offering to subscribe for units in any fund and is intended for informational purposes only. Admission as a Limited Partner in the Strategic Rivermont OZ Fund (referred to herein as the “Fund”) is not open to the public. An offering can only be made by delivery of the Confidential Private Placement Memorandum to “qualified purchaser” or “accredited investors” within the meaning of U.S. securities laws. Copies of the Confidential Offering Memorandum may be obtained by contacting The Strategic Group at 404.963.6657. Investment Partnerships are speculative investments and are not suitable for all investors, nor do they represent a complete investment program. The Fund is NOT registered under the Investment Company Act of 1940, as amended, pursuant to certain exemptions in such Act.
Please carefully consider the investment objectives, risks, and charges and expenses of the Fund before investing. Please read the Private Placement Memorandum carefully before investing as it contains important information on the investment objectives, composition, fees, charges and expenses, risks, suitability, and tax obligations of investing in the Fund. Copies of the Private Placement Memorandum may be obtained by contacting The Strategic Group at 404.963.6657. Past performance does not guarantee future results.
Key Risk Factors: Limited Operating History of the Fund; Lack of Operating History of the Advisor Funds; the Fund’s Dependence on the Investment Manager and the Advisors; the Fund may take Control Positions in underlying investments; Industry Concentration Risk; Limited Liquidity; In-Kind Distributions; Reliance on Key Personnel of the Investment Manager; Absence of Liability; Anti-Money Laundering; Conflicts of Interest; Limited Partners not entitled to full review of investment portfolio; Borrowings, Use of Leverage; Delayed Schedule K-1s; Legal, Tax and Regulatory changes that could affect the Fund. Investment-Related Risks: General Economic and Market conditions; Highly Volatile Markets; Risks of Securities Activities of the Advisors. Investors risk the loss of their entire capital. The foregoing list of risk factors does
not purport to be a complete enumeration or explanation of the risks involved in an investment in the Fund. Prospective Limited Partners should read the entire Private Placement Memorandum and the Limited Liability Company Agreement of the Fund and consult with their own advisers before deciding whether to invest in the Fund.
Please carefully consider the investment objectives, risks, and charges and expenses of the Fund before investing. Please read the Private Placement Memorandum carefully before investing as it contains important information on the investment objectives, composition, fees, charges and expenses, risks, suitability, and tax obligations of investing in the Fund. Copies of the Private Placement Memorandum may be obtained by contacting The Strategic Group at 404.963.6657. Past performance does not guarantee future results.
All securities are offered via Bridge Capital Associates, Inc., a registered broker dealer and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Important disclosures may be found at the following website: www.bridgecapitalassociates.com/disclosures.htm
Contact our firm to learn more about how you can take advantage of opportunity zones.
