NNN Investment Fund | Commercial Real Estate in Southern California

 

 

23823 Malibu Road Unit 50-450 Malibu California 90265 United States (310) 466-9665 http://www.propfunds.com/   http://www.propfunds.com/

NNN Investment Fund primarily targets well located, functional single tenant and multitenant properties leased on NNN or NN leases to national credit tenants and regional operators with strong balance sheets

Our primary obligation to our investors is i s capital preservation [Investor protection] This goal is achieved by focusing on acquiring assets within the range of management’s education, training and experience. This universe of acceptable investments will include single and multi-tenant NNN leased retail and industrial properties ideally leased to national credit tenants or private companies have strong balance sheets and have demonstrated a history of being a strong operator through longevity and size of their operation.

 

 

Historically real estate purchases are financed with wi th approximately 65%-75% debt to capital ratio. However, the fund plans to purchase properties with approximately 50-55% debt to capital ratio and in some instances properties may be purchased on an “all cash” basis.  

The funds General Partners take NO ASSET MANAGEMENT FEE to manage the fund itself. The majority of similar investment funds charge a 2% management fee on the capital raised and this management fee is paid to the General Partners BEFORE the preferred return return is paid to the investors. The General Partners of NNN Investment Fund also do not participate in a practice termed “Catch Up Return” which has also become a common practice for real estate funds. Basically, a “Catch Up Return” is a portion of the proceeds, usually 2% -4%, that the investors do not participate in after the investors have received their preferred return. Only the General Partners receive the “Catch Up Return”. We at NNN Investment Fund to not agree with this practice.

 

 

The General Partner has established an investment committee (the “Investment Committee”) dedicated to the General Partner’s management and oversight of the Fund’s

investments. The biographies of the senior executives are shown below.

Mr. Aldrich graduated from University of California, Los Angeles in 1989. He has been in the real estate industry since 1992. From 1992 through 2000, Mr. Aldrich worked as a leasing agent, acquisitions manager, construction manager and portfolio manager of over two million square feet of industrial and office properties for Pacifica Capital Group. He was then regional manager of the Los Angeles market for First Industrial for one year after First Industrial industrial portfolio. From to the present, Mr.outside Aldrichof purchasedpurchased industrial,Pacifica’s retail (primarily national credit NNN2002 properties in markets California) office and apartment projects under Ascent Affiliates, Inc. A company he owned and funded. Mr. Aldrich also created a loan fund beginning in 2004 that secured Trust Deeds on office, industrial, automotive, single family and multifamily properties that generated approximately approximate ly a 12% annualized return for the investors of the Fund since its inception. Throughout his career he has represented a select group of clients in purchasing properties and understands the process, from start to finish, of securing real estate as an investment vehicle. During his career Jim has owned, operated, manage managed, d, developed, leased and placed loans on more than 200 commercial properties. properties.