There is a large number of borrowers that fall into a secondary market that are looking for capital for various real estate secured projects. The secondary market is composed mostly of predatory hard money lenders whose rates and terms are more punitive than reasonable. Vintage Fund IV fills the gap between institution and hard money by providing capital for reasonable rates and terms to borrowers who do not qualify for institutional financing but do not want to pay the high rates of hard money lenders.
As evidence of your investment, you will be provided a fully executed copy of your subscription agreement.
Investors are expected to receive distributions quarterly; however, investors may chose to reinvest in lieu of a quarterly distribution.
Any US resident over the age of 18 that meet the accredited investment requirements.
No, at this time Vintage Fund IV investments are available only to US residents.
Certain IRA investments may be accepted. Restrictions apply. Please contact a member of the Vintage Capital team for more information at firstname.lastname@example.org.
As an investor you will receive a quarterly report along with a quarterly distribution. At the end of each year investors will receive a Form K-1 by approximately mid Mark of the following tax year.
Projected returns and distributions are made on a quarterly basis through either check or wire depending on what the investor prefers. An investor also has the option to reinvest.
Fund updates are sent out on a quarterly basis and include information on asset allocation and current market insights.
The term of the investment are subject to the terms and conditions prescribed in the private placement memorandum (PPM). To request a PPM please contact a member of the Vintage Capital team.
You can get started as an investor with Vintage Fund IV by contacting a member of the Vintage team and finding out if you qualify to invest as an accredited investor.
Vintage Fund IV is a real estate lending fund that gives investors an opportunity to invest directly into a broadly diversified real estate portfolio without having to become a property manager or pay high fees typical of most REITS or publicly traded stocks.
Yes. Audits will occur annually and will be disclosed to investors as part of the Fund’s annual report on Form 1-K, which is required per the Fund’s private placement memorandum.
Investors in Fund IV will receive a K-1 at the end of each year.
No, the fund is a passive investment. There is no need to select individual assets to allocate your funds. Each investment is automatically diversified across all current and future assets held by the fund.
Projects are located throughout the United States in developed urban areas.
The managers of Vintage Fund IV have a unique investment strategy, the fund’s broader investment goal is to identify high quality assets owned or developed by experienced and capable borrowers. In today’s market we believe that there are opportunities throughout the united states to make highly secured loans in proven and growing markets.
Fund IV requires a commitment of only 1 year.
An investor may redeem their shares after their investment has seasoned for the minimum required 1 year. After 1 year an investor may request a liquidation on a quarterly basis with minimal restrictions. (Please see PPM for additional information)
Vintage Fund IV uses its capital to fund real estate investments and developments. The fund targets lending rates between 8% to 10%. Investors receive a 7% return on their investment after minimal fund operating expenses are paid.
Each investment is secured by a deed of trust that is recorded against the property for which funds are lent. A deed of trust is a legal instrument that is used to establish lien priority on real property. In addition to a deed of trust, many of the loans contain personal guarantee and are full recourse.
Your investment is allocated across all assets of the fund. Assets include multifamily, retail, office, medical, industrial, single family, including construction and development loans.
A Private Placement Memorandum or PPM is a legal document that describes the company selling an investment, the business objective, the terms of the offering, and the risks of the investment, among other things.
Unlike many other REITs, Vintage Fund IV offers more transparency and roughly 90% lower fees. Our Fund is nontraded. Generally speaking nontraded funds have less liquidity than those that are publicly traded. However, the Vintage Fund offer quarterly redemptions, although some limitations apply.