Completed
Golden Surf Luxury Homes
Carlsbad, CA
Overview
Asset class
Real estate
Asset type
Build-for-rent
Strategy
Fixed income
Funds
West Coast eREIT
Updates
New acquisition
May 10, 2017
The property has already received its final tract map and is approved for construction.
New acquisition: Luxury home construction in Carlsbad, CA
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Progress update
June 12, 2018
Construction is progressing rapidly, and the homes are now accepting reservations and pre-offers in anticipation of completion.
Video: watch your investment in five beautiful new homes take shape
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Exit
November 7, 2018
The project generated a roughly 9% annualized return, supporting consistent dividend payments for West Coast eREIT investors.
Investment in five new luxury homes pays back successfully
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Asset type
Build-for-rent
Build-for-Rent (BFR) homes are newly constructed properties designed specifically for renting, typically built in communities of 50 to 200 units, and operate similar to an apartment building. As home ownership costs soar and the demand for larger living spaces increases, BFR stands out as the next major asset class in real estate as it capitalizes on the growing need for single-family rentals (SFRs). Our BFR strategy involves bulk purchasing directly from builders and managing the rental process, allowing for superior pricing and returns compared to acquiring individual, already-completed homes.
Our strategy
Fixed income
Provide real estate backed loans or similar financing
- Expected variability of return: Low
- Timing of expected return: Typically begin earning interest immediately
- Primary expected source of returns: Interest income
This section is intended to provide a general overview of the Fixed income strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.
