The West Coast eREIT focuses on a balanced approach of acquiring both debt and equity investments in commercial real estate assets located specifically in the West Coast region. The eREIT™ intends to target investments with fixed rates of return that maximize current income, and equity investments with significant potential value creation.
In particular, the West Coast eREIT’s strategy centers on the stable economy of the West Coast, which is filled with pockets of high growth, coupled with extreme housing supply constraints. The eREIT plans to capitalize on its strategy through: (i) acquiring value add and lease up properties; (ii) acquiring assets that require repositioning or redevelopment; (iii) investing in ground-up new development projects; and (iv) providing mezzanine debt and recapitalization equity capital for existing transactions.
The multifamily rental market on the West Coast is benefitting from demographic changes, improved job growth, and strong economic dynamics. The West Coast eREIT™ aims to invest in commercial real estate assets located in the Los Angeles, CA, San Francisco, CA, San Diego, CA, Seattle, WA and Portland, OR metro areas.
The West Coast eREIT plans to look for opportunities to provide liquidity to its investors after approximately 5 years.
While you should view your investment as long-term, you may be able to request redemption of your shares on a quarterly basis, subject to certain limitations.
|Holding Period From Date of Settlement||
Effective Redemption Price
(as percentage of per share redemption price)
|Less than 90 days||100%|
|90 days - 3 years||97%|
|3 years - 4 years||98%|
|4 - 5 years||99%|
|More than 5 years||100%|
For full details see the "Quarterly Redemption Plan" section of the offering circulars available at www.fundrise.com/oc.