OFFERING DETAILS
Build your real estate portfolio from a selection of luxury properties.
Investing in premium real estate with the Hamilton Fund provides a one-of-a-kind opportunity to preserve your capital while benefitting from monthly distributions. Properties include an assortment of apartment units, townhomes, commercial and/or multifamily rental properties, and a 165 room hotel. Our team of seasoned experts ensures that every investment is made with maximum return in mind. With our extensive experience, we guarantee that your investment is in good hands and will yield impressive results.
Offering Details
The Company expects to earn income as a preferred member of the Project Owners. As such, the Company will be entitled to returns from the Company’s Investment pursuant to the Project Owner Operating Agreements, the form of which is included in the Subscription Agreement. As a preferred member, the Company will be entitled to a Preferred Return, which will be paid as follows: (i) a cumulative, non-compounding Cash Preferred Return which is expected to be paid monthly, and (ii) an accruing, cumulative, non-compounding Accruing Non-Cash Preferred Return, which is expected to be paid upon disposition of the underlying Project. Additionally, the Company is expected to receive 10% of all Project Owner distributions after the return of its unrecovered capital until the Company has received an amount equal to an annual cumulative, non-compounding (15%) return on its capital contribution. It is expected that the Profits Interest will not be paid until the disposition of the underlying Project. See “SUMMARY OF THE OFFERING” and “SUMMARY OF THE PROJECT OWNER OPERATING AGREEMENTS”. There can be no assurance that the Preferred Return will be achieved or that any cash distributions will be made to the Company or the Members.
Property locations
Home2 Suites & Tru by Hilton, Lancaster NY
165 room hotel
Coming Soon…
Altitude 41, Nashville TN
317 apartment units with clubhouse & office
Cedar Valley Estates, Macedon NY
308 apartment units & townhomes with 6,000 sq. ft. clubhouse & office
Liberty Shores at Creekside, Pittsburgh PA
232 apartment units, attached garages and 6,000 sq. ft. clubhouse & office
Monterra, Nashville TN
233 apartment units with 5,000 sq. ft. clubhouse & office
Investment Objectives
Offering Size
Investment Period
An investment in the Units is intended to be a long-term investment. The Company’s investment period (“Investment Period”) will commence from the date of this Offering and will continue until the date that is 60-months there after, unless earlier terminated by the Manager in its sole discretion. The Company may reinvest undistributed profits or returns of capital contributions from the Project Owners at any time during the Investment Period. Upon the expiration of the Investment Period, the Company intends to commence an orderly liquidation of its investment portfolio and make distributions of the net proceeds of such liquidation to the Members monthly until all investor capital has been returned. The Company anticipates a full liquidation of its portfolio no later than five (5) years from the date of this Memorandum; however, such liquidation may occur over a longer period, as the Manager may determine in its sole discretion.
Primary Investments
Company has been formed for the purpose of making the Investments in the Project Owners, which will be affiliates of the Company and the Manager. In exchange for the Investments, the Company will receive a preferred membership interest in the Project Owners and will be entitled to receive the Preferred Return. The Project Owners will use the proceeds for the development, operation, and/or acquisition of various Projects, including, but not limited to, purchasing: (i) undeveloped land to develop into commercial or multifamily residential rental properties, (ii) developed commercial and multifamily rental properties which the Manager and its affiliates will redevelop, or (iii) any other real estate that the Manager or its affiliates may determine in their sole discretion to be an attractive investment opportunity. The Company expects to earn income as a preferred member of the Project Owners. As such, the Company will be entitled to returns from the Company’s Investment pursuant to the Project Owner Operating Agreements. . As a preferred member, the Company will be entitled to a Preferred Return, which will be paid as follows: (i) a cumulative, non-compounding Cash Preferred Return which is expected to be paid monthly, and (ii) an accruing, cumulative, non-compounding Accruing Non-Cash Preferred Return, which is expected to be paid upon disposition of the underlying Project. Additionally, the Company is expected to receive 10% of all Project Owner distributions after the return of its unrecovered capital until the Company has received an amount equal to an annual cumulative, non-compounding [15]% return on its capital contribution. It is expected that the Profits Interest will not be paid until the disposition of the underlying Project.
The Hamilton Fund Distributions
FAQ
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Who May Invest in the Hamilton Fund?
• A natural person that has (i) an individual Net Worth (as defined below), or joint Net Worth with his or her spouse or spousal equivalent, of more than $1,000,000; or (ii) individual income in excess of $200,000, or joint income with his or her spouse or spousal equivalent in excess of $300,000, in each of the two most recent years and has a reasonable expectation of reaching the same income level in the current year;
• A corporation, Massachusetts or similar business trust, partnership, limited liability company or organization described in Internal Revenue Code of 1986, as amended (the “Code”), Section 501(c)(3), not formed for the specific purpose of acquiring the Units, with total assets over $5,000,000;
• A trust, with total assets over $5,000,000, not formed for the specific purpose of acquiring Units and whose purchase is directed by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of an investment in Units as described in Rule 506(b)(2)(ii) under the Securities Act;
• An employee benefit plan within the meaning of ERISA, if the investment decision is made by a plan fiduciary (as defined in Section 3(21) of ERISA), which is either a bank, savings and loan association, insurance company, or registered investment adviser, or if the employee benefit plan has total assets in excess of $5,000,000 or, if a self-directed plan, with investment decisions made solely by persons who are Accredited Investors;
• An officer of the Company or the Manager; or
• An entity in which all of the equity owners are Accredited Investors.
Who Will Manage The Hamilton Fund?
The Hamilton Fund will be managed by the Cutaia/Hanania Group