Having identified an absence of bespoke, investment grade US focused direct real estate investment products for Australian and Asian private and wholesale investors seeking currency and market diversification into a resurgent US economy and real estate market, LS Global is the originator, lead advisor and delivery platform for a suite of niche US focused direct real estate investment opportunities.
Having developed relationships over several years with its selected US partners and through these relationships having studied the debt and equity structures, market forces and cycles, property and asset management elements, LS Global has structured and launched a series of investment grade direct real estate investment opportunities specifically for Australian and Asian wholesale investors.
Domus Multifamily Real Estate Fund
Domus Multifamily Real Estate Fund
Domus US Multifamily Real Estate Fund No.1
LS Global has established the Domus US Multifamily Real Estate Fund No.1 with its US based operating partner Geringer Capital.
This Fund is closed for new investment.
Key Features
In 2017, Domus has acquired a portfolio of 8 value-add properties comprising 1296 apartments located across 4 states in the US (Arizona, Utah, Oregon and Colorado). These are markets with some of the highest jobs and population growth trends in the US. Domus now owns and operates these assets.
Domus Multifamily Real Estate No.1 Fund offers investors:
- repayment to investors an estimated 100% of their original investment in approximately 18 to 24 months
- recurring income for the balance of the Fund’s term supported by positive long-term fundamentals of US multifamily real estate and further enhanced by the strengthening US economy
- above market returns driven by an already proven value add strategy and underpinned by the high demand for rental apartments in the portfolio sub markets
- an opportunity to benefit from historically low fixed rate US Government guaranteed long term debt (35 yrs), which is not readily accessible to individual investors and which is only available for large scale US multifamily asset
- a US asset management team that has extensive experience with large scale US multifamily projects and a well-established track record of obtaining US Government, guaranteed debt for large scale multifamily assets.
LS Global is targeting to launch Domus Multifamily Real Estate No.2 Fund in 2019.
To find out more about Domus Multifamily Real Estate Funds please email les.koltai@lsglobaladvisors.com.
Domus US Multifamily Real Estate Fund No.2
LS Global has established the Domus US Multifamily Real Estate Fund No.2 with its US based operating partner Geringer Capital.
This Fund is closed for new investment.
Key Features
In October 2019, Domus acquired a portfolio of 2 multifamily assets known as Avia 266 in Mesa Az and Town Center in Queen Creek, located in Phoenix Az. The acquisitions closed 31 October 2019.
Domus 2 offers a USD investment in these 2 value-add multifamily communities comprising:
- 442 units apartments;
- reliable cashflow yielding quality value-add real estate; with
- tremendous rent and capital growth potential;
- underpinned by cyclically low fixed rate attractive non-recourse long term debt.
Our Phoenix metro sub-markets have some of the highest jobs and population growth trends in the US and offers investors to access high quality real estate investment in a strengthening US economy. Domus has a terrific track record in the Phoenix market with the 3 assets it owns under Domus 1.
Domus US Multifamily Real Estate Fund No.4
LS Global has launched the Domus US Multifamily Real Estate Fund No.4 with its operating Partner Geringer Capital
This Fund is closed for new investment.
Key Features
In February 2021, Domus acquired a portfolio of 3 multifamily assets comprising 910 individual apartments situated in sub-markets of Phoenix, Arizona and Nashville, Tennessee being known and described as The Madison in Mesa, Phoenix, AZ, Highlands at the Lake in Nashville, TN and Bellevue West in Nashville, TN. The acquisitions closed in February 2021.
Domus 4 offers a USD investment in these 3 multifamily communities comprising:
- 910 units apartments;
- reliable cashflow yielding quality value-add real estate; with
- tremendous market and value-add rent and capital growth potential;
underpinned by historically low fixed rate attractive non-recourse long term debt.
The Nashville and Phoenix markets have some of the highest jobs and population growth trends in the US. The Multifamily asset class in these markets have not only proven to be resilient but have out-performed other real estate asset classes and markets in the US during the COVID-19 affected 2020/2021 period.
Memory Care US Real Estate Fund No.1
Memory Care US Real Estate Fund No.1
LS Global through its affiliate the Memory Care US REIT and Memory Care US Real Estate Fund No.1 owns and manages 3 Poet’s Walk communities located in Warrenton and Leesburg Virginia and San Antonio, Texas with leading US based Priority Life Care as the operator.
What is Memory Care?
Memory Care is a distinct form of long-term skilled nursing that specifically caters to patients with Alzheimer’s disease, dementia, and other types of memory impairments. These specialized facilities are a need-based product, specifically designed to cater to individuals aged 65+ with memory impairments, such as Alzheimer’s.
Investment Opportunity
Responding to the expected rise of people living with Alzheimer’s disease, Memory Care US is offering investors an opportunity to invest in this asset class given the current lack of new and state of the art facilities in the US market today needed to absorb the projected growth of those suffering from memory impairment.
Investment Strategy
The initial 3 recently constructed memory care assets were purchased by the Fund on completion. These are in:
- San Antonio, TX, acquired in May 2017;
- Leesburg VA, acquired March 2018;
- Warrenton, VA, acquired March 2018.
The Fund’s strategy for the portfolio includes securing long term debt on refinancing the Portfolio upon stabilisation.
Operating Manager – Priority Life Care
The 3 Communities are managed by well-credentialled US based assisted living operator Priority Life Care. Learn More About Priority Life Care Lighting the Way (prioritylc.com)
This Fund is closed to new Investors.
