Property Profile
Properties amenable to improved management, repositioning, and/or physical renovation.
Property Types
Majority multi-family
Geographic location
High-growth markets in California
Target cash-on-cash return
8% to 10% per year once stabilized.
Target overall return
IRR (Annual return including sale and/or refinance proceeds) of at least 16–22% depending on the property's inherent risk & condition.
Provides the market research, financial analysis and due diligence necessary to find suitable markets and investment opportunities. Greenline negotiates the financing for each investment.
Gives equal importance to what improvements to make and what improvements not to make. Developes budget and asset plans and sticks to them. Greenline construction has existing network of contractors, subcontractors, and specialty artisan professionals in the construction trades.
Coordinates raising money from investors & due dilligence on properties. Navigates all local regulations. Manages title and escrow matters. Brings acquisitions to the finish line. We bring our expertise and digital acumen to the disposition of properties as well. We navigate complex and ever changing rules for acquisition and disposition of property.
Navigates through ever changing legal environment of tenant protections. Collects rents, responds to calls from tenants, makes repairs, optimizes value.
Generally, around 30% of the total project cost of any one deal is provided by LLC investors (Individuals and/or institutions) and 70% or more of project cost is financed by mortgage-secured debt.
Investors are paid 60% to 70% of the profits from the sale or refinance of the property. Greenline Ventures, LLC receives the balance of the profits.
Each property is owned by a separate, single-purpose, LCC, whose managing member is Greenline Ventures, LLC. Investors are members of the owning LCC and have a pro rata ownership interest in that company based on their investment.
Once a property is stabilized (generally 6–24 months after COE), investors are paid all of the cash flow from operations until they have received an 8% to 10% annualized return on their capital investment (a “preferred return”). Any excess cash flows are split between the investors and Greenline Ventures, LLC. Cash flow distributions are paid quarterly.