The A5 Program
Typical terms for preferred shares
-
$1,000 per share liquidation preference.
-
Preferred distribution of 12% annually on the liquidation preference, cumulative.
-
One share issued to each of 110 - 125 investors.
-
Choose any legal form: corporation, trust, limited liability company or limited partnership.
-
Select the dividend payment cycle to meet your needs:
-
Annually on June 30 or December 31, or
-
Semi-annually on March 31/September 30 or June 30/December 31.
-
REIT's Responsibilities
-
Preparing the offering memorandum and subscription agreement (sample documents are provided).
-
SEC Form D Notice of Exempt Offering of Securities and State "Blue Sky" filings and fees. (We can process these filings for you under separate arrangements.)
-
Escrow Agent’s fee (may include multiple REITs under a single private placement memorandum).
Investors
-
All investors are accredited investors. Offerings limited to "qualified purchasers" are also available.
-
All investors are U.S. persons (U.S. citizens or permanent residents).
-
Investors are vetted under US Patriot Act and anti-money laundering standards.
Placement and Servicing Fees
-
Discounts provided for multi-REIT offerings.
-
Servicing discounts provided as additional REITs added in subsequent years.
-
No set-up or redemption fees.
-
No charges for "out-of-pocket" expenses.
References
Sponsors who rely upon A5 to complete and service their offerings include private equity firms and public REITs with capital ranging from billions of dollars to a few million dollars.
In addition to the four core property sectors, assets in the offerings include many specialty sectors as well as mortgage/mezzanine lending. Many sponsors previously worked with other service providers and now choose A5. Please contact us for a sample of the rapidly growing list of sponsors who rely upon us for execution of their offerings and ongoing servicing.