Broker Check

Recap of April 12-13 Events

April 15, 2016
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April’s events have come and gone! I hope you were able to attend one of them. John enjoyed hosting, all by himself, on April 12th in Fredericksburg. The Bavarian Chef put together a delicious, German meal for us. The following day I was able to join John and clients in Williamsburg for lunch. We enjoyed a meal provided by Anna’s Brick Oven.


We had two speakers join us in April. The first was Mr. John Marshall of Cole Capital. Mr. Marshall is the Senior Vice President of Cole. Mr. Marshall provided all of the information below during his presentations. Cole focuses on Alternative Investing. Cole has been up and running since 1979. Cole currently owns 1,100 properties in 48 states. Of Cole’s 1,100 properties, they are occupied at 99.1%. Cole always sets up 10-20 year leases with rent escalations built in. They receive third party due diligence reports, appraisals, and environmental reports. You should expect to hold the investment for 2-3 years. The investment is 50% tax deferred. It has historically had an annualized distribution rate of 9.1%* which is paid monthly. Investors can choose to participate in the distribution reinvestment plan (DRIP). The DRIP would buy more shares of the investment instead of sending cash to the owners. If you are interested in protection from inflation, capital appreciation, and portfolio diversification this investment may be just right for you!

Checkout the following video prepared by Cole to help you understand non-traded REITs: VIDEO


Our second speaker was Mr. Scott Clark of MVP REIT. Mr. Clark is the National Sales Manager for MVP. Mr. Clark provided all of the information below during his presentations. MVP is known as ‘The Parking Lot REIT’. This is their second offering of this type. MVP is the ONLY parking REIT in the country! They buy and own the ground, strips, and air rights. They only buy existing properties. MVP brings in operators to run their parking facilities. MVP sets up 10 year contracts with their operators. MVP goes through a 47 step process before buying any property. MVP II will most likely only be open until the end of this year (2016). There is a minimum purchase of $10,000 for all non-qualified monies. If you are buying within an IRA, the purchases minimum is $2,500. This investment has historically had an annualized distribution rate of 6%* which is paid monthly. Investors can choose to participate in the distribution reinvestment plan (DRIP). The DRIP would buy more shares of the investment instead of sending cash to the owners.
All of the information provided above was given to us at our events on April 12th and 13th, but it can also be found in each of the investments' most current prospectus.

*Past performance is not an indication of future performance.