Fund Terms
The Fund
Fund Size
Co-Investment
Term
Fees / Carry
Fund Governance
Legal Counsel
Accounting
- Urban Growth Properties LP, Fund I
- Target of $4.0 - $6.0M
- Limited Partners that commit $500k or more to the Fund will have the opportunity, where available, to co-invest at the discretion of the General Partner
- Term of the Fund will be in perpetuity with minimum target of 5 years
- Management Fee: 1.0% per year
- Acquisition Fee: 1.5% of each acquired asset
- Carried Interest: Limited Partners entitled to a return of contributed capital and a 6.0% preferred return, after which time the General Partner shall be entitled to a “catch-up” distribution on the preferred return and, thereafter, distributions shall be 70% to the Limited Partners and 30% to the General Partner
- Fund Governance is at the sole discretion of General Partner
- The Fund will report quarterly and will hold an annual general meeting
- Hamilton Tran Esq., A Professional Corporation.
- WWSA, CPAs