Pi11ar Real Estate Fund(RE Fund)
Building wealth through strategic property investment
The following results relate to the proof of concept Bay View Introductory Portfolio (BVIP).
The BVIP is not currently part of the RE Fund. Some or all properties may be contributed in the future, subject to management decisions. These historical results do not represent RE Fund performance or guarantee future results.
Acquisition
Disciplined acquisition informed by detailed local market knowledge.
Acquisition Price Sq Ft (2022-2026): $111
vs $159 market
Replacement Value Premium: 35%
5 Year Ave Property Appreciation: 42%
vs 35% market
Optimization
Maximizing property value through targeted improvements
Post Renovation Ave Rental Increase: 48%
5 Year Annual Ave Rent Increase: 4%
vs 2.5% BV/MKE, 1.1% National
5 Year Rent Growth: 35%
vs 24% BV/MKE, 30% National
Operation
Operating performance supported by geographic density and strong resident relationships.
5 Year Annual Vacancy Rate: <1%
99% occupancy · vs 4.2% BV/MKE, 8.5% National
On-time Payments: 98.2%
vs 85% BV/MKE, 84.3% National
Evictions: 0.4%
vs 6% BV/MKE, 7.5% National
Performance
Historical portfolio financial performance.
Net Operating Income Margin: 62%
Free Cash Flow: 27%
Disclaimer
This page is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities in any entity referenced herein. Offers will only be made through official offering documents created as to each entity referenced in this page (specifically, each entity’s private placement memorandum, together with the exhibits thereto, as to that entity, collectively the entity’s "PPM"). Persons reviewing this page are encouraged to review the applicable entity’s PPM, along with the exhibits thereto, to obtain full details as to that entity’s offer. To the extent any information in this page is inconsistent with the PPM for a particular entity, the PPM for that entity governs and controls.
The securities of each entity referenced in this page are being offered in reliance on the exemption from registration provided by Rule 506(c) of Regulation D under the Securities Act of 1933, as amended, and applicable state securities laws. This page is intended only for the person to whom it has been delivered and may not be relied upon by any other person. Prospective investors should carefully review the risk factors set forth in the applicable entity’s PPM before making any investment decision.