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Executive Summary:
The fund focuses on Denver, CO and Des Moines, IA. Where VareCo has a proven track record of performance in value-add workforce housing projects
[Opportunity] In the multi-family space, some syndicators that acquired value add projects from 2020–2022 are now in a position where they need to sell or refinance. This is due to two factors: their senior debt maturing and rate cap expiring.
Learn how VareCo is putting together stellar seller financing deals from legacy owners.
VareCo believes it can acquire assets at below-market prices or provide rescue capital to gain controlling positions.
VareCo will focus on property types and vintages where it can force appreciation through its proven value-add process.
Learn about the VareCo advantage with in-house construction (rehabs 25-50% below market value) and in-house property management
Speakers:
Chris Lopez
Co- Founder , Property Llama
Terrance Doyle
Founder , VareCo
Chris Lawhead
Investor relations , Property Llama
Matt Amundson
Investor relations, Property Llama
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VareCo Fund II is a 506(c) Reg D offering for accredited investors only. The information contained in this email is solely for informational purposes and should not be construed as investment advice or a recommendation to engage in any specific investment activity. The performance of investments can fluctuate, and there is no guarantee of achieving any specific investment objectives or returns. We are not not provide tax, legal or accounting advice. This information has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
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