August 28, 2020
Red Oak Capital Team, based in Grand Rapids, MN, said Red Oak Capital Fund V, LLC has been entirely capable by the SEC and is now open to investor subscriptions.
The fund is a Regulation A+ Tier II bond providing created to deliver buyers with a vehicle to obtain the industrial authentic estate house. The bonds are securitized by senior secured industrial property finance loan notes and backed by existing profits-manufacturing qualities.
Like its predecessors, Fund V has a concentrate on measurement of $fifty million and will supply two collection with a concentrate on generate of at least 7.5%. Both equally collection also include an added contingent curiosity payment at the stop of the term.
“In this traditionally minimal curiosity charge natural environment, lots of lender and non-lender lenders are restricting borrowers’ obtain to funding,” mentioned Gary Bechtel, Red Oak’s CEO. “We are positioned to deliver timely obtain to cash as nicely as an appealing profits-manufacturing investment.”
For opinions, concerns or problems, make sure you speak to Paul Bubny
Red Oak Money Opens Fifth Fund to Investors