Share
Embed this card in your website or blog
Copy the code below and paste it into your website or blog.
Napa Valley
Offering short link
Raise Details
-
Gross Offering$275,000 USD
-
Available Units0.00
-
Minimum Investment$10,000 USD
-
Maximum Investment$275,000 USD
-
Open DateFeb 01,2019
-
Closing DateMar 22,2019
-
Investment TypePreferred Equity
-
Maturity42 months
-
Real Estate UseResidential
-
Maturity End DateSep 25,2022
Type
| Type | Number of Units | Available Units | Cost per Unit | Payback Per Unit | Gross Offering | Annual Yield | Effective Yield | Term |
|---|---|---|---|---|---|---|---|---|
| Preferred Equity | 5.50 | 0.00 | $43,500.00 USD | $50,000.00 USD | $275,000.00 USD | 25.00% | 28.74% | 42 months |
| Totals | 5.50 | 0.00 | $275,000.00 USD |
Executive Summary
This Equity Loan Participation Agreement (the “Agreement”) referencing Trident 1, LLC (the “Borrower”), a California limited liability company, and made between you and Four Arrow Funding, Inc. (the “Issuer” and/or referred to as the “Lender”) dated as April 3, 2019, shall set forth the terms and conditions of governance by and between the Issuer and you as loan participants (the “Participants”). The Participants will make a $275,000 equity participation loan (the “PE Loan”) to the Issuer and then the Issuer will make a $275,000 preferred equity participation loan (the “Loan”) secured by the Collateral as described: i) On the cover page located in NAPA Valley, California (the “Real Property”) plus ii) An assignment to the Issuer of a $1.5 million judgment (the “Judgment”) in favor of the Borrower. Chesterfield Faring, Ltd (“CFL”), a Delaware Corporation, is a shareholder of the Issuer and is the Issuer’s sponsor. Lawrence Selevan (“LJS”) is the CEO of CFL and the Executive Chairman of the Issuer. Jordan Shrier is the President of the Issuer. CFL and the Issuer have offices at 355 Lexington Avenue, New York, New York 10017.
Highlights
- Loan Participation
- High Yield
- Good Location
- Risk Mitigated
Comments
- There are no Comments for this Offering.