FAQ
Have there been any home sales? What were the circumstances?
Yes, in the Equity Villa Fund, not in the Equity Platinum Fund 2.
Were there special assessments? Are there any circumstances in which special assessments could be incurred?
There has never been a special assessment for either fund. We don’t have specific scenarios where there would be one. The special assessment is capped at 15% of your investment.
What is the dividend history of the Villa Fund (if any)?
Investors can opt to take dividends in lieu of vacations. The fund paid 4-6% cash dividends.
What is the dividend history of the Platinum Fund (if any)?
None so far.
Does the annual Report to Partners include property appraisals?
Those can be seen in the audited financials.
What is the current outstanding debt on the portfolio (is this guaranteed at the property level)?
We operate with no debt.
Do you have a schedule of the purchase prices + improvements (ie. invested capital) for all of them? Year of investment, and then the current valuation?
Yes, all those values are covered in the audited financials for the EPF2. EPF2 does not have homes yet but we will share the reports once they are available.
Question about performance in the Villa fund: I am curious to see the numbers from a couple of properties that have already sold: can you highlight the rough financials on two of the properties? For example, property A was purchased for 3.1M in 2010, improvements/operating amounted to 1M, sold for 5.5M in 2020.
We sold 5 residences in the Equity Villa Fund for different reasons and returned 48% of the original invested capital to the EVF investors to date.
The EVF has been paying dividends in the 4-6% range.
EVF is scheduled to liquidate the remaining homes in 2026.
Can I see your financials?
Yes, we share the audited financials and the latest investor reports with potential investors who are serious about this opportunity.
What is my percentage return?
For the Equity Platinum Fund 2, we project a potential return of capital of 1.3x to 1.5x given a 5% per annum real estate appreciation. The portfolio liquidation should start in 2037 after a 5 – year investment period and a 10-year utilization (“hold”) period. The appreciation is split 80%/20% and the management fee is 2% on the funds under management, which is already included in your annual operating fee and is not a separate charge.