Why Invest in Velocis Fund?
Opportunity: Velocis pursues well-located/well-leased “value-add” office, medical office and retail properties located in select U.S. growth markets.
Off-Market Approach: Velocis’s experience and relationships with owners, borrowers, brokers, lenders and CMBS special servicers allows unique access to “off-market” transactions. Velocis will often capture financially distressed assets — prior to being broadly marketed — through direct purchase, capital restructuring, and/or loan-to-own strategies.
Fund Size: A manageable sized fund of $300 million equity, with a limitation of 65% leverage, results in a fund with approximately $800 million of purchasing power. With a target asset size of $20 to $70 million, Velocis expects to secure 25 or more properties over a three-year investment period — a very achievable goal.
Team: The Velocis Team consists of five highly seasoned principals with 130 years of combined experience, who are directly responsible for the acquisition, asset management and disposition of the assets. The principals are supported by an impressive group of analysts, asset managers, and administrative professionals.
Best-in-Class Service Providers: Velocis calls upon our long standing industry relationships, as we utilize well-established leasing and property management teams for each asset in each market.
- Auditor: PricewaterhouseCoopers is the audit firm for the Fund.
- Banking Relationship: JPMorgan Chase is the depository bank and lead acquisition lending bank for the Fund.
- Law Firm: Jackson Walker, LLP, a highly regarded law firm in the private equity fund space, created the Fund structure and serves as the law firm for the Fund.
- Third Party Administrator: Blue River Partners, LLC is a highly skilled group of partner-level attorneys and CPAs providing back office operational support and regulatory compliance.