| Markaz U.S. Multifamily Realty Investment Unit IV |
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Fund Objective:
The Fund’s objective is to develop, lease-up and deliver for sale multifamily properties to capitalize on the market risk premium assigned to new construction investments relative to those in completed, occupied assets.
Key Terms:
| Fund Capital: |
US$ 67.2 million |
| Life of Fund: |
Five years |
| Fund Type: |
Close-ended |
| Fund Inception: |
March 2008 |
| Targeted Annualized Returns: |
Minimum 13% for Class A Units
Minimum 14% for Class B Units |
Fund Manager:
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Kuwait Financial Centre, S.A.K. “Markaz”
Mar-Gulf Management Company, Inc. |
| Fund Management Fee: |
10% mark-up over amount invested in projects |
| Incentive Fee: |
20% over an IRR of 10% |
| Minimum Subscription: |
10 units |
| Subscription Fee: |
2% of amount invested in projects |
| Distribution: |
Semi-Annually for Class A Units |
| Domicile: |
Cayman Islands |
| Base Currency: |
US Dollar |
For more information, this file is available for downloading:
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Markaz US Multifamily Realty Investment Unit IV Presentation
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