Overview
Crimson Opportunity Funds are high-return, closed-end investment funds that concentrate on acquiring undervalued real property for the purpose of improvement and re-sale. The Funds maximize investor returns by adhering to short holding periods and liquidating holdings as soon as our value-additions are complete.
The Crimson Opportunity Funds operate in lower-risk markets. The Funds seek out redevelopment opportunities in high-population-growth areas, then renovate, re-tenant or convert multifamily or commercial properties in order to unleash their greatest potential value. This strategy has produced superior returns over the past decade, as the population of the Western and Southern United States continue to expand and migration from Mexico and baby-boomer weather migration cause housing needs continue to grow.
Historical Returns
The Management Team of Crimson Opportunity Fund I has been providing exceptional investor returns on development and redevelopment projects since 1993. Average returns net of all fees to investors has been 30% for our most recent funds. Expected returns for any potential opportunity must be a minimum of 30% per project.
|
Fund I: |
Fund Start Date |
Liquid. Dates |
Return
on Equity Invested |
Annualized Return |
Investor Return
(Net of Fees) |
|
3 Projects Total |
April '04 |
Q2 '05,
Q3 '05,
Q1 '06 |
39% |
35% |
30% |
Crimson has never had a negative return on a project.
What We Look For
Crimson targets both underutilized land as well as under-performing retail, office, industrial and multifamily assets in urban and suburban infill areas. We specialize in thorough analysis of pricing, investment risk, tax arbitrage, optimization of leverage and other key drivers of successful investing. Geographical areas of focus include Northern and Southern California cities with strong political, economic, or geographical boundaries such as San Francisco, Oakland, San Mateo, San Jose, Los Angeles, Culver City, Santa Monica, Beverly Hills. .
Historical Returns
Crimson has been sourcing and structuring commercial real estate investment syndications since 2002. Project returns have ranged between 9%-11% cash-on-cash, with expected total returns between 12-18% upon liquidation.
|
Structure: |
Single purpose entity LP Units or TIC Units for 1031 exchange candidates |
|
Duration: |
5-7 year hold |
|
Return Hurdles: |
12% |
|
Investor Minimum: |
$100,000 |
|
Investor Return: |
Minimum Cumulative Preferred Cash Return of 9% |
Current Investors
If you are an investor in one of the Crimson Funds, you may log into the Investor Returns page of your Fund here:
New Investors
If you are an investor looking for information on how to invest alongside the partners, contact investors@crimsonholdings.com.
We pool the capital of private investors into closed-end funds which we, in turn, invest in at least three real estate investments. This allows private investors to take advantage of the exceptional returns of developmental real estate while benefiting from the reduced risk of a portfolio structure.
Fund I was closed and fully distributed in 2005 with a return to investors of 30%, net of all fees. Crimson Opportunity Fund II was closed to new investors in April 2006 and is currently invested in two projects.
Crimson Opportunity Fund III exhibits the same Fund strategy, management and exceptional return hurdles as previous Crimson investments and is OPEN to new investors until the end of October 2006. You may view investment information from our latest offering, Crimson Opportunity Fund III here.
Fund_III_Overview.doc
Because the investment offerings are private, not public offerings, investors must sign an Accredited Investor Questionnaire, indicating that they meet the Securities and Exchange Commission's minimum financial requirements for participating in private offerings such as these.
You may download the Accredited Investor Questionnaire here. Accredited_Investor.pdf
|