Circle R Ranch · 42 acres outside Dallas
A 26.9% annual return. This Texas ranch is already running.
Customers arrive every weekend and pay to use the room. Investors take an 8% preferred return before the sponsor sees a dollar.
The doors were open last Saturday. Tables set, bar running, somebody paying for the room.
Most private real estate asks you to fund a plan. This one is already open, with weddings booking months out and paying in advance.
↓ Start here. Four questions, about a minute
Select the statement that best applies to you.
The sponsor gets paid last.
The equity carries an 8% preferred return. Preferred means investors get paid first, and the sponsor sees nothing until that line is met.
It accrues from closing, cumulative and non-compounded. It is an order of payment, not a payment schedule, and the offering states no distribution cadence.
Above that line, limited partners take 60 cents of every dollar and the sponsor takes 40.
The entry price is already settled.
The land was bought at about $286,000 an acre. Average adjacent farmland runs $375,000 to $602,700. That gap closed at acquisition.
A good entry price is not a guarantee. But it is the half of the equation that is already settled.
The plain terms.
- Structure
- Reg D 506(c) private placement.
- Minimum
- $50,000 a unit. 0.9% of the equity.
- Who
- Accredited investors only.
- The asset
- A running event venue on 42 acres outside Dallas. $14,500,000 raise across equity and debt.
- You get paid
- 8% preferred first. Then 60 cents of every dollar.
- Liquidity
- Not liquid. Assume you cannot get out early.
- The return
- The modeled return varies between 15.7% and 26.9% depending on the scenario. None is promised.
Events are seasonal and a slow quarter is a real risk. Not tax, legal, or investment advice.
The next step is the deal terms. Read the payment order and the proforma yourself, then decide.
Four questions. About a minute. Nothing to sign.