Golden Pacific Capital, LLC

Scottsdale, AZ 85255, US
Real Estate
www.goldenpacificcapital.com

We are offering equity positions in a fund focused on Kansas City residential real estate. We project a 20%+ net IRR over 5 years. We have already raised $7MM in equity and deployed nearly $20MM, currently achieving 9% cash-on-cash yield.

Golden Pacific Capital, LLC ("GPC") is offering participation opportunities in a professionally managed, leveraged investment fund, GPC Fund I, LLC (the "Fund"), focused on acquisition and rental of Kansas City single-family residence ("SFR") real estate.

The Fund investment strategy capitalizes on significant rental demand in the market, up to 25% discounted prices through foreclosure activity, lack of ability of many occupants to obtain mortgage financing, and low costs of debt leverage. It is based on the Principals' experience, including successful acquisition and management of 2,000+ SFRs over the past five years in a range of US markets, including Kansas City.

GPC is offering up to $15MM in equity interests beyond the $7MM already raised, leading to a total leveraged fund size of $70MM or more and equating to 400+ SFRs to be held over the life of the fund. GPC targets a net IRR to investors in the range of 20% over a targeted 5-7 year holding period. The targeted return comprises an estimated 8% - 10% current yield through quarterly distributions throughout the life of the Fund as well as profit distributions as Fund assets are liquidated near the end of the holding period.

The Fund has been operating for over two years and is meeting and exceeding projected performance metrics. The Fund has deployed nearly $20MM into 128 properties at a 7.7% unleveraged yield, a 9.2% discount-to-market and a portfolio average of 3.3 months from purchase to rented. In this way, the Fund has proven out some of the most important metrics that drive pro forma investor return projections. GPC closed an initial tranche of $4.4MM in permanent debt in mid-January across 47 properties with a 5.35% interest rate, 30 year amortization, 70% LTV, and year balloon. An additional $1.8MM tranche of permanent debt was secured in late January across 15 properties.

General Information

 
 
 
 
 

Social Links

Company Industry

Select Industry:

Company Description

0 / 250
 
0 / 2000
 

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue
Company Age Employees Sub-Industry
4 years, 3 months 20 Property Investment & Management
Company Type Stock Exchange Stock Symbol
Privately-Held - -

Company Financials

Viewable by EquityNet investors only

Company Age & Size

Stock Exchange

Is this company privately-held or publicly-traded?

Products / Services

0 / 1000
Single Family Rental Real Estate

Single Family homes for rent in the Kansas City metropolitan area - our investors can participate in the economics of this business through a professionally managed fund.

Management

0 / 1000
Managing Director Executive Officer
Hubert Hultgren

Hubert HultgrenMr. Hultgren was the co-Founder of Tricon American Homes, one of the largest Single Family Residential rental groups in the US. He purchased over 2500 homes and managed over 7000. His career in real estate spans over 15 years, including most recently at McKinley Capital Partners where as a partner he ran the SFR business. Mr. Hultgren holds a M.S. in Accounting from the University of Virginia and a B.A. in Finance from the University of Colorado Boulder.

Managing Director Executive Officer
Ian Fisher

Ian FisherMr. Fisher built a highly successful real estate business in Kansas City and has invested a significant portion of his family’s wealth into assets similar to those now being purchased by GPC. He was a partner in the Seabury Group, a premier global advisory firm, and for over a decade lived and worked on four continents, advising large airlines on their most challenging and complex strategic, operational, and financial issues. Mr. Fisher holds a B.A. from Yale University.

Investors / Lenders

Add investors/lenders that are already on EquityNet by typing their name and then selecting them from the drop-down.
Add investors/lenders that are not yet on EquityNet by typing their name, selecting "Add a New Investor", and filling in additional information.

Debt Provider
5 Arch

Specialty lender focused on single family rental homes.

Funding

32%

Funding Goal$22,000,000

Funding Raised So Far$7,000,000

Funding Commitments$0

Funding Remaining$15,000,000

Funding TypeEquity

Pre-Money Valuation

Investor Ownership

Interest / Dividend

Previous Funding

General Funding

Showing your General Funding information publicly may constitute general solicitation. General solicitation is a new commonly-used way for companies to raise funding. To learn about general solicitation, consult your legal counsel. If you uncheck this box, your General Funding information will be viewable to only EquityNet investors.

Private Funding

Viewable by EquityNet investors only

Documents

Complete a Business Plan in EquityNet

Your EquityNet business plan is only viewable to capital providers and business supporters that you choose to share with in the “Crowdfund” or “Messages” tab. Investors prefer an EquityNet business plan. Entering a plan is highly educational and improves your appeal to investors.

Upload Documents

Document file names will be viewable by EquityNet investors and business supporters only. Actual documents are only viewable to capital providers and business supporters that you choose to share with in the “Crowdfund” or “Messages” tab.

Share Your Public Profile Page

Users who follow all these tips increase their fundraising odds substantially.

  • Email your public page to all your LinkedIn contacts.
    • Post your page to your LinkedIn profile page.
  • Email your public page to all your Facebook contacts.
    • Post your page to your Facebook profile page.
  • Email your public page to all your Twitter contacts.
    • Post your page to your Twitter profile page.
  • Put your public page up on your website.
    • Don't have a website yet? Use this page as your site!
  • Share your page link anywhere there's a listing for your company.
    • Press Releases, Crunchbase, Wikipedia, Blogs, etc...
  • Email your public page to all your email contacts.
    • Use Outlook, Gmail, Yahoo Mail, Hotmail, etc...

Your Public Profile Page:

Would you like to share your public profile page with your email contacts?