Invest in the Sun Belt
Participant Capital is a leading private equity real estate firm specializing in ground up investments in the Sun Belt, particularly in Florida. The Participant Capital Sun Belt Multifamily Development Fund offers accredited investors the opportunity to invest alongside institutions in real estate development projects.
Participate in institutional quality
ground-up development projects
OUR FIRM
Participant Capital Advisors, LLC is an independent registered investment adviser with an integrated development company affiliate, Royal Palm Companies. RPC was founded in 1978, and its executives hold key roles on the Participant Capital leadership team. Participant Capital was formed in 2011, has 25+ employees and is headquartered in Miami, Florida.
OUR ADVANTAGE
With decades-long combined experience across two companies, the Participant Capital’s management team possesses expertise that differentiates it from private equity real estate managers outsource development. We cost-effectively allocate and manage development capital. We are well-positioned to manage the diverse challenges of real estate development projects, both large and small, while maintaining the quality, lifestyle, and experience that are the firm’s signature.
OUR TRACK RECORD
The Participant Capital management team has an extensive real estate development track record that spans over 30 years, and $4.7B real estate assets developed, repositioned, and under construction across 50+ properties.
As Featured In:
Investment Highlights
Fund Domicile | U.S.A. |
Fund Structure | Closed-End Fund with Capital Calls |
Fund Size | $100,000,000 |
Investment Manager | Participant Capital Advisors, LLC |
General Partner | Participant Capital Partner, LLC |
GP Co-Investment | 1% up to $1,000,000 |
GP Profits Interest | Zero Fund Level Promote |
Project Level Preferred Return | 10% |
Target Net Investor Return | 18-22% p.a.* |
Fund Term | Up to 8 Years (Total) |
Investment Period | 3 Years |
Disposition Period | 5 Years |
Management Fee | 1.5% p.a. on funded commitments |
Catch-Up Interest | 9% p.a. |
Suitability Standard | Accredited Investors |
Minimum Investment | $250,000 |
Subscriptions | Quarterly |
Closings | Quarterly / End of Quarter |
The GP as the project developer earns customary development fees and shares in the gains of the project returns at the SPE level. Project Level Preferred Return is calculated net of expenses and fees. May be extended with the consent of a majority-in-interest of the LPs. Investor returns will be impacted by fees and expenses, please refer to the PPM. After the Initial Closing, LPs admitted to the Fund or increasing their Commitments after the Initial Closing (the “Subsequent LPs”) will pay LPs already admitted at the time the Subsequent LP is admitted (the “Recipient LPs”) an amount equal to 9% interest (annualized) on their pro-rata share of Capital Contributions made by the Recipient LPs (the “Catchup Interest”). Catchup Interest obligations of Subsequent LP’s will represent an additional obligation of Subsequent LPs beyond their Capital Contribution to the Fund. Catchup Interest will be paid to the Recipient LPs. The Fund reserves the right to hold additional closings. See PPM for details.
