“We are using people’s retirement assets, which must be protected and provide attractive, reliable, and regular return. We value our investors as friends of our close family with whom it is an expression of trust and relationship to do business.”
Investors play a crucial role in the success and growth of businesses.
Investments provide a solid foundation for cooperation.
Investment in buildings is a profitable opportunity for long-term profitability.
As an investment company specializing in long-term, secure cash flow from commercial real estate sources, Norden Investments looks for prime, institutional-quality assets with attractive return characteristics. Using our conservative underwriting criteria we target properties in the core, core plus and value-added segments of the real estate investment market representing especially attractive assets in the investment spectrum.
We structure each property as a single asset investment LLC to deliver reliable and secure cash flow, offering a hedge against inflation and the unpredictable equities markets.
Investors always come first. Norden will not participate in distributions until after our investing partners achieve targeted returns.
Sometimes, but not always. Our offerings usually fall under SEC. rule 506(b) which allows up to 35 unaccredited investors. If you would like to know what it takes to be an accredited investor, visit this Investopedia page.
The effort to acquire the property, which includes searching, visiting, researching, due diligence and closing, all work towards providing our investors with safety and good returns. This effort is paid for with 5% fee paid to Norden Realty as the asset manager. Each year Norden gets 1% of the purchase price as an asset management fee, as long as all the investors have been paid their cumulative preferred returns.
Each investment property has its own quarterly schedule based on the closing date of the property. The fact that they are all quarterly shows that there four scheduled distributions each year.
Generally, the money is used to buy the property with some money set aside for reserves. Often, the reserve money is already set aside for specific property improvements or tenant upgrades.
We send out letters quarterly on the distribution schedule.
If for any reason the cash flow in any given quarter does not produce sufficient capital to pay our investors, the scheduled distribution figure is added to the next quarter’s distribution schedule.
NO. This is considered private commercial real estate investing, where a REIT is traded on an exchange. The value of a REIT is determined by the whims of stock traders,(increasing their volatility), they have fewer tax advantages, REITs are like mutual funds in the sense that they have layers of management that need to get paid before any capital distributions occur, with REITs you get what they focus on without focusing on a specific building. In general, REITs are better for speculating on a market sector, not for long term investing.
Founder And CEO
Exec Dir - Investors
Investor
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