Current U.S. Investments

ACRON Stonebriar Commons L.P.

 

Private Placement

The ACRON Stonebriar Commons L.P. investment offers investors an interest in a mostly completed development project in Dallas, Texas. According to the investment structure the prior-ranking investment company ACRON Stonebriar Commons L.P. holds 49 percent of the real estate limited partnership of the U.S. partner Windmill Capital Partners L.P.

This investment concept, which aims to provide a secure return, is reinforced by the priority ranking of the ACRON Stonebriar Commons L.P. investment company over the subordinated U.S. partner Windmill Capital Partners L.P. Additional security is offered to investors by the fact that Windmill and its partners have personally issued a guarantee ensuring the return of the capital invested in the amount of USD 3.5 million after exit. The venture capital involved in the investment is therefore limited, amounting to USD 200,000. ACRON will handle on-site management of the investment and joint management of the business, as well as monitor the costs of the external general partner of the real estate limited partnership. The planned distribution totals an annual 13.5 percent paid out quarterly. An internal rate of return of up to 20 percent is expected to be generated over the full term of the investment of around four to five years.

Legal form	U.S. Limited Partnership
Address/registered office of the company	1516 South Boston Avenue, Suite 215 Tulsa, Oklahoma 74119
Year issued	2009
Year closed	open
Number of partners	currently 3
Type of income for tax purposes	Business income
The Properties
Type of use	Portfolio mix of 10 properties (office, retail, restaurants)
Address	Intersection of Legacy Drive and State Highway 121 Frisco, TX 75034
Year constructed	2005 - 2010
Site area	12,100 m² (130,000 sq.ft.)
Net leasable area	approx. 12,593 m² (135,500 sq.ft.)
Key Figures
Investment volume, in USD	3,700,000
Capital still available for subscription, in USD	700,000
Minimum investment, in USD	250,000

 

A niche specialist in the real estate industry, ACRON has been operating in Texas and Oklahoma for 25 years and during this time has built up a network of experienced and renowned partners. The alliance with Windmill Capital Partners L.P., which is part of this network, is an opportunity that came at the right time and the right place.

Reasons to Invest

• Reasonably priced opportunity at a particularly suitable location.
• Target return (IRR) of up to 20 percent.
• No blind pool → predetermined investment properties and amount.
• Constant stream of income from completed buildings.
• Experienced investment originator with 28 years in the industry – operating in the United States for over 25 years.
• Short investment horizon of up to five years.
• Asset management by ACRON USA.
• Priority ranking of ACRON Stonebriar Commons L.P. investment company over U.S. partner.
• Double guarantee: personally guaranteed return of capital invested after exit by U.S. partner Windmill and its partners.
• ACRON → interest only in profit – 25 percent profit after exit.

Project Target and Exit

After the project is completed and the occupancy rate has been subsequently increased to at least 95 percent of the buildings, the properties will be sold. The term of the investment is expected to be up to five years.

Project and Property Description

Ten properties featuring different types of use are being developed on the tract of land that comprises the Stonebriar Commons development area. The seven buildings completed within the past four years are already generating annual income of approximately USD 2,250,000. In addition to offices, the development features a number of high-end restaurants and retail shops.

In another phase of the development, apartment and residential quarters, called Residential 1 and Residential 2, will be built on Stonebriar Commons land. These quarters are not part of the investment, but contribute to the profit outlook of the development as a whole. After completion, Stonebriar Commons is slated to be one of the most sought-after residential and job sites in North Texas. For additional details on the project, please visit www.stonebriarcommons.com.