The Wall Street Journal
January 1, 2017
Small Investors Are Crowdfunding Property Deals While Stuck at Home
Jamestown Invest
A tangible way to invest in real estate
Atlanta, GA
Real Estate
Are you considering your investment strategy? Jamestown Invest is a digital platform that connects nearly anyone to rigorously-vetted, institutional-quality real estate with a minimum investment of $1,000 made online.
$200,850
raised
98
Investors
$9.94
NAV/share
$10.00
Price per Share
$1,000.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$47.6M
Offering Max
0
Days Left
This offering ended on December 16, 2020 and is no longer accepting investments.
Offering Circular | Selected Risks Related to this Offering | Jamestown Invest 1 LLC SEC Edgar Page
For more information on Jamestown Invest 1, LLC, download and review the Offering Circular. The Offering Circular should be reviewed before making an investment decision.
Reasons to Invest
Add something tangible to your investment portfolio with commercial real estate
Diversification may reduce risk in an overall portfolio strategy; consider adding real estate with a 5-7 year holding period
Invest alongside a well-capitalized, stable and reliable manager with $11.9 billion of assets under management worldwide as of March 31, 2020
*Disclaimer: Total combined raise includes common shares sold in Reg D and current Reg A offering as of 10/30/2020. The Reg A amount is a combination of shares sold through StartEngine and other broker-dealer involved in the offering.
Why Commercial Real Estate?
One of the most important aspects of any investment portfolio is diversification - this may reduce your risk in an overall portfolio strategy. As a tangible asset, consider adding commercial real estate to your portfolio.
Although real estate investments are still considered to be long term investments, they can provide cash flow and passive income through dividends.
Additionally, real estate traditionally sees less volatility than the stock market.
While private real estate investments are generally considered to be long term, they have the potential to provide cash flow to investors through the collection of tenant rents and fees.
*Disclaimer: Diversification is an important aspect within investment portfolios as it has the ability to reduce exposure to certain idiosyncratic risks. Jamestown Invest 1, LLC's strategy is to acquire and manage a portfolio consisting of real estate investments in urban infill locations which, in the future, could provide access to a diverse mix of assets. At this time Jamestown Invest 1, LLC has acquired one asset.
The graphic above is representative of data as of 09/30/2020
*Disclaimer: The historical returns provided are backward-looking and do not take into consideration the adverse economic effects of the COVID-19 pandemic. These economic effects are unknown, unpredictable, and could have a material adverse impact on commercial real estate investments.
NCREIF Property Levered Index (“NPI Levered”) sourced from NCREIF (NCREIF.org). Review our full disclaimer by clicking here.
Why Jamestown?
When you invest with Jamestown, you are doing so alongside a well-capitalized, stable, and reliable manager with $11.9 billion of assets under management worldwide on behalf of more than 80,000 investors across 31 realized funds (as of March 31, 2020).
The graphic above is representative of data as of 06/30/2020
Current and previous projects of Jamestown Management include:
- Chelsea Market in New York City
- One Times Square in New York City
- Ghirardelli Square in San Francisco
- The Innovation and Design Building in Boston
Along with these properties, Jamestown invests in and manages office, retail, grocery-anchored shopping centers, and residential buildings in markets around the world. *
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*Disclaimer: Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
The Jamestown Advantage
Jamestown believes it brings a competitive advantage as a vertically-integrated operator, which enhances value from acquisition to disposition.
Jamestown understands the value and critical importance of community and collaboration. Jamestown is well-versed in the art of designing vibrant, curated, accessible, and welcoming environments in which we work, live, shop, and play. We're committed to raising the bar for innovative placemaking through tenant curation, site activation and programming, and reconfiguring public spaces.
Investment Details
Jamestown Invest 1, LLC is an investment fund formed to acquire and manage a portfolio of real estate investments in urban locations in the path of anticipated growth.
Jamestown Invest 1, LLC Investment Objectives
- Acquire and manage a portfolio of real estate investments in urban locations in the path of anticipated growth
- Focus on properties we believe can produce a consistent cash distribution after successful repositioning or redevelopment, and the opportunity for capital appreciation over an expected 5-7 year hold period
- Acquisition may include properties with potential for market repositioning, redevelopment, or ground-up development
*Disclaimer: Actual results may differ from those indicated in these financial projects and in such other forward-looking statements. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
Jamestown Invest 1, LLC - Active Asset
Majority Interest Acquired: Southern Dairies at Ponce City Market
A five-building office campus located on North Avenue in Atlanta's Old Fourth Ward Submarket, near Ponce City Market, the BeltLine Eastside Trail, Piedmont Park, and Inman Park.
The project is a creative office conversion of an early 20th century dairy distribution plant, listed on the National Register of Historic Places. Office spaces feature high ceilings, historic finishes and unique architectural details.
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Jamestown Invest 1, LLC - Target Asset
Upper Westside Portfolio
A portfolio of flex-industrial buildings in Atlanta's Upper Westside submarket, which has experienced an influx of use, with open space, high ceilings, natural light and ample parking.
The buildings offer similar-quality showroom space at a relative value compared to nearby Buckhead and Peachtree Hills, while remaining proximate to customer and I-75/I-285 interstate access.
Our mission is to transform spaces into hubs for innovation and community. We've built our reputation on developing vibrant, community-driven properties, but it's behind the real estate that you'll find the real soul of our investment projects.
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*Disclaimer: Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Terms[1]
[1] Please download the Offering Circular for detailed descriptions of all Fund terms.
[2] Additional standard real estate operating fees will be paid by the Fund and will be reflected in the NAV. Please see the Offering Circular for a detailed description of all fees.
[3] Includes aggregate capital distributions and dividends paid to all shareholders over the Term of the Fund, less the initial purchase price for all shareholder interests.
[4] The Fund's NAV will be reduced by any applicable amount of Participation Allocation as of each NAV update, and will be payable (to the extent it is earned), at liquidation of the Fund by a reduction in distributable proceeds to shareholders.
[5] NAV per share may be less than the purchase price per share.
Risks
Investing in Jamestown Invest 1, LLC's common shares is speculative and involves substantial risks. The "Risk Factors" section of the offering circular downloadable on this portal contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergencies. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. The information and material presented on this website does not constitute investment advice and should not be viewed as a current or past recommendation to buy or sell any securities or adopt any investment strategy. Any decision to invest in Jamestown Invest 1, LLC should be made after reviewing all relevant documents, including the Offering Circular, conducting such investigations as you deem necessary and consulting your own legal, accounting, tax, and other advisors in order to make independent determinations of the suitability and consequences of an investment in Jamestown Invest 1, LLC.
Jamestown is not a registered broker-dealer. Jamestown does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities on this site are being offered by, and all information included in this communication is the responsibility of, the applicable issuer of such securities. Jamestown has not taken steps to verify the adequacy, accuracy, or completeness of such information. Neither Jamestown nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind related to the adequacy, accuracy or completeness of any such information on this site or the use of such information on this site. This website is only suitable, intended and available for residents of the US who are familiar with and willing to accept the risks associated with private investments and able to bear the loss of their entire investment. The offering on this site is conducted by North Capital Private Securities Corporation, Member FINRA/SIPC located at 623 East Ft. Union Blvd., Suite 101, Salt Lake City, UT 84047. NCPS does not make investment recommendations and no communication should be construed as a recommendation for any security offered. You can review the brokercheck for NCPS here. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy.
All prospective investors must certify that they meet the suitability standards and must acknowledge that they have received and read all investment materials. The securities offering in this communication is speculative. There is a potential for loss of part or ALL of investment capital. Neither the SEC nor any federal or state securities commission or regulatory authority has recommended or approved any investment or reviewed the accuracy or completeness of any of the information or materials in this communication. Prior results are not indicative of future performance and any "forward looking statements" or returns shown on the website are illustrative examples only and actual results may vary materially. All investors must make their own determination of whether or not to make any investment, based on their own independent evaluation of the investment and their risk tolerance.
For more information on Jamestown Invest 1, LLC, download and review the Offering Circular. The Offering Circular should be reviewed before making an investment decision.
In the Press
Propmodo
January 1, 2017
Jamestown's New Crowdfunding Platform Could Change the Way People Invest in Their Communities
Updates
Last day of this round of funding!
7 months ago
A Note from Jamestown CEO, Matt Bronfman
At Jamestown, we roll up our sleeves and identify and effectuate potential value-add solutions. We are an established real estate operator with over 37 years of experience through multiple cycles. For the benefit of all our stakeholders –our employees, tenants, and investors – we strive to be a long-term, sustainable organization which is part of our value-add strategy. We’re focused on making Jamestown a thriving organization for the long haul and making a positive impact on the communities where we operate. We look forward to having you invest with us and join more than 300 investors in our first offering for U.S. individuals!
Matt Bronfman
CEO, Jamestown
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
[WJ1]Do we have any images we can include here?
Real estate investing made easy
7 months agoInvest with simplicity, no upfront fees*, and greater confidence – with as little as $1,000. Join over 300 commercial real estate investors in a growing fund with $8.3 million under management as of November 30, 2020.
*See Offering Circular for a comprehensive summary of Management Compensation. Ongoing annual fees: Fund administration fee: 0.60% of Net Asset Value (NAV). Asset management fee: 1.25% of NAV. Participation Allocation (i.e. Incentive Fee): 20% of total shareholder profit before reduction for Participation Allocation, paid at Fund liquidation (as applicable). Asset disposition fee: 1% of Fund’s share of contract sales price.
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
Final days to invest alongside experience
7 months agoJamestown Invest 1, LLC is a real estate investment trust pooling capital from more than 300 investors to acquire commercial real estate in the path of growth with the goal of creating value over a 5-7 year period. Invest at the same terms as Jamestown’s principals and employees, who are the largest shareholders in the fund.
1. See Offering Circular for a comprehensive summary of Management Compensation. Ongoing annual fees: Fund administration fee: 0.60% of Net Asset Value (NAV). Asset management fee: 1.25% of NAV. Participation Allocation (i.e. Incentive Fee): 20% of total shareholder profit before reduction for Participation Allocation, paid at Fund liquidation (as applicable). Asset disposition fee: 1% of Fund’s share of contract sales price.
2. As of September 30, 2020.
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
Meet one of our 300+ investors, Adam Richmond
8 months agoDuring a recent investor tour at Southern Dairies, we learned more about Atlanta area investor, Adam Richmond.
"Why do you invest in commercial real estate?
I love that you can touch and see real estate. It's tangible, it's not disappearing and you can't make more land. There's something lasting in that thought. With that said, in the world of commercial real estate, the average person does not have the capital to invest in anything of significance nor do they have the management expertise. With those limitations, I am still personally looking for access to institutional-quality commercial real estate. "
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
View our investor orientation webinar
8 months agoWant to learn more about what Jamestown Invest is and how you can be more involved? Watch this month’s investor relations orientation.
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
One week remaining on this round of Start Engine funding - what’s next?
8 months agoLooking to what’s next, our goal is to raise additional subscription proceeds to acquire our second real estate investment, which may be the Upper Westside Portfolio, identified as one of our target investments. The Upper Westside Portfolio is a four-building industrial/showroom campus that may be repositioned to attract a diverse set of users within the growing Upper Westside submarket of Atlanta, which we believe exemplifies the Fund’s value-add strategy. Approximately $500k of capital is currently undeployed and is being reserved towards our next asset acquisition, which we hope to acquire upon meeting additional fundraising goals. We believe that our current and targeted properties, Southern Dairies @ Ponce City Market and the Upper Westside Portfolio, located in one of our targeted geographies of Atlanta, GA, have displayed performance in line with our objectives and are potentially well positioned to see continued healthy rent growth moving forward.
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
Transforming underutilized space
8 months agoYour investment dollars are funding a project budget of approximately $190,000 to repurpose an approximately 5,000 sf space (formerly built for restaurant use) as creative office space due to the compelling and collaborative office environment on-site.
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
Invest in historic buildings.
8 months agoDid you know Southern Dairies @ Ponce City Market is listed on the national register of historic places and was originally developed in the 1930s as a dairy and ice cream production and distribution facility? Jamestown is known for adaptive reuse projects that preserve and maintain the history of unique properties. We believe these properties are like antique cars that appreciate over time with proper maintenance and care.
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
Focus: Atlanta 2020 Conference
8 months agoThis month, Jamestown’s CEO Matt Bronfman joined Capital Analytics Focus: Atlanta 2020 conference along with other real estate leaders to discuss the region’s economic climate and preparation for a post-pandemic world.
Hear directly from Matt and his panel at 41:55 of the full conference video.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The Risk Factors section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
2 weeks remain in this round of funding
8 months agoInvest in healthy office campus environment. Tenants can enjoy as much or as little interaction as they please. Southern Dairies’ location across the street from Ponce City Market and its incorporation as an extension of the PCM campus offers the amenities of a full mixed-use environment without the traffic or congestion of being physically located in a bustling mixed use building. Other noteworthy attributes include:
• 66% of leasable space is accessible via private tenant entrances (not through common areas).
• 89% of leasable space is accessible without using an elevator.
• All suites have individually controlled HVAC units, high ceilings and most have sawtooth roofs for better air circulation.
• The campus has an abundance of outdoor green space, including a redesigned courtyard.
• Several spaces have private tenant patios in excess of 500 SF on the ground floor.
• The entire property is surface parked (no parking decks which tend to have poor air circulation and elevators).
Jamestown's current and previous portfolio of projects are not representative of Jamestown Invest 1, LLC's investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Prior performance is not indicative of future results.
Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified.
