Jamestown Invest is excited to announce that the company's current investment offering, Jamestown Invest 1, LLC recently surpassed $8 million in investments!
Of the $8M funds raised to date, over 90% has already been deployed into real estate. In March 2020, we acquired a controlling 51% interest in Southern Dairies @ Ponce City Market, a historic adaptive re-use office campus in Atlanta for $7.3m of equity. In the last few months, our vertically integrated team of real estate professionals has executed a number of major repositioning objectives including signage, a parking program, wayfinding, courtyard refresh and campus wide public wifi.
Looking to what’s next, our goal is to raise additional subscription proceeds to acquire our second real estate investment, such as the Upper Westside Portfolio. The Upper Westside Portfolio, identified as a Target Investment by Jamestown Invest, is a four-building industrial/showroom campus in Atlanta, which we believe exemplifies the Fund’s value-add strategy. Approximately $500k of currently undeployed capital is also being reserved towards our next asset acquisition, which we hope to invest promptly subject to meeting additional fundraising goals.
As you consider making an investment with us, know that we intend to put your investment to work through supporting our strategy to acquire and manage a diverse pool of real estate properties within our target markets. We believe that our targeted properties, such as Southern Dairies @ Ponce City Market and the Upper Westside Portfolio, and our targeted geographies, such as Atlanta, GA, have displayed strong performance and are expected to be well positioned for continued healthy rent growth moving forward. Read more about our investment strategy here and our target investments here.
With Jamestown Invest 1, LLC, Jamestown intends to bring its 35+ year experience, previously only available to institutional investors and German retail investors, to individual U.S. investors.. This offering will provide an opportunity to invest directly in the Fund for as little as $2,500 with minimal upfront fees paid by the investors. Jamestown has made co-investments totaling $2 million to ensure that the Jamestown Invest 1, LLC is fully aligned with the interests of its investors.
Please share our campaign page with friends and family who would like to diversify their investment portfolio with the addition of real estate, alongside Jamestown. We look forward to welcoming you to our community!
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. Jamestown’s current and previous portfolio of projects and properties 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.