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1001 E. Main Street - Unit E

St. Charles, IL 60174

(630) 253-3793

Our offerings are intended for ACCREDITED INVESTORS. THIS MATERIAL IS NOT TO BE USED IN CONNECTION WITH ANY GENERAL SOLICITATION. THIS WEBSITE MATERIAL HAS BEEN DESIGNED FOR INFORMATIONAL PURPOSES ONLY. It does not constitute an offer to sell nor a solicitation of an offer to buy any security. All offers to invest in PROPCOVEST be made only by reading and accepting all the terms of a confidential Private Placement Memorandum (the “Memorandum”). Please be aware that the website and all marketing material provided herein does not replace the Memorandum. THESE INVESTMENTS INVOLVE VARIOUS DEGREES OF RISK. 

  © 2018 Propcovest by Equicap Commercial, LLC  

INNOVATIVE SOLUTIONS.

Value Proposition

Propcovest provides operators and developers a funding solution to build and operate new senior housing projects. Our “lease-to-own” program has no equity requirements and will fund 100% of the capital stack.

Operator Benefits

  • 100% of Capital Stack

  • 100% of Project Cost

  • No Equity Requirements

  • Flexible Underwriting

  • Bridge to HUD / Agency Financing

  • Defined Buyout Options

  • Programatic Opportunity

Typical Lease Terms

  • 15 Year NNN Lease 

  • Rent Commencement - Negotiable up to 12 months after Certificate of Occupancy

  • 8.00% - 9.00% Rent Constant of Project Costs

  • 2.00% Annual Escalations

Project Costs Include

 

  • Land, Hard Costs & Soft Costs

  • FF & E Costs

  • Development Fees

  • Contingency & Interest Reserves

  • Closing Costs

Terminal Values

  • Months 1-24:         Project Cost x 1.125 

  • Months 25-36:      Project Cost x 1.15 

  • Months 37-48:      Project Cost x 1.20

  • Months 49-60:     Project Cost x 1.25 

All terms and conditions subject to change and customized programs on a case-by-case situation.