From time to time Caltech will act as General Partner to bring together a number of investors in the purchase of a single property. While the exact holding company structure utilized will vary from deal to deal depending upon the investment characteristics of the transaction, a portfolio loan is frequently included in the structure to provide offshore investors with a tax-free current return. At the same time, American investors are given a return that is sheltered from U.S. tax due to interest and depreciation deductions. Investors from countries such as Germany, who can take advantage of an existing tax treaty, will receive a similar tax sheltered return.
Many investors prefer a Single Property Fund to a larger multi-property fund since they can decide on a case-by-case basis those specific properties in which they wish to invest. Investors can still achieve a measure of diversification by investing in a number of Single Property Funds. The minimum size investment in these funds is usually $250,000 but some investors will place $1,000,000 or more in an individual property fund. While many of the Single Property Funds have acquired properties that were primarily focused on providing good current income, a number of the funds that Caltech has sponsored have also had an important capital gains component.
Caltech EM Fund is offering an opportunity to invest in Turkish direct real estate investments, particularly the residential, hospitality and retail sectors,... READ MORE
Was created to take advantage of the current distressed residential home buyer's market. The Fund is designed primarily to purchase selected foreclosed houses and REO houses from lenders for cash... READ MORE