CCI specializes in contrarian value add investments in the asset classes of office, industrial and land. We provide investment opportunities for accredited individuals and entities interested in improving their financial situation.
A Private Placement Reg D 506(c) offering is a type of securities offering that allows private companies to raise capital from accredited investors and is filed with the securities with the U.S. Securities and Exchange Commission (SEC). It falls under Regulation D (Reg D) of the Securities Act of 1933. The “c” in 506(c) refers to the specific rule under Regulation D that permits companies to use general solicitation and advertising to attract investors.
A secured promissory note is a legally binding written agreement between two parties, commonly known as the borrower and the lender. In this document, the borrower promises to repay a specific amount of money and any applicable interest to the lender within a defined period. It serves as a formal acknowledgment of debt and outlines the terms and conditions of the loan, including the repayment schedule, interest rate, and any additional fees or penalties.
Accredited investors are individuals who meet one of the following criteria: a net worth over $1 million (excluding their primary residence), individual income exceeding $200,000, or household income exceeding $300,000 for each of the previous two years, with a reasonable expectation of maintaining the same income level for the current year. If you are interested, kindly contact us to be added to our ‘contact us’ list and receive updates on current offerings.
While structured for US investors, any individual or entity can invest with CCI.
The minimum investment amount is $25,000 or a quarter LP share and full LP shares are $100,000.
Interest payments are paid out by the first of the following month. Our system allows the Investor to setup as many ACH accounts as they would like us to deposit interest payments to.
We offer investor the flexibility to choose whether to receive monthly interest payments or to defer and accrue the monthly interest payments until the note investment term has matured.
We understand that circumstances may arise where you are seeking a full or partial return of capital. In such cases, at note maturity, you can request a partial or complete return of capital. Note capital cannot be return prior to maturity of the note investment term, as these funds provide working capital to the respective partnerships.
Interest received is treated as ordinary income. You will receive a 1099-INT form by January 31st of the following tax year.
We work with several self-directed IRA custodians who can hold this investment on your behalf. These custodians handle all the tax reporting for the account. When the account is set up, they become the account owner, and you, as the investor, become the account beneficiary. As the beneficiary, you can direct those funds and choose from various investments, including our offering. While a bit more paperwork may be involved, we are here to assist you throughout the process to ensure a smooth experience.
There are no restrictions on what you can do with your investment at the end of the term. Once the term is complete, you can reinvest the funds, withdraw them, or explore other investment opportunities according to your financial goals and preferences.
We also offer note extensions, which allows you to extend the investment term beyond the initial period. For example, if you invest in a one-year note and decide to keep it after the year, you can extend it into a new one or two-year note, locking in the interest rate earned during the investment term. You can repeat this process at the maturity of each term, extending it further while securing the gains accumulated and getting the higher interest rate of the term you chose to continue with.
For LP share equity investments, while we cannot guarantee investment returns, we have a robust underwriting process, carefully assessing the each properties re-stabilized cash flows.
For note investments, we have a structured accounting team that has hit every note investor payment. Additionally, our security agreement and third-party property managers protect investor interests. It’s important to note that all investments carry some level of risk, but we strive to minimize risks and maximize returns for our investors.
There are no additional fees or expenses associated with investing with CCI. However, please note that if you choose to invest through a self-directed IRA, you may encounter additional expenses from the custodian of your IRA account.
In CCI’s note offering memorandum or “OM,” there is a lengthy legal document called a “Security Agreement,” which we welcome and encourage you to read. Still, I will paraphrase this conversation. If CCI defaults on any investor payment, be it Principal or Interest, the note collateral typically of a Class A LP share can be used to make the investors as whole as possible.
The investor will gain legal control over the collateral LP share within the partnership and may sell, hold or sell a portion of and collect on the balance, depending on the investor best interest.
CCI specializes in value add investment opportunities in the asset classes of office, industrial and land.
Investors find CCI through various channels including referrals from over 1,000 investors, RIAs, private family offices and IRA custodians. They have also discovered CCI through online advertising, our secondary LP shares marketplace LPShares.com and online crowdfunding website like Crowdstreet.com
Class A LP shares are an equity investment with a preferred return. Note investments have a yield that can be elected to be paid current or accrue until investment term maturity.
A partnership is formed for each asset, your investment is in an LP share in the entity that holds title to the property.
A preferred return means the investor receives a non-compounded return prior to any split in profits with CCI as general partner.
No, once a property is re-stabilized it will be reviewed to be sold. However, we will consider divesting a property at any time if we believe it is in the best financial interest of our investors. Events that typically trigger such consideration are refinancing, lease renewals of major tenants or changes in the local market.