Why invest with Cirrus Capital?
Cirrus Capital treats investors as partners on every transaction. We adhere by SEC guidelines & we only work with those who we have an existing relationship with prior to any investment. We provide opportunity for investors to have stake in tangible investments along with a transparent understanding of where their return is coming from.
Our investors can learn as much as they desire to about each project we work on. We keep in constant contact through monthly updates along with remaining just a phone call a way to answer any and all questions you have throughout our partnership.
What is an accredited investor?
The SEC defines an accredited investor as an individual with a net worth of at least $1 million or an annual income of $200,000, or $300,000 for married couples, for at least three years.
How are distribution levels determined and how frequently are they paid?
Distributions are a function of income generation at a property for a given period. We generally target distributing the offered preferred each quarter, in addition to any additional upside at the end of Q4 each year. If a property performance is strong, distribution levels can be above projections and if property performance is weaker than expected, distributions may be below targets.
What happens to the money when I fund an investment?
Funds can be wired directly into the subscription account of the fund, or sent by check.
How will I be updated on the progress of my investment?
Investors will receive asset management updates via email on each investment and a detailed investor report.
What type of accounts can I invest with? Can I invest IRA, QRP, or 401K money?
Yes. We currently support personal investment accounts, joint accounts, and certain entity accounts (Trusts, Limited Liability Companies, Limited Partnerships, C Corporations, and S Corporations). You will need to contact your IRA, QRP, & 401K provider to obtain the required forms if investing with a retirement account. Returns will be issued to the retirement account. Discuss with your CPA & retirement plan custodian to learn more about the tax treatment.
How are investors compensated upon a refinance?
In the event of a refinance, investors would be compensated as they would for a capital transaction. In other words, at refinance, any proceeds received will go directly back to investors, paying down their initial principal. This decreases investors initial equity exposure, while maintaining their pro rata share of ownership within the deal.