FAQ – Alturas Capital | Real Estate Fund
 

Frequently Asked Questions

 

Investors FAQs

This section provides answers to commonly asked questions on becoming an investor in the Alturas Real Estate Fund.

Alturas Capital was formed in 2009, and began investing in real estate in 2011. The Alturas Real Estate Fund ("the Fund") was formed in 2015. Alturas Capital Partners was formed in 2015 to manage the Fund.

The Fund invests primarily in commercial real estate, including office, industrial, retail, and multi-family property, and also in residential real estate.

The Fund targets the Pacific Northwest and Intermountain West - including the states of Idaho, Washington, Arizona, Colorado, Oregon, Utah, and Nevada.

We utilize a partnership model to source properties for the Fund. We work with real estate professionals and tenant partners to identify potential deals. We've found that when we do business the right-way, people want to continue to want to do business with us.

It is an open-ended, evergreen fund. This means that the Fund does not have a definite lifespan. The Fund takes in money as needed for new projects and other capital needs.

$250,000 is currently the minimum investment in the Fund.

Equity investments have a 24-month lock-up period, after which an investment can be withdrawn subject to the terms of the Operating Agreement. To obtain a copy of this and any other Fund documents submit your information on the contact form on the website.

The fee structure is outlined in the Private Placement Memorandum (PPM) and the subscription documents which can be obtained from the Fund Manager using the contact form on the website.

During the initial 24-month lock-up there is a 5% exit fee, but none after that period ends.

The Fund does not operate using reservation, commitments, or capital calls. Money is placed in line once subscription documents are executed by all parties and money is received. All funds are deployed on a first-in, first-out basis.

Investment capital is deployed on a first-in, first-out basis.

Distributions to equity investors are typically paid out within 45 days after the end of each quarter.

Yes, the dividends can either be distributed or reinvested.

Yes.

No.

Yes, the Fund is an approved investment on Fidelity's Alternative Investment Platform (AIP).

Yes, certain income is subject to UBIT. Please consult with an accountant or tax professional.

Yes, the Fund has an active Advisory Board.

Yes, the Fund is required to have yearly audited financials by an audit firm registered under the PCAOB.

Contact an investment representative at by submitting your information on the contact form on the website.

The timing of deployment is fluid, and contingent on many circumstances, such as deal flow, capital improvements, disposition of fund assets, residual cash-flow from the existing portfolio, among other factors.

In order to learn more about the Fund, please submit your contact information on through the contact form on the website.