The Company has an internal accounting mechanism for each Investment based on the creation and allocation of “Units”. Each Investment will have a fixed number of Units, and each Unit will have a base value of $10.00. All Units for each Investment will be initially allocated to the Manager’s Series Account corresponding to the Investment, and subsequently allocated to Investors whose Capital Contributions or other income is allocated by the Manager into the Investment. See “Summary of Key Terms.”
The Company intends to primarily invest in real properties with potential to provide immediate or near-term cash flow and additional returns upon disposition or refinancing. The Fund’s focus encompasses a broad range of property types under the commercial and housing umbrella, including but not limited
Kenneth’s successful real estate career spans more than fifteen years, he has been on both sides of real estate transactions, filling both advisory and principal roles. His expertise includes raising capital, investment brokerage, leasing, acquisitions and dispositions. He is a licensed realtor in multiple states located within the Southeastern United States. Kenneth is a graduate of Wofford College with a B.A. in economics.
I manage a real estate investment company located in Wilmington, NC. My experience includes both principal and advisory work with real estate and real estate companies valued in excess of $100 million.My principal work is with both residential and commercial real estate. I either invest directly in the property or I purchase the loan associated with the property. I welcome inquires from financial institutions, brokers, asset managers and principals. I am currently pursuing acquisitions in the Southeast.
1) Strategic Founder: Established Southmark Capital in 2009, applying insights from a 14-year tenure managing a family office and a deep CPA background to navigate and capitalize on opportunities arising from the Great Financial Crisis.
2) Expert in Real Estate Investment: Has led the acquisition of over $185 million in assets, focusing on a strategic blend of opportunistic investments, distressed opportunities, and distressed notes, with an exceptional average return of around 20%.
3) Proven Track Record in Investor Returns: Orchestrated more than 40 transactions, maintaining an investment duration of 2-3 years and ensuring a minimum return of 8% on any investment, demonstrating significant investment acumen.
4) Innovation in Fund Strategy: Currently spearheading a new fund targeting emerging opportunities in real estate lending, apartment acquisitions, distressed assets, and self-storage facilities, leveraging market dynamics for value and growth.
5) Visionary and Forward-Thinking Leadership: With a background in running a family office and profound financial expertise, Kevin has steered Southmark Capital to be a beacon of innovation and success in the real estate sector, consistently delivering growth and value.
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