Offering Terms
Highlights
Monthly Subscriptions
Monthly Distributions1
Quarterly
Liquidity2
1099-DIV Tax Reporting
Key Terms
About
GSREIT is a perpetual life real estate investment trust (REIT) focused on high-quality multifamily in the Southern US
Structure
Private, perpetual life REIT
Sponsor/Advisor
Greenwood Star Holdings, Inc. / Greenwood Star Asset Management, LLC
Portfolio Allocation
Target at least 80% in multifamily real estate and up to 20% in real estate-related securities, cash and/or cash equivalents
Offering Price
Generally equal to our prior quarter’s Stabilized Asset Value (SAV) per share
Valuations
Quarterly SAV per share will generally be available within 15 calendar days of quarter end and will be made available on our website
Subscriptions
Monthly
Distributions
Monthly
Preferred Return
6% per annum
Distribution Reinvestment Plan (DRIP)
Yes
Suitability Standards
Accredited
Minimum Initial Investment
$100,000
Initial Holding Period
1 Year
Liquidity
Quarterly, subject to our Share Repurchase Program
Tax Reporting
Form 1099-DIV
Advisor Fees
Management Fee
1.5% per annum of SAV
Performance Participation
Allocation
80%/20% of Total Return, subject to 6% Preferred Return hurdle with carryover from prior periods
No Placement Fees
The Fund does not charge any placement fees or selling commissions
The key terms, fees, and other information presented herein are provided for reference purposes only and do not purport to be complete. Information provided herein should not be used or considered as an offer to sell or a solicitation of an offer to buy an interest in GSREIT or any investment. Investors should carefully review the Private Placement Memorandum (“PPM”) and related offering documents in their entirety before making an investment decision.
- Distributions are authorized by GSREIT’s board of directors and are not guaranteed.
- Liquidity is provided through GSREIT’s Share Repurchase Program, which has quarterly limits and may be suspended.
