Investment Track Record
Over the last 15 years, equity invested in 70 different deals generated total distributions of more than $1 billion.
Our current portfolio includes over $700 million of initial equity invested in 61 deals; $322 million (46%) of equity has been returned via refinances (non-taxable events).
Annual distributions of $37 million reflect a 6% cash-on-cash on original equity invested and 13% on outstanding equity invested. For investments purchased prior to 2015 (where ColRich has had time to execute on our business plan), cash-on-cash on outstanding equity averages 48%. In addition, nine investment sales averaged a 2.9x equity multiple and a 30% IRR.
Property prior to renovation.
Acquired: 2012
Sold: 2014
Equity Invested: $4.9 million IRR: 41%
Equity Multiple: 2.4x
Property prior to renovation.
Acquired: 2014
Equity Invested: $14.8 million
Total Distributions: $13.6 million
Increase in NOI: 41%
