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RESIDENTIAL REAL ESTATE REBOUNDS! |
Link:
Tuesday, December 15, 2009
Dear Member-Partners and Friends,
You may have seen the news: the housing market has come roaring back!
According to Statistics Canada, the value of residential building permits shot up in October by $3.4 billion over the previous month. As you'll read in the Real Estate Rebounds! Report for our Member Partners on the state of residential real estate in Canada, with interest rates at historically low levels, many people are starting to line up again to buy homes - either a starter one, or to move up to something bigger.
You may be wondering how you can take advantage of this. Through its IGW Residential Capital LP, League offers a selection of Canadian residential real estate with potential for capital appreciation. These properties - Chimney Springs in Vegreville, Alberta; and Rosewood Towers and Wellington Suites in Hamilton, Ontario - have either already been converted to condominiums or are in the process of conversion, all with significant upgrades. In addition, the ResCap LP has acquired a development site upon which we plan to build entirely new housing.
In moving these properties from the IGW REIT into this limited partnership, League felt that they all had significant unrealized value that could translate to profit potential for participating Member-Partners.
I invite you to consider this investment, which would allow you to a share of a Real Estate Limited Partnership with the potential for capital gain and increased diversity.
If you have any questions at all about this investment, please call your Member Services Manager, who will take excellent care of you.
Warmest regards,
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Emanuel F. Arruda
Founding Partner
League Assets Corp.
Learn, Earn, Live, Give.™ |
This document is for information purposes only and is not an offer to sell or a solicitation of an offer to purchase securities. Only persons who satisfy an exemption from the prospectus and registration requirements may invest in this project. In general this means that you must either be an accredited investor or invest a minimum of $150,000. |
About League Assets Corp.
Click to download:League: The World's Intergenerational Wealth™ InstitutionThrough
the provision of investment education and opportunity, League helps
individuals and families create Intergenerational Wealth™ while
contributing to the betterment of society. Victoria, BC-based
League Assets Corp. manages the IGW REIT, one of North America's
fastest-growing private Real Estate Investment Trusts, comprising a
portfolio of Canadian commercial, industrial, multi-family residential
properties which, together with the other entities that League
administers, has combined assets approaching $400 million. The IGW REIT
exists to find, acquire, improve and manage real estate properties on
behalf of its more than 1,700 Member-Partners. Combined with its other
investment pools, League is currently managing and developing assets
with approximate build-out values totaling $2 billion. For more information, read The Blue Book of Real Estate Syndication.
How to Join LeagueIf you've already read the Blue Book, just complete and return a Notice of Interest form (below) for either the IGW REIT, or one of League's other investment pools. Once received, your Member Services Manager will send you the Investment Overview, along with the Offering Documents and Subscription form. These documents provide the disclosure you'll rely on to make your final investment decision, including the investment's structure, finances, risks, and rewards. If you have any questions or need help understanding any of the material, your Member Services Manager is always available to help. Download the Notice of interest form:
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Where to get help:
Need help with your subscription or questions about an investment?
Call 1-877-772-8836 and ask to speak with a Member Services Manager.
Looking for status updates on our projects?
News and updates are released to all our members simultaneously and posted on our website as quickly as confirmed information is supplied.
To read the latest, visit: www.league.ca/newsroom/
Other Information:
New unit values are announced on the last day of February, May, August and November.
The State of the Units Report is published quarterly in March, June, September and December on the Newsroom page of League's website. This includes detailed updates on ongoing activities at each property.
Distribution payments
begin on the 21st day of the month following the day you invest. You
need not wait until the next revaluation to subscribe and begin
receiving your distribution payment.
Tax slips are issued for Limited Partnership and REIT unitholders by March 31st each year. Please note that electronic filing is not possible for Limited Partnerships less than one year old.
To review how the revaluations are performed, click here or review the Frequently Asked Questions section of the current Investment Overview available in the Members Area of League's website.
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