Deal Communications and Updates
At Saorsa Capital, we are constantly sourcing and qualifying great real estate investment opportunities. Whether it’s working with brokers or reviewing off-market opportunities we leverage various methods in pursuit of great multi-family assets. Throughout the deal identification process and, most importantly, while managing the deal we lean on our values and principles, including a commitment to transparency to our investors, partners, and various other supporting organizations. This commitment includes a comprehensive communications approach ensuring that our prospective investors are in lockstep from opportunity identification through closing the deal. This article details our communications strategy which provides transparent and timely updates to our investors throughout the deal development lifecycle. Communications begin once we've identified an opportunity that meets our investment criteria and passes our initial deal review phase. Key communications that you can expect include:
Deal Alerts
Deal Updates
Webinar Invites & Business Plan Overviews
Deal Alert:
Our first notification, the Deal Alert, is emailed out to our prospective investors once we’re “under contract” with the seller. This communication provides a comprehensive overview of the investment opportunity. The deal alert will generally include details such as the property location, the number of apartment units, when the asset was built, the asset class rating, an overview of the market conditions, and why we, the General Partners, like this investment opportunity.
At this stage, we will have initiated inspections and due diligence proceedings. During this extremely crucial phase, we may uncover findings, previously not available to us, that may influence our business plan. Since the Deal Alert is sent out prior to inspections and due diligence, we will generally not include any financial or investor projections.
It’s important to note that if you become interested in the opportunity, this is the critical point to reach out to us and express your interest or ask questions. This will allow us to gauge the collective interest from investors and ensure we address any and all questions and concerns.
Deal Updates:
Deal Updates are subsequent communications that follow the deal alert which combines the investment overview included in the deal alert with updated investment details based on post-inspection evaluations. These communications will frame the investment opportunity, provide greater detail around the investment strategy, projected hold period, minimum investment, shareholder deal structure, targeted returns, and expected timing of distributions.
Deal updates will also include subscription updates which indicate the funding commitments;. this is also referred to as the participation level. In addition to the subscription of participation percentage, our deal updates will indicate how much equity (funding) has been committed by investors such as yourself and the outstanding amount required to close. The typical timeframe from deal alert to achieving a fully subscribed opportunity can be a few days to a few months depending on the size of the deal and interest from investors.
Webinar Invite & Business Plan Overview
Lastly, an invite for a virtual discussion will be sent out for us to share, in detail, our business plan for operating the asset. This will include construction plans if renovations are required, planned rent increases, projected cash flows, and a sound exit strategy. More importantly, this will provide an opportunity for prospective investors to meet (virtually) the team and ask any questions they may have regarding the deal. We highly encourage anyone, not just our investors to take part in these sessions. A recording of this virtual discussion will be available on our investor platform to view at your convenience.
In closing, all of our communications will include a “Invest with US!” button/link, which will allow you to register or login to our investor management portal and participate in the deal or future deals. The investor management portal will contain all the relevant due diligence documents, the business plan overview, the shareholder operating agreement, and funding instructions.
If you have any questions about current deals, future deals in our pipeline, or further questions about the process we undergo, please contact us today.
