Participation suited to your financial goals and circumstancesNo two investors are in the same. You may be very young and ready to invest for the long-term, very wealthy, just your average income earner, or at a point in your life where your primary interest is in attaining annual cash flow while preserving your nest egg. At Prestigious Properties we understand, and that's why we create different investment vehicles to choose from. three ownership options to choose from
 
Multiple Partners Limited PartnershipThis is our most popular and common offering. Several investors will share in the building, group of buildings, cash-flow and equity appreciation or value creation, usually through a limited partnership or joint venture. The investor will be given an option to exit at any time, although a commitment for about five years is expected to obtain full benefits of a participation in the improvement of under-performing assets. The minimum investment is $25,000 (5 units @ $5,000) or multiples thereof, or $10,000 in an RRSP.
 
Individually Owned, Managed By Prestigious PropertiesIndividually owned, managed condo, where the investor selects the leverage and mortgage amount, and provides the downpayment towards the purchase. The investor receives monthly payments from rent received, and decides when to sell. Participation in a rental pool is also an option, whereby payments continue if and when a tenant leaves and until a new tenant is found.
 
Major Partner Institution or High Net Worth IndividualInvestment terms can be set to meet the unique requirements of institutional investors and individuals with a high degree of personal net worth. The minimum investment for this option is usually more than $2,000,000.The investor signs one document up front, and all paperwork is taken care of. Prestigious Properties will work with a set of banks to offer pre-approved, low rate, up to 75% (or even 85% in some cases) mortgages. Will send monthly statements and will take care of all property management issues.It may be an investment in one building or many buildings, exit options are flexible, as are cash-flow arrangements. For instance, it might be prearranged to take equity out after a certain period, then refinance and hold longer term.The Major Partner option allows for customized arrangements to achieve the right balance of short term gains and security, or long term equity growth with an eye on cash-flow.
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