Prestigious Properties offers well selected real estate investment opportunities – from time to time, when available, BUT NOT RIGHT NOW.
The MOST RECENT OPPORTUNITY (now sold out) was a $1.5M raise to allow some existing Kings Castle and Prism A LP investors to exit at rock bottom prices in Alberta. Their need to exit prematurely at the very bottom is your opportunity. The opportunity entails a co-ownership of a well located, fully leased, impeccably managed 120 unit apartment building with a super-low 1.46% CMHC mortgage, with a ~40% yield target (or ~ 1%/month) over its remaining target hold period of 3.5 years to spring 2026, when counting cash-flow, mortgage paydown and likely value upside through inflation, rental upside, in-migration, lifting of Covid restrictions and a more buoyant Alberta market in a high-tech city: Calgary with the majestic Rocky Mountains as its backdrop and weekend playground !
Calgary 120 Unit Apartment Building
Eligible investors can invest up to $2500
and
Accredited investors any amount over $2500
via the EMD Atlas One Digital Securities Inc
Not RRSP, RESP nor TFSA eligible.
Not a guaranteed investment.
NOW SOLD OUT
Prestigious Properties, chaired by Thomas Beyer, is usually an Exempt Market Product Issuer, sometimes also referred to as a real estate syndicator or a private equity issuer. We provide investments based on income producing real estate, typically apartment buildings or mobile home parks with city water in growth markets, or on occasion lucrative (but more risky) land development projects.
These investments were historically distributed as Exempt Market Securities, also referred to as Private Equity or Alternative Investments, usually through approved Exempt Market Dealers (EMDs) in Canada.
Prestigious Properties does not provide financial or suitability advice.
Please feel free to peruse our website, then please contact us or an EMD with any questions; or to learn more about what an EMD is please Click Here. Four EMDs used to distribute our Kings Castle investment offering: Triview Capital, Pangea, Ascendo and Royal Securities. We may use EMDs, new online EMDs such as addyinvest.ca or accredited investors-only for potential future offerings.
Need more Details ?
Learn about our people, our business model and our experience managing real-estate assets for the benefit of our customers, incl this previous but now sold out co-ownership opportunity
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Impressive Results
Prestigious Properties has proven time and again that intensive research and property management expertise really does pay off.
We pride ourselves on our ability to take under performing rental properties to new heights, providing investors with cashflow, tax-free equity growth and professional management. So how have we performed? See for yourself. Download our 2100+ unit track record, over 24+ years, below
Prestprop Track Record – 1Q 2024
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