Total impact one Fla. home sale has on the economy? $77,858 Fri, 14 Jun 2019 13:01:36 +0500 NAR analysis: In Fla...
The new frontier for 'healthy' homes? Ventilation Mon, 17 Jun 2019 14:14:51 +0500 Closed-up indoor air...
Rental scams so common that some owners police Craigslist Mon, 17 Jun 2019 14:20:46 +0500 The rental-home scam...
Can my renters smoke weed indoors? Can they grow it? Mon, 17 Jun 2019 14:13:51 +0500 A Fla. law approved ...
Opportunity Zones: Real estate dominates the tax breaks Mon, 17 Jun 2019 14:19:46 +0500 It takes 10 years fo...
5-year flood insurance bill could get full House vote Fri, 14 Jun 2019 13:02:29 +0500 The House Financial ...
Why aren't boomers downsizing their homes? Mon, 17 Jun 2019 14:17:47 +0500 A growing number of ...
Gov. DeSantis considering impact and permit fee bills Fri, 14 Jun 2019 13:03:11 +0500 Two bills await a si...
Commercial RE executives bullish on U.S. market Fri, 14 Jun 2019 13:40:13 +0500 While an economic sl...
Some tiny home owners think they're a bit too tiny Mon, 17 Jun 2019 14:16:34 +0500 Tiny-home buyers inc...
Quicken Loans paying $32.5M in suit over faulty FHA loans Mon, 17 Jun 2019 14:15:39 +0500 The government accus...
More economists predicting interest rate cut Fri, 14 Jun 2019 13:29:57 +0500 A Wall Street Journa...
Airbnb guests concerned about surveillance Fri, 14 Jun 2019 12:58:21 +0500 Survey: 1 in 10 Airb...
Enter to win the ENVY Award Fri, 14 Jun 2019 12:58:58 +0500 Calling for entries ...

 

ROYAL NORTHGATE GROWTH & INCOME, INC

$25,000,000.00

5,000,000 shares of preferred shares – maximum offering

200,000 shares of preferred shares – minimum offering

Minimum Investment: 10,000 shares ($50,000.00)

We are a Florida corporation organized on June 11, 2015. We intend to acquire a diversified portfolio of residential income producing properties in the Eastern Central Florida region of the United States. We will focus primarily on single family homes, multi-family properties up to 40 units, condominiums and townhomes. We also may invest in small commercial properties under $1 million. We are offering 5,000,000 shares of our cumulative convertible Class A Preferred Shares at $5.00 per share on a “best efforts” basis through registered broker-dealers and/or officers & directors of the company. “Best efforts” means that any broker-dealer who sponsors this product is not obligated to purchase any specific number or dollar amount of shares.

We are offering up to 5,000,000 shares of our 5.00% cumulative convertible preferred shares at $5.00 per share. Dividends are paid annually and maybe paid in cash or non-voting class B common stock at the discretion of the Company. Each preferred share is convertible into 5 shares of non-voting class B common stock.

The life of the fund will be separated into three phases:

The acquisition phase will start immediately and throughout the capital raising process we will seek investment opportunities that meet our strict acquisition criteria. Most targeted assets will be distressed, mismanaged or motivated liquidations where we can capitalize on immediate appreciation as well as significant cash flow. The time frame for this initial phase will depend on the pace at which the capital raising occurs.

The growth phase will follow during which time, after deducting management fees and maintaining capital reserves, all free positive cash flow will be reinvested into the acquisition of additional income properties. These properties will consequently go through the renovation and rental process and significantly increase the value of the assets under management and the resulting cash flow. This phase is anticipated to continue for 5 – 7 years or until such time that our acquisition criteria can no longer be met.

The final phase is the income phase where further acquisitions no longer occur and all free cash flow is distributed to preferred stockholders. The income phase will conclude with the strategic liquidation of the portfolio and all net proceeds will be returned to the investors. The total life of the fund is expected to be 12 -15 years depending on market conditions.  

We will have the capability to accept both qualified and non-qualified investments.

All investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. The offering disclosure document contains this and other information about the fund. All investors are urged to read the offering disclosure document carefully before investing. This page is not an offer to sell or a solicitation of an offer to buy the fund’s securities. An investment in the fund is appropriate only for investors that are “accredited investors” as defined by the Securities Act of 1933 and who can tolerate a high degree of risk and who do not require a liquid investment.

Click here to view Memorandum

we accept investments
in qualified plans

IRA/Roth IRA/401k

Click Here to Learn More