Viking Capital is excited to announce our 29th investment offering, Peoria Gateway, Class A+ multifamily, in Phoenix. As our readers know, this is the year to a $1Billion under Management and no capital calls ever, and Viking Capital is one step closer to reaching our goal.
This marks our first new development project in partnership with Overland Group, a team with extensive experience in the field. Viking Capital felt confident making this leap into new development thanks to our in-house asset manager, who brings over 25 years of expertise in the industry, and in new development.
This marks our fourth deal under contract for 2024, and we’re scraping the nation for another investment opportunity for our investors this year.
Viking Capital is pleased to announce our new Fund to Fund program. This will support our capital raising efforts, while putting money in your pocket for utilizing your extensive networks.
Investing through a Fund of Funds (FOF) model offers several benefits:
Simplified Investment Process: The program offers a turnkey solution that handles everything from creating investment decks, to managing legal documentation, bank accounts, and tax filings, making it easier and faster for investors to raise capital without the hassle of forming their own fund or navigating complex co-GP structures.
Compliance and Scalability: Viking Capital’s program is fully SEC-compliant, ensuring you avoid broker-dealer law issues. Its scalable structure allows multiple fund-of-fund partners to participate in a single offering, enabling the acquisition of larger, high-quality properties.
Cost Efficiency: The program is cost-effective, supported by a dedicated back-office team that manages all administrative tasks. By scaling across multiple partners, Viking Capital can offer these services at a lower cost, maximizing your investment potential.
We’re thrilled to announce that our Director of Investor Relations will be visiting several locations this quarter, up next are: Los Angeles, September 11th & 12th, and Dallas, September 26th-28th.
If you’re interested in meeting in person, please text us to reserve your spot!
The market is gaining momentum, as Freddie Mac’s Apartment Investment Market Index surged by 8.7% in the first quarter, signaling strong confidence in the multifamily sector.
What this is beneficial for our investors:
Increased Property Values: Rising confidence in the multifamily sector can lead to higher property valuations, enhancing the long-term appreciation of investments.
Greater Rental Demand: As the sector gains momentum, demand for multifamily housing increases, leading to higher rental income.
Stronger Cash Flows: The combination of higher returns and increased rental demand creates reliable cash flows for investors.
2024 Investor Sentiment Snapshot
This chart showcases how investors are planning to adjust their real estatestrategies this year, with a noticeable rise in interest in Multifamily Real Estate.
Steady Investment: “I intend to maintain the same level of real estate investment as in previous years.” Reduced Allocation: “I’m planning to scale back my real estate investments compared to recent years.” Increased Commitment: “I plan to invest more in real estate than I have since mid-2022.”
Our Takeaway: Now is the perfect time to buy while deals are favorable, as the volatility in the market presents a unique opportunity to secure high-value investments at a lower cost. This strategic move not only positions investors for substantial growth as conditions stabilize but also enhances their portfolio’s resilience and long-term returns.
Season one of our podcast is wrapping up, and we’re looking to revamp for next season!We’d love your feedback—please take a moment to fill out our quick survey and let us know what you enjoyed and what you’d like to hear more of next season.
In the meantime, be on the lookout for more information on our NEW podcast, coming this fall.
Elevate Greene’s Clubhouse and model unit, 18 additional units, as well as all exterior renovations have been completed and leased at an average of $150 rent premium over the typical rents.
Quarterly reports with video updates are going out this week. Please be on the lookout for them.
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This article is intended for informational and educational purposes only and is not intended to provide, and should not be relied on, for investment, tax, legal, or accounting advice. The information is provided as of the date indicated and is subject to change without notice. Viking Capital does not have any obligation to update the information contained herein. Certain information presented or relied upon in this article may come from third-party sources. We do not guarantee the accuracy or completeness of the information and may receive incorrect information from third-party providers. All tax strategies discussed herein involve complex rules and regulations. Investors should consult with qualified tax, legal, and financial advisors before implementing any strategy.
For decades, institutional multifamily real investments have been one of the most consistent drivers of long-term, inflation-protected income, yet largely out of reach for individual investors.
2024 Investor Sentiment Snapshot
