Terra Firma Real Estate Fund, LLC
▼ scroll down to learn more ▼
Terra Firma Real Estate Fund, LLC
506(c) Offering Platform
INTRODUCTION TO OUR COMPANY
Terra Firma Real Estate Fund I, LLC (“TFREF”, or the “Company”, or the “Fund”) was formed for the purpose of acquiring and managing real estate assets. The Company will seek to acquire and manage high quality real estate assets with the intention of providing participating investors with a real estate focused investment opportunity that combines income, principal investment growth, and elements of capital preservation. The Fund is managed by Lupos Management LLC (“Lupos” or the “Fund Manager”), a Texas company formed in 2021 that specializes in real estate asset acquisition and management.
The Fund’s primary focus is creating and maintaining investor wealth through local alternative real estate investment strategies. The management team’s collective abilities provide an advantage over investing individually by allowing the Fund to quickly and efficiently address any real estate acquisition and management issues. The Fund’s ability to invest with aggregated capital also provides greatly enhanced negotiation leverage as the Fund can close acquisitions quickly and without the typical financing delays encountered with other purchasers that require institutional financing to close on a property. Since the Fund’s primary managers are directly involved in the placement of investment funds into select real estate assets, the Fund can manage its investments more actively than large institutional investors. By investing in a Fund with experienced and specialized management, investors are freed from the complexities and time required for individual property ownership.
Over the years, the individual Fund management team has seen extreme market fluctuations; because of this, the Fund Manager is always researching market trends to develop strategies allowing it to mitigate this volatility and reduce negative effects on investors. This experience has also better positioned the Fund to take advantage of market opportunities presented in times of uncertainty. This proactive approach sets Terra Firma Real Estate Fund I, LLC apart from the competition.
The Fund’s management team has identified compelling market opportunities in; Austin, Dallas, and Houston, Texas; Atlanta, Georgia; Raleigh-Durham, North Carolina; and Las Vegas, Nevada. This Private Placement Memorandum will outline the Fund’s strategies for executing on these opportunities and the pertinent details regarding investment in the Fund’s securities.
Terra Firma Real Estate Fund, LLC
506(c) Offering Platform
summary of operations
Fund Management Methodology
There will be three Tiers of investments within the fund. Tier I will be focused on larger multifamily investments where the fund will have partial or full ownership. Tier II will be small multifamily investments that are 5-50 units where the fund will be full owner. Tier III will be single family home ownership where the fund will be full ownership.
The goal of the three tiers is to be in a position to exit assets in an effective way while maintaining cash flow control. The idea is the smaller assets have a quicker exit than the larger assets since the purchasing population for the smaller assets is greater than the larger Tier I assets.
The Fund will pursue investments by utilizing the extensive expertise of the Fund Manager in acquiring and managing compelling real estate assets that meet the Fund’s asset acquisition criteria. The Fund may also target certain off-market, bank owned non- performing distressed real estate assets to achieve attractive risk-adjusted returns. The Fund will target investment opportunities in the primary target markets expanding due to ever changing shifts in housing due to national population shifts (the “Target Markets”).
Geographic Focus
In the opinion of the Fund Manager, the markets expanding due to ever changing shifts in housing due to national population shifts provide a compelling opportunity for the purchase, management, and disposition of under valued and distressed real estate assets. The Fund Manager’s team of professionals with construction and distressed real estate mitigation background provides it the capability to accurately evaluate certain acquisition opportunities with the intent to rehabilitate the asset, engage in a reposition and lease-up, and then ultimately sell the improved asset for a net gain. The Target markets include:
- Austin, Texas
- Dallas, Texas
- Houston, Texas
- Atlanta, Georgia
- Raleigh-Durham, North Carolina
- Las Vegas, Nevada
The collective experience of the Fund Management team lends itself to evaluating these opportunities and executing on a short and long term investment plan that involves no external financial leverage and assets purchased in trending urban markets with strong core fundamentals.
Short Term Investments (under 36 months): The Fund Manager anticipates that thirty percent (30%) of capital from the Offering will be allocated towards opportunities that involve acquisition, reposition and/or rehabilitation, and asset disposition in under 36 months. Many of these opportunities will be sourced from distressed sellers or “special circumstance” type acquisitions (package Bank REO, seller joint venture, etc.) wherein a significant amount of equity and value is present from the time of acquisition and additional equity and profit is realized through the reposition, re-branding, and rehabilitation process.
Long Term Investments (3 to 5 years): TThe Fund Manager intends to allocate approximately seventy percent (70%) of invested capital towards acquisitions that will require a longer duration of time to mature prior to disposition. The Fund Manager expects that these assets will still be sourced at attractive acquisition rates, however the properties may not require as much rehabilitation or may be located in areas that demand a higher acquisition premium and thus the Fund Manager expects less initial equity immediately post-acquisition. Assets in this category will typically be held in the Fund’s portfolio for three to five years prior to disposition.
Terra Firma Real Estate Fund, LLC
506(c) Offering Platform
Company Management Team
The Company is currently managed by seasoned business and sector professionals dedicated to the success of the Company and efficient execution of its planned operations.
Robert Wolf
Robert Wolf has been assisting individuals and small business since 2001 when he first entered the financial services industry with Edward Jones. Since then he has been running his own insurance agency TF Insurance & Financial Solutions which was established in 2008.
Since then he has been offering holistic consulting services through his consulting firm Terra Firma Business & Financial Consultants, LLC established in 2013. In 2016 Robert established his own Register Investment Advisory (RIA) firm called TF Wealth Management, LLC.
Since then he has helped numerous clients grow their businesses and other assets. In the process has increased his own business holdings with having 12 businesses to date.
Today, Robert is what he has designated as an Asset Coach and Tax Strategist. As an Asset Coach and Tax Strategist he is able to help his clients understand how each of their assets can work with each other rather than against each other. By doing this their assets work more efficiently therefore can grow quicker based on IRS guidelines.
Many of these assets are tax favored in one or more of the three stages of an asset which allows for these same assets to grow quicker due to what he calls compound tax saving.
As a published author, he explains that we need to prepare ourselves from what he calls Economic Termites which is the title of his book. Taxes, Inflation, Time, Laws & Regulations, and Debt (debt is not discussed in the book). He believes developing the right cash flow is what can help us prepare ourselves against these Economic Termites.
He brings a wealth of experience in holistic and comprehensive planning for individuals and small businesses as well as a strong sense of customer care, confidence, and integrity to every relationship.
By focusing on helping his clients to develop strategies to preserve, protect, and grow what they have worked so hard to achieve. He understands that each client is unique therefore deserves a strategy to match their uniqueness and individuality.
In order to accomplish this the need to be focused on limiting and managing risk which surrounds us everywhere. He believes by understanding the rules to your assets allows you to understand the risks associated with planning for the future; the road ahead becomes less scary.
Robert is a dedicated husband of over 20 years and father of three teenagers.
Bhanu Sud
Bhanu is a Board-Certified practicing Infectious Disease and Internal Medicine physician in Southern California. He has had a passion to understand and care for patients since 2007. Bhanu has been a business owner himself since entering private practice. He understands the mindset of running a business as well as the need for diversification.
Over the years Bhanu and his family have invested in real estate as well as other small businesses to help diversify his future cash flows but also to feed a desire to build something other than a medical practice. He and his wife have been married for 19 years and together they have two children.
Terra Firma Real Estate Fund, LLC
506(c) Offering Platform
terms of the offering
$20,000,000
Minimum Offering: $2,000,000
Minimum Investment: $10,000 (10 Units)
The Company is offering a minimum of 2,000 and a maximum of 20,000 Class A Membership Units at a price of $1,000 per Unit. Upon completion of the Offering between 2,000 and 20,000 Class A Membership Units will be issued.
Distributions of Net Operating Cash Flow
Distributions of Net Operating Cash Flow, if any, shall be distributed monthly, within forty-five (45) days after the end of each calendar month. All distributions of Net Operating Cash Flow shall be distributed as follows: (i) first, to the Class A Members, as a group, pro rata until each Class A Member has received such Member’s respective Class A Preferred Return; (ii) then, seventy five percent (75%) to the Class A Interests issued and outstanding, pro rata, and the balance to the Class B Members, pro rata.
Distributions of Net Capital Event Proceeds
Distributions of all or any portion of Net Capital Event Proceeds shall be made within forty-five (45) days after the end of a Fiscal Year. All distributions of Net Capital Event Proceeds shall be distributed as follows: (i) first, to the Class A Members, pro rata based upon each such Member’s respective unpaid Class A Preferred Return, until such Class A Members have been paid their respective Class A Preferred Return; (ii) then to the Members to the extent and in proportion with their Invested Capital Contributions until the aggregate amount distributed to such Members in accordance with this Section 10.2 is sufficient to provide for a return of such Members’ Capital Contributions by the Company; and (iii) then, to the Class A Members and Class B Members in such proportion as results in total aggregate profits, including profits from operations, are distributed seventy five percent (75%) to the Class A Members and twenty five percent (25%) to the Class B Member(s).
CONTACT US
Please complete the contact form and we will get back to you about any questions you have about our offering.
Lupos Management, LLC - 5900 S. Lake Forest Dr., Suite 220 - McKinney, TX 75070 — admin@luposmanagementllc.com — (714) 450-5265
Terra Firma Real Estate Fund, LLC
506(c) Offering Platform
so much more than what you see
The Terra Firma Real Estate Fund, LLC 506(c) Investor Portal provides the opportunity to learn about our investment opportunity. Once registered, you will have:
- Access to the Private Placement Memorandum, which outlines our company and gives greater detail about our offering;
- Access to our SEC filing;
- View real time offering metrics of how far along we are in the offering process;
- View a timeline of your progress in the subscription process;
- View company contact information; directly contact the administrator;
- Easily upgrade your account with the click of a button.
Once your account is upgraded you will have additional access including:
- Complete the subscription documents;
- Upload subscription and accreditation documents as applicable;
- Specific information for investing and instructions on transfer of investment funds;
- Company documents including Reports, Financials, and Supporting Documents;
- Asset Portfolio as applicable;
- News articles written by the company;
- Documents associated with your account.