TORONTO, April 21, 2014 /CNW/ - Timbercreek U.S. Multi-Residential Opportunity Fund #1 (the "Fund") is pleased to announce it will host a national conference call on Wednesday, April 23, 2014 at 2:00 p.m. EST, to provide an update on the Fund's current operations. An investor presentation to accompany management's comments during the conference call will be available an hour before the call. Please visit www.timbercreek.com, Investments => Timbercreek U.S. Multi-Residential Opportunity Fund #1 => Webcasts & Presentations.
Toll-Free Dial-In Number: (855) 223-7310
International Dial-In #: (647) 788-4930
A replay of this call will be available on www.timbercreek.com, under the above mentioned breadcrumbs.
About the Fund
The Fund provides investors with the opportunity to achieve attractive total returns from an asset class that has historically generated strong and stable long-term cash flows. The targeted 15% IRR is inclusive of a 4-5% pre-tax yield paid quarterly. The Fund focuses on an active, value-add investment strategy to acquire and improve multi residential real estate assets with a minimum of 200 residential suites located in urban growth markets in the southeast United States (Florida, Texas, Georgia, North Carolina, South Carolina, Virginia, Tennessee, and Alabama). The Fund's properties are managed by Elco Landmark Residential Management, LLC, an experienced property manager with a successful, long-term track record in the Fund's targeted geographic regions.
For more information about Timbercreek U.S. Multi-Residential Opportunity Fund #1, please visit www.timbercreek.com.
SOURCE: Timbercreek U.S. Multi-Residential Opportunity Fund #1
For further information:
Timbercreek Asset Management Inc.