AMROC ACCESS FUND

  • Summary

    Summary

  • Strategy

    Strategy

  • Team

    Team

  • Record

    Track Record

  • Terms

    Terms

  • Documents

    Documents

  • Invest Now

AMROC Access Fund LLC

Investment Overview

  • Summary

    Summary

    Fund Overview

  • Strategy

    Strategy

    Investing in Multi-Family Property

  • Our Team

    Team

    Real estate professionals with 100 years of experience

  • Track Record

    Track Record

    Historical IRR over 20%

  • Terms

    Terms

    Summary of Investment Terms

  • Documents

    Documents

    Executive Summary, Presentation, PPM ...

Investment Summary

Fund Type

fund

Multi-Family Property

Targeted Return

18%+

Distributions

Quarterly

Min. Fund Investment

$25,000

Hard Close Date

Feb 25th, 2022 or 99 Investors

Limited spots available to invest

AmRoc Access Fund LLC

AmRoc Access Fund LLC (the “Access Fund”) is raising capital to invest in AmRoc Premier Opportunity Fund, LP (“AmRoc Fund”) which is described below. The Access Fund is raising capital through a “feeder fund” structure called an access fund by aggregating up to 100 investors at a minimum investment of $25,000 each and will invest the capital into AmRoc Fund. Since the Access Fund will aggregate several million dollars, the Access Fund will receive a 13% preferred return and then a fixed 80% of profits thereafter, as agreed in a side letter agreement between the Access Fund and AmRoc Fund. In comparison, direct investors who are not initial investors into AmRoc Fund who invest a minimum of $250,000 will only receive an 10% preferred return after which the percentage of profits for non-Access Fund investors steps down to 70%, then 60%, and finally to just 50%.

AmRoc Investment Overview

AmRoc Premier Opportunity Fund, LP (“AmRoc” or “AmRoc Fund”) is seeking to raise $250 million to acquire value-add and opportunistic class A/B multifamily properties throughout the Southeast, as well as, ground up multifamily development projects in markets deemed exceptional for growth and returns. AmRoc is targeting asset level returns of 18%. AmRoc is managed by AmRoc Premier Capital, LLC, which has achieved a 28.7% average IRR and 2.6x realized equity multiple since 2012 on $800 million of equity invested in multifamily properties that have been realized across its portfolio. Direct investors in AmRoc Fund must invest a minimum of $250,000.


  • Performance

    28.7% Average IRR on Realized Investments
    2.6x Average Cash Multiple on Realized Investments

  • Experience

    Over 100 Years of Investing Experience
    Over 450 Team Members
    Vertically Integrated Operator

  • Investments

    Over $3 Billion in Real Estate Projects since 1995
    Over 125,000 Multifamily Units Purchased
    Over 75,000 Units Constructed, Renovated and Repositioned

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Key Considerations

  • Proven Track Record – AmRoc is managed by AmRoc Premier Capital, which has achieved a 28.7% average IRR and a 2.6x Equity Multiple on realized multifamily investments.
  • Strong Targeted Return – AmRoc is targeting an annualized property level return of 18%.
  • Higher Negotiated Returns - The Access Fund has negotiated to receive a 13% preferred return from AmRoc, as compared to an 10% preferred return for direct non-initial investors into AmRoc.
  • Attractive Investment Niche – AmRoc Premier Capital has proven that its Class B and C multifamily value-add acquisition strategy generates above average investment returns with low market risk and strong cash flow.
  • Experience – AmRoc has a highly experienced investment management team with over 100 years of combined experience with over $3 billion of real estate projects since 1995. AmRoc Premier Capital is a vertically integrated real estate property management, acquisition management, construction, real estate broker, lender and developer.
  • Skin-in-the-Game – AmRoc Premier Capital will invest 1% of the equity in the fund up to $2.5 million.

AmRoc Service Partners


  • Auditor


  • Legal Counsel


  • Fund Administrator

Access Fund Service Provider


  • Tax and Accounting Services

Why Invest Through a Fund

  • FAVORABLE FINANCING

    AmRoc will take advantage of a historically low interest rates and favorable financing terms at a time when basic SFR investment fundamentals are showing continued strength.

  • INSTITUTIONAL OVERSIGHT

    As an institutional investment manager, AmRoc will review every aspect and decision related to the acquisition, finance and ongoing operations of the properties.

  • PRUDENT DIVERSIFICATION

    At completion, AmRoc will own Multi-Family properties.

  • PROVEN TRACK RECORD

    CityVest searches for institutional investment managers who have a strong historical track record with IRR returns well over 20%.

Why Real Estate?

  • Diversification

    Real estate investments are considered a non-correlated alternative asset class.

  • Cash Flow & Appreciation

    Stabilized real estate generally benefits from regular and predictable cash flow.

  • Low Interest Rate

    Historically low interest rates may allow real estate to generate higher cash flows.

  • Income Tax Treatment

    Ordinary income can be minimized through the use of an accelerated depreciation strategy that may generate passive losses.

  • Hedge Against Inflation

    Rents, land values and replacement costs typically move upward with inflation.

  • Multiple Exit Strategies

    Real estate assets can be disposed of through individual or portfolio liquidations, asset refinancing, mergers, or a “roll up” through a portfolio capitalization.

AMROC OVERVIEW & STRATEGY

AmRoc Premier Capital, LLC is a seasoned group of highly complementary Principals (“AmRoc”) leading a vertically integrated real estate investment platform consisting of operating subsidiaries, investment partnerships, funds and ventures. AmRoc’s platform has a nationwide footprint, a hunger for excellence and has become a “best in class” multifamily real estate sponsor, investor, owner, partner, broker, lender, contractor, capital provider and developer. AmRoc sets the bar with transactional quality, real estate strategies, investment returns, client services and industry impact. With corporate and city offices serving FL, GA, NC, SC, TN, TX, & AL, AmRoc employs a team of over 450 dedicated professionals including a highly experienced executive management team with decades of experience.

AmRoc Principals have been committed to the multifamily industry since 1995 - the Principals are armed with over 100 years of collective investment experience across various sectors including hard assets and securities. They have proven themselves as an operator of choice, a trusted investment advisor and has established AmRoc as one of the most active real estate groups in the Southeast. Prior to the formation of AmRoc and the launching of its first real estate fund, the group traditionally syndicated private real estate partnerships creating a long-standing track-record of success providing superior risk-adjusted returns. Currently, AmRoc owns and operates 20,000+ units of multifamily apartment housing within several institutional programmatic joint ventures, private syndications and separately managed accounts.

OPPORTUNISTIC REPOSITIONING OF MULTIFAMILY

  • The group of Principals within AmRoc have become well-known in the industry for extraordinary performance, return-focused investment strategy and client satisfaction in the execution of opportunistic acquisitions of distressed, undervalued & high-yield B/C Class and low-risk “A” Class Multifamily assets.

GROUND-UP LUXURY & CLASS “A” MULTIFAMILY

  • AmRoc’s Principals have sponsored and co-sponsored some of the most exciting real estate development projects, including large Class “A” apartment complexes and luxury, waterfront condominium towers. AmRoc’s affiliated company, Tierra Linda Development (TLD), is trusted by several institutional real estate investment firms as a partner developer having received recent financial commitments in excess of $1 billion.

Class B/A Value Add Strategy

Under our Class B/A strategy, we acquire higher quality B and A properties within strategic growth markets throughout the Southeastern United States.

  • We target well-located properties with in-place income streams, increase net operating income, reduce expenses and produce appreciation in each property over the investment’s hold period.
  • We target acquisitions with a going-in cost at below today’s replacement cost that offer significant upside.
  • We target markets with a diverse employment base, strong forecasted market fundamentals and liquidity.
  • We seek to capitalize on investment opportunities presented through the combination of improving fundamentals of multifamily housing along with properties whose values have been impaired by mismanagement, inadequate capitalization, or other special situations.
  • AmRoc Opportunity Fund aims to provide investors attractive risk adjusted returns by targeting core-plus and value-add multifamily real estate assets (B and A properties) where the firm can create value through repositioning strategies and improved operational management.

Class C/B Value Add Strategy

For 20 years, our team has executed our Class C/B strategy, where we acquire higher quality C and B properties within strategic growth markets throughout the Southeastern United States.

We acquire properties at an attractive purchase price:

  • Typically at a 10-20% discount
  • Typically less than replacement cost
  • Limited competition for acquisitions (requires property management and capital deployment resources)

We stabilize and improve the properties:

  • True operational core competency (not a “financial play”)
  • Experienced on-site construction management
  • Capital investment and re-branding marketing

We significantly increase cash flow through corrective management, aggressive leasing, and expense control:

  • Increase occupancy to above 95% (national average is approximately 94%)
  • Increase rent to higher end of sub-market comparable rents at a premium to competitive properties

We distribute proceeds or reinvest into additional acquisitions through the refinancing of stabilized properties:

  • Stabilize within 12-24 months
  • Cash flows can be underwritten by lenders typically within 18-26 months

We realize a significant gain upon sale:

  • Gains are both from increasing cash flows, reducing expenses and attracting a larger buyer base due to less risk
  • Target ROI in excess of 30%
  • Large number of buyers for cash flowing, stabilized, financeable assets (mid-sized private equity, high net worth, allocations of multifamily

We operate a full-service, vertically integrated multifamily platform:

  • Control of acquiring, operating, renovating, leasing and disposition critical to cash flow and total return value creation

VERTICALLY INTEGRATED REAL ESTATE COMPANY

To date, AmRoc Principals have sponsored or co-sponsored a series of four blind pool, discretionary real estate funds, a separate series of institutional programmatic joint ventures, numerous separately managed accounts and co-sponsored client projects involving over 120,000 units and +$3 billion in real estate over a nearly thirty-year period.



  • Successful track record managing over 20,000+ units

    • Responsible for over one billion dollars in real estate - Best-In-Class operational improvement - Management excellence focused - Technology platform based oversight, management and staff qualification - Robust daily and monthly operating review process.


  • Successful track record managing over 20,000+ units

    • Responsible for over one billion dollars in real estate - Proprietary Digital Lead Generation, Collection and White Glove Maintenance Services. Provides Best-In-Class property operation improvements with expert staff members.


  • Client focused acquisitions & dispositions

    • Cultivates and maintains over $500 Million asset pipeline – Develops relationships with owners and operators allowing access to off market deal flow.


  • Ground Up Luxury & Class A Development

    • Developing profitable, waterfront, oceanfront and transformative multifamily, residential and commercial projects - Institutional relationship based investments - Excellence in design, land usage, strategic planning, project execution and maximizing investment return.


  • Construction, Rehab and Turn Services

    • Seasoned experts in delivering quality construction and unit rehab/turnkey service with low costs and timing precision - Complete apartment turnkey service - Relentless commitment to quality, honesty and transparency.


  • Strategic, relationship based debt & equity capabilities

    • Full-service capital stack analysis, evaluation and advisory - Robust pipeline of capital sources and unique solutions - Full Spectrum of Services.

THE FOUR AMROC STRATEGIES


Investment Timeline


FINANCE, ACCOUNTING AND FINANCIAL REPORTING

  • Third Party Fund Administration and Accounting
  • Quarterly and Annual Fund Financial and Investor Reports
  • Monthly Property Management Report
  • Review Annual Capital and Operating Budgets
  • Annual K-1’s
  • Cash, Expense and Capital Controls
  • Limited Access to Cash and Checks
  • Dual approvals for Expense, Vendor and Capital Expenditures
  • Rent Manager and Yardi for Property Level Accounting

Growing Demand in the Southeast


Low Cost and Strong Regional Economies have Presented Opportunities


AMROC Due Diligence Report

Prepared By: Buttonwood Investment Services LLC - January 7, 2022

Building Wealth In Real Estate - CityVest

CityVest requires that all Investment Fund Managers/General Partners meet certain minimum criteria when being considered for inclusion on the CityVest platform. Buttonwood Investment Services LLC has been engaged by CityVest to conduct a third party due diligence verification on the following aspects of the investment fund manager:

  • Current property portfolio
  • Principal experience
  • Manager/GP Co-investment
  • Property sales/dispositions
  • Principal succession
  • Background check/review

Buttonwood has verified the due diligence information and below is a review of the findings.

Building Wealth In Real Estate - CityVest

AmRoc Premier
645 Mayport Road
Atlantic Beach, FL 32233

www.amrocpremier.com

Real Estate Acquisition Experience

Buttonwood has verified that the Fund Principals have a minimum level of $50 million of combined lifetime acquisition cost as a General Partner or Managing Member of an entity that owns real estate. Applicable experience includes those situations where the Principals had equity invested and at risk in the project(s) and day-to-day involvement in the management and ownership of the project(s).

Criteria Has Been Met

Current Portfolio Value:

$149,500,000

Value of Property Dispositions:

$16,800,000

Failed Project Investor Equity Lost:

$0

Real Estate Principal Experience

Buttonwood has verified that the Fund Principals have a minimum level of combined lifetime experience in the real estate field. The Combined Minimum Principal Experience is 15 Years and a Principal is defined as someone who was a General Partner or Managing Member of an ownership entity with real cash equity invested, and at risk, in the project and with day-to-day involvement in ownership.

48+ Years Combined

True Principal Experience

48+ Years

Investment Fund Governance

Buttonwood has verified that the Investment Fund Governance follows the highest level of fidiciary standards by utilizing an independant audiotr as well as a third-party fund administrator.

Criteria Has Been Met

Fund Auditor: Deloitte
Fund Level Audit Services of the Fund and Fund Investments

Validated

Fund Administrator: Sanne
Fund Admin, Investor Services, Compliance, Sanne Dashboard

Validated

Key-Man Succession Insurance

Buttonwood has verified that the Fund maintains a “key man” insurance policy on at least one or more key members of Manager/General Partner management. This requirement is in place to ensure that the Managing entity has the financial resources to maintain operations in the event that a key Principal is incapacitated.

Policies must have the following provisions:
• The policy names the Manager/General Partner or the underlying project entity as the entity to be paid upon exercise of the policy.
• The policy has a minimum coverage amount of $1 Million.

Criteria is Pending

Policy Payable Party

Pending
Policy is in process

Policy Coverage

Pending
Policy is in process

Manager/General Partner Co-Investment

Buttonwood has verified that the Fund Partners invests in the funds they are offering alongside their investors.

Investment requirements include:
• An investment of at least 2.50% of the total targeted raise amount; or
• A minimum investment of $500,000.

Criteria Has Been Met

Manager Co-investment

Validated

Manager Co-investment Amount

$4,000,000

Public Information Search

Buttonwood has reviewed publicly available information sources to confirm management identity and claims. Further, this review is conducted to help identify any objectionable material that may demonstrate character issues or that may impact the Manager’s ability to successfully manage real estate assets.

Criteria Has Been Met

Adverse Reporting/Articles/Findings

Web search for relevant news articles and reporting on any sponsor or manager activities that may impact or inform their ability to manage real estate.

None Reported

Adverse Social Media Profiles

Search of common social media platforms for profiles that contain offensive content or material relevant to ones moral turpitude.

None Reported

LinkedIn Search

Search of LinkedIn to confirm professional experience conforms with reported experience.

Validated

FINRA Broker-Check

Buttonwood has reviewed FINRA databases to confirm that all Principals are screened to identify any past disciplinary actions related to employment at brokerage firms.

No Actions

SEC Filings

Buttonwood has reviewed all filings made by the manager to the SEC. The Securities and Exchange Commission (SEC) requires certain financial statements and other formal documents to be submitted to them regularly. Public companies, certain company insiders–which the SEC defines as officers, directors, major stockholders, and employees of a public company–and broker-dealers are required by the SEC to make regular filings. Financial professionals and investors rely on the information that the SEC makes public in order to make prudent decisions when they are evaluating a company for investment purposes.

None Reported

Management Background Review

Buttonwood conducted a background search on the primary principals of the Manager/General Partner as well as on the primary entities. This background check is designed to reveal liens, claims, judgements, bankruptcies, criminal convictions, lawsuits, etc.

No Issues Found

Lawsuits

See Note 1

Other Legal Matters Current or Pending

None Reported

Criminal Filings and Convictions

None Reported

Judgements and claims

None Reported

Bankruptcies

None Reported

Liens (greater than $10,000)

None Reported

UCC Defaults

None Reported

Buttonwood Diligence Disclaimer

Note 1: KeyCity is currently involved in a lawsuit pertaining to alleged violations of do-not-call list solicitation laws as well as violations of State of Texas regulations pertaining to the registrations required for businesses that solicit via phone. The Plaintiff in this matter has alleged that: i)KeyCity contacted her directly without her express written consent, ii) KeyCity’s phone solicitations were in violation of do-not-call list laws, and iii) KeyCity was not in possession of the appropriate State of Texas registration certificates when the alleged solicitationswere being made.On the surface this matter would appear to be somewhat innocuousand unrelated to KeyCity’s core real estate business. However, the Plaintiff asserts that KeyCity committed similar violations with hundreds, possibly thousands of individuals, with each violation carrying a minimum fine of $500-$5,000 depending on the nature of the infraction. The Plaintiff haspushed for class action status for this case. This matter is set for trial in early 2023. However, there is a notable possibility that this matter will be resolved viasettlement or mediation prior to trial.

This above Due Diligence Report including all information disclosed (“Report”) by Buttonwood Investment Services LLC is intended to be used for informational and discussion purposes only. Furthermore, this Report is not intended to cover all facets of the due diligence process that a potential investor may require and this Report is not designed to replace those due diligence efforts. This Report is simply designed to provide basic summary information pertaining to a Manager or General Partner and it should be noted that Buttonwood Investment Services is not involved in any decisions made by CityVest Capital Inc or the individual investor and makes no recommendations regarding specific investment opportunities. This report has been prepared for and is to be used exclusively by CityVest Capital Inc., unless as otherwise specifically indicated in the report.

AmRoc Fund Management Team

AmRoc has assembled a team of motivated real estate professionals with a combined 100+ years.

  • Randy Ferreira

    Randy Ferreira

    Managing Partner

  • Jeff Klotz

    Jeff Klotz

    Managing Partner

  • Charles Faramo

    Charles Faramo

    Managing Partner

  • Don Caster

    Don Caster

    Chief Operating Officer

Managing Partner

Randy Ferreira is a managing partner at AmRoc Premier Capital, LLC and is primarily responsible for providing oversight for firmwide strategic initiatives. In addition, Randy will also oversee the property management and renovation services for AmRoc Premier Opportunity Fund. Before becoming a managing partner at AmRoc, Randy was a founding member and operator at Blue Roc Premier Properties and Blue Roc Partners, where his track record included managing over 50,000 units across various states as well as over one- million square feet of commercial space. While managing the 50,000 units, Randy directed over $200 million worth of apartment value-add projects and supervised the construction and renovation of over 16,000 units. This was all accomplished while managing a successful team of over 400 professionals. Randy is a graduate from the University of Maryland where he holds a bachelor’s degree in Institutional Arts Technology and a master’s degree in Business Administration.

Managing Partner

Jeff Klotz is a managing partner at AmRoc Premier Capital, LLC and is responsible for providing oversight for firmwide strategic initiatives, investor relations, fund administration, and asset management. In addition to being a managing partner at AmRoc Premier, Jeff is currently the founding principal of the Klotz Group of Companies – A Vertically Integrated Private Equity Platform. The Klotz Group, its principals and affiliates have acquired and operated over 125,000 units across various sectors. In addition to acquisitions, the group has been responsible for the completion of 43 development projects across various states and renovation of over 75,000 units. Jeff accomplished this by employing over 1100 professionals and raising over $750 million worth of equity contributions. Jeff attended the University of Florida and holds various real-estate related licenses, including being a registered broker in multiple states throughout the Southeast United States.

Managing Partner

Charles Faramo is a managing partner at AmRoc Premier Capital, LLC. Charles is primarily responsible for the portfolio management functions of AmRoc Premier Opportunity Fund. This includes managing the underwriting process, conducting due diligence, and managing client relationships with equity partners. Prior to joining the AmRoc team, Charles served as a Senior Vice President at Blue Roc Premier for over twelve years. He was a main component in helping grow assets under management to an excess of two-billion dollars. In addition to helping grow AUM, Charles oversaw multiple operational departments including accounting, marketing, and business development. Before joining Blue Roc Premier, Charles started his career at JP Morgan Chase where he gained institutional experience in finance and private banking. Charles was named one of the JP Morgan Chase’s “top rising associates” while he was there. Charles is a graduate from Florida Gulf Coast University and holds a bachelor’s degree in Business Administration with a concentration in Management and Entrepreneurship.

Chief Operating Officer

Donald Caster is the Chief Operating Officer at AmRoc Premier Capital, LLC and is responsible for implementing strategic decisions from the managing partners and managing the team of professionals at AmRoc. Mr. Caster has 25 plus years of real estate executive management experience overseeing over $2 billion in assets or 20,000 multifamily units encompassing ground up development, stabilized operations, value-add re- positioning, market rate, subsidized housing, and student housing. Prior to joining AmRoc Premier, Mr. Caster was the President of Operations at Sagebrush Real Estate and Investment located in Denver, Colorado. As the President of Operations, Mr. Caster oversaw daily operations of the asset management, development, and operations of approximately $400 million in AUM, 5000 units, and over 125 associates. Prior to Sagebrush, Mr. Caster oversaw the Anchorage, Alaska portfolio as the Vice President of Operations for the Weidner Investment Group based in Kirkland, Washington.

  • Jace Simmons

    Jace Simmons

    Chief Financial Officer

  • Stephen F. McKinney, Esq

    Stephen F. McKinney, Esq

    Chief Legal Officer

  • Lisa Binder

    Lisa Binder

    Chief of Staff

  • Michelle Tappouni

    Michelle Tappouni

    President of Development

Chief Financial Officer

Jace Simmons is the Chief Financial Officer for AmRoc Premier Capital, LLC and is responsible for overseeing fund administration through Juniper Square, investor relations, and capital raising activities. Prior to joining AmRoc Premier, Jace brings over 40 years of successful executive leadership across various funds and companies. He has extensive knowledge and experience in mergers and acquisitions, SEC compliance, and capital raising. This also includes working with investment banks regarding transactions, taking real estate companies public, and providing financial strategies for over ten-thousand units. Jace is a graduate of the University of Texas and is a Certified Public Accountant.

Chief Legal Officer

Steve McKinney, as Chief Legal Officer, oversees AmRoc Premier’s legal affairs, provides strategic legal counsel to the AmRoc Premier team, and implements company policy designed to minimize costs and mitigate potential liabilities.

Prior to joining the team, Stephen was a partner with Haynsworth Sinkler Boyd, P.A. for 30 years where he served as outside general counsel for a Fortune 500 company and advised clients and tried cases with respect to business, commercial and real estate transactions throughout the U.S., Europe and the Middle East. In addition, he is the Managing Director of Dispute Management Services, LLC, providing arbitration, mediation and consulting services to parties seeking to retain control of the resolution of their disputes.

A former hospital chaplain, Stephen has a B.A. degree from Furman University, an M.Div. degree from Southeastern Seminary in Wake Forest, N.C., and a J.D. degree from the Emory University School of Law.

Chief of Staff

Lisa Binder is the Chief of Staff of the AmRoc Premier Capital team

President of Development

Michelle Tappouni is the Chief of Staff of the AmRoc Premier Capital team

  • Wade Taylor

    Wade Taylor

    President of Construction

  • Robin Stinson

    Robin Stinson

    President of Property Management

  • Tyler Garrett

    Tyler Garrett

    President of Acquisition & Disposition

  • Andrew Hagaman

    Andrew Hagaman

    Vice President

President of Construction

Wade Taylor is the President of Construction of the AmRoc Premier Capital team

President of Property Management

Robin Stinson is the President of Property Management of the AmRoc Premier Capital team

President of Acquisition & Disposition

Tyler Garrett is the President of Acquisition & Disposition of the AmRoc Premier Capital team

Vice President

Andrew Hagaman is the Vice President of the AmRoc Premier Capital team

AmRoc Track Record

To date, AmRoc principals have sponsored or co-sponsored a series of four blind pool, discretionary real estate funds, a separate series of institutional programmatic joint ventures, numerous separately managed accounts and co-sponsored client projects involving over 120,000 units and +$3 billion in real estate over a nearly thirty-year period. AmRoc principals are actively developing a portfolio of ten ground-up development projects along coastal areas of the Southeast with an estimated value of over $1 billion. Though involved in the full spectrum of commercial real estate investments and operations, AmRoc principals have maintained a strategic focus on two main business strategies in which it takes pride having won achievement awards and being recognized as “best in class”.

Track Record Summary


*No representation is made as to the completeness, currentness, or accuracy of the information this Material, or any discussion about this Material, contains. In particular, you should be aware that this information may be incomplete, may contain errors or may have become out of date. AmRoc reserves the right to add, modify or delete any information herein at any time and has no duty to update such information. Certain information contained in this Material include calculations or figures that have been prepared internally and have not been audited or verified by a third party. Use of different methods for preparing, calculating or presenting information may lead to different results and such differences may be material.

Properties that are part of Amroc Fund

OAKS AT NORMANDY APARTMENTS

Jacksonville, Florida

fund

description goes here

Investment Summary

Location

Jacksonville, FL

Purchase Price

$32,000,000

Capex Invested:

$2,800,000

Increase in Value:

$23,900,000

NOI Growth:

65%

Average Rent Growth:

$278 Per Unit

Year Built

2007

# of Units

336

Unrealized IRR:

53%


(*) Fund returns and yields are not guaranteed.

EDEN’S EDGE APARTMENTS

Jacksonville, Florida

fund

description goes here

Investment Summary

Location

Jacksonville, FL

Purchase Price

$20,000,000

Capex Invested:

$1,800,000

Increase in Value:

$14,500,000

NOI Growth:

39%

Average Rent Growth:

$119 Per Unit

Year Built

2008

# of Units

244

Unrealized IRR:

58%


(*) Fund returns and yields are not guaranteed.

THE PARK AT LEVANZO

Jacksonville, Florida

fund

description goes here

Investment Summary

Location

Jacksonville, FL

Purchase Price

$24,600,000

Capex Invested:

$5,300,000

Increase in Value:

$14,600,000

NOI Growth:

27%

Average Rent Growth:

$182 Per Unit

Year Built

1974

# of Units

360

Unrealized IRR:

44%


(*) Fund returns and yields are not guaranteed.

THE PARK AT CORTONA

Lakeland, Florida

fund

description goes here

Investment Summary

Location

Lakeland, FL

Purchase Price

$11,900,000

Capex Invested:

$3,000,000

Increase in Value:

$12,000,000

NOI Growth:

77%

Average Rent Growth:

$317 Per Unit

Year Built

1989

# of Units

200

Unrealized IRR:

30.5%


(*) Fund returns and yields are not guaranteed.

THE PARK AT RAVENNA

Tampa, Florida

fund

description goes here

Investment Summary

Location

Tampa, FL

Purchase Price

$14,300,000

Capex Invested:

$4,100,000

Increase in Value:

$14,400,000

NOI Growth:

167%

Average Rent Growth:

$216 Per Unit

Year Built

1971

# of Units

300

Unrealized IRR:

67.9%


(*) Fund returns and yields are not guaranteed.

THE PARK AT SIENA

Brandon, Florida

fund

description goes here

Investment Summary

Location

Brandon, FL

Purchase Price

$57,000,000

Capex Invested:

$9,600,000

Increase in Value:

$66,000,000

NOI Growth:

184%

Average Rent Growth:

$276 Per Unit

Year Built

1991

# of Units

982

Unrealized IRR:

47.0%


(*) Fund returns and yields are not guaranteed.

AmRoc Access Fund LLC

The following AmRoc Access Fund documents are available to view:

  • Investor Document Package AmRoc Access Fund

  • Entity Investor Document Package AmRoc Access Fund

  • AmRoc Wire Instructions

  • Accredited Investor
    Verification Letter

AmRoc Premier Opportunity Fund, LP Terms

The following AmRoc Fund Documents are available to view:

  • Fund Presentation Deck

    The Presentation provides an overview of AmRoc Fund and investing in multifamily communities.

  • PPM

    The Private Placement Memorandum (PPM) for prospective investors for the AmRoc Fund.

  • Subscription Agreement

    The Subscription Agreement for the AmRoc Fund.

  • Partnership Agreement

    The Partnership Agreement for the AmRoc Fund.

AmRoc Access Fund LLC Terms

Investment Summary

Fund

AMROC Access Fund LLC (the “Access Fund”)

Fund Managing Member

CV Manager LLC

Access Fund Administrative Fee

The Access Fund will pay CV Manager 1.75% of the Access Fund capital per year for administration and information functions available through the CityVest Investment Dashboard. For investments of $100,000 to $200,000 by an investor, the Administration Fee will be reduced in half in the first year through a rebate of 0.875% back to the investor. For investments over $200,000 by an investor, the Administration Fee will be zero in the first year through a rebate of the full 1.75% fee back to the investor.

Organizational Expenses

The Access Fund will pay CV Manager a one-time fee of $50,000 for organizational and formation expenses.

Minimum Investment Amount

$25,000 minimum investment for up to 99 accredited investors.

Commissions

There are no selling commissions, marketing allowances or broker dealer fees.

Distributions

Quarterly, paid out of distributions as received from AmRoc

Targeted Fund Amount

Estimated $3,000,000 to $5,000,000

Investment Closing Steps

You may initiate your investment by clicking “Invest Now” and following the instructions.

Step 1. DocuSign. Documentation through DocuSign should be completed as soon as possible as investments are accepted on a first-come, first-served basis.
Step 2. Accredited Verification form or documents should be sent immediately after DocuSIgn is completed.
Step 3. Wire Transfer can be sent after the DocuSign is completed, and it will be required within 5 days of request, which will occur when 99 investors have subscribed or as late as February 25th, 2022.

Term

Up to 7 years

Investment Return

The Access Fund has negotiated a side-letter agreement with AmRoc Fund to receive a 13% preferred return, followed by 80% of the remaining profit. The Access Fund will then distribute 100% of such amounts received after fees to the Access Fund investors pro rata to their respective capital account.

Fund Administration/Accounting

Accounting, tax and other administration services may be provided by third party providers at the expense of the Access Fund.

AmRoc Premier Opportunity Fund, LP Terms

Investment Summary

Investment Manager

AmRoc Premier Capital LLC ("Manager")

Targeted Return

18% IRR

Preferred Annual Return

Access Fund:
13% Preferred Return

Direct Investors:
10% Preferred Return

Profit Split Over Preferred Return

Access Fund:
80% Investors / 20% AMROC Management

Direct Investors:
80% Scaling down to 50% for Investors
20% scaling up to 50% for AmRoc Management

Management Fee

Acquisition Asset Fee: 2% - 4%
Management: 2% of capital
Disposition Fee: Up to 2% - 4% of value

Fund Term

5 years with 2 possible 1 year extensions

Revised Target Fund Size

$250,000,000

Fund Administrator

Juniper Square

Legal Counsel

Davis Gillett Mottern & Sims LLC

Auditor

Dixon Hughes Goodman LLP

Investment Manager Investment:

1% of Fund, up to $2.5 million

Important Disclosure Statement for AMROC:

An investment in the units of AMROC is speculative and risky. No assurance can be given that investors will realize their investment objectives or will realize a substantial return (if any) on their investment. Investors should be able to bear the complete loss of their investment in AMROC. For this reason, each prospective subscriber for AMROC should carefully read AMROC’s Private Placement Memorandum (“Memorandum”) and all Exhibits to the Memorandum. Each prospective subscriber should consult with his attorneys, accountants, and business advisors prior to making an investment in AMROC. Only qualified, eligible investors may invest in AMROC.

AMROC will invest in multifamily, residential real estate, which includes apartment and student housing. As such, investment in the Units does not constitute a diversified investment. AMROC intends to diversify its investments by investing in multiple multifamily residential properties throughout the United States. AMROC intends to hold approximately 20 properties with no single investment representing more than 20% of AMROC's total invested capital. Anticipated portfolio characteristics may differ from actual portfolio holdings. An inability to raise substantial funds in this Offering could also result in substantial limitations on AMROC’s ability to achieve a diversified portfolio of assets.

Because this is a blind pool offering, investors will not have the opportunity to evaluate investments before AMROC makes them, which makes an investment in AMROC more speculative. The investors must rely on the management of AMROC and to make all investment decisions. There can be no assurances or guarantees that AMROC’s investment objectives will be realized or AMROC’s investment strategy will prove successful.

An investment in AMROC may be affected by a number of factors beyond the control of the management of AMROC that will affect the value of AMROC’s investments. These include risks typically associated with investments in residential real estate that produce income such as increased vacancy rates, re-letting risk, or decreased rental rates, adverse changes in general economic conditions or local conditions that may reduce the demand for multifamily residential properties, changes in the demand for or supply of competing properties in an area, unanticipated holding costs, the availability and cost of necessary utilities and services, changes in real estate tax rates and other operating expenses, changes in governmental rules and fiscal policies, changes in zoning and other land use regulations, environmental risks such as mold contamination or environmental claims that could be made against AMROC, and natural disasters, most of which are not covered by insurance.

AMROC will operate in a highly competitive market for investment opportunities. AMROC's profitability depends, in large part, on the ability to acquire profitable investments. In doing so, AMROC will compete with numerous other entities and individuals engaged in real estate investment activities, many of which have greater financial, technical, marketing, and other resources than AMROC. Poor performance of the investment management in selecting investments for AMROC, or poor performance of any investment, could adversely affect the profitability of AMROC and the overall return to the investors.

AMROC may make investments through a joint venture or co-investment arrangement. Such arrangements may be on terms that limit AMROC’s ability to control the investments and to receive returns on those investments.

Adverse economic conditions may adversely affect the ability of AMROC to obtain financing. Unfavorable financing terms or the inability to obtain financing would adversely affect the operating results of AMROC. The high level of leverage on the properties increases the debt service risks and the likelihood of foreclosure. AMROC's borrowing of capital increases the risks of adverse effects on AMROC's financial condition.

The investment manager of AMROC has a limited operating history and track record upon which prospective investors may base an evaluation of its likely performance. Prospective investors should not rely on the past success of the investment manager's affiliates. The success of AMROC is significantly dependent upon the expertise of certain investment or support personnel and any future unavailability of their services could have an adverse impact on the AMROC’s performance. The General Partner and a majority of Limited Partners may agree to amend the AMROC Agreement, which could be adverse to some limited partners. It is impossible to predict accurately the results from an investment in the AMROC because of general risks associated with the complete reliance on the General Partner and its affiliates to identify and negotiate the investments to be acquired by AMROC.

The proposed method of operation of AMROC creates certain inherent conflicts of interest among the AMROC, AMROC, the General Partner and their affiliates. The liability of the investment manager is limited. AMROC and its affiliates may compete with AMROC's investments and may provide services to the AMROC or Property Owners. AMROC may make direct investments in affiliates of the investment manager. The investment manager may have conflicting fiduciary obligations with respect to the allocation of investment opportunities. The investment manager and its affiliates will receive compensation and reimbursements. Certain compensation to the investment manager and its affiliates has not been established by arms-length agreement. AMROC's and the investment manager's officers and agents will engage in other management activities. A single legal counsel will represent AMROC, the investment manager, AMROC and their affiliates.

The investment manager may have conflicting fiduciary obligations when making investments through a joint venture or co-investment with an affiliate of the investment manager. These transactions may not be the result of arm's-length negotiations and may involve conflicts between the AMROC's interests and the interests of the investment manager and its affiliates. The investment manager will use reasonable efforts to ensure that the terms and conditions of such transactions will be no more favorable to the affiliate than could be obtained by arms-length negotiations with an independent third party.

An investment in AMROC is illiquid. No public or other market will develop for the Units. These securities are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under the Securities Act of 1933, as amended and the applicable State securities laws, pursuant to registration or exemption there from. Prospective investors should be aware that they will be required to bear the financial risks of any investment in these securities for an indefinite period of time.

Units of AMROC are offered without registration under any securities laws due to a reliance on an available exemption. Although, AMROC’s offering documents are not reviewed or approved by federal or state regulators, AMROC must comply with a variety of legal and compliance requirements. Failure to comply with the requirements for a private offering exemption would adversely affect AMROC. Maintenance of an Investment Company Act exemption may impose limits on AMROC's operations, and if AMROC becomes subject to the Act, AMROC would likely be unable to continue its business.

Certain statements included in this presentation constitute "forward-looking statements" and are subject to a number of significant risks and uncertainties. Any such forward-looking statements contained herein should not be relied upon as predictions of future events. Certain such forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "could" "would likely," "should," "seeks," "approximately," "intends," "plans," "estimates," "anticipates," "continue" or the negative thereof or other variations thereof or comparable terminology, or by discussions of strategy, plans or intentions. Such forward-looking statements are subject to numerous risks and are necessarily dependent on assumptions, data or methods that may be incorrect or imprecise and may not be realized. In that regard, actual results may differ materially from those in forward-looking statements. As a result of the foregoing, no assurances can be or are given as to future results of operations or financial condition of AMROC.

AMROC’s investment approach has complex tax implications for investors. These ramifications should be reviewed carefully and applied to each investor’s individual circumstances. AMROC may involve structures or strategies that may cause delays in important tax information being sent to investors. You should obtain investment and tax advice from your advisers before deciding to invest.

This material includes certain statements, estimates and projections of AMROC with respect to the anticipated future performance of AMROC. Such statements, estimates and projections reflect various assumptions of the investment manager that may or may not prove to be correct, and no assurance can be made that AMROC can or will attain such results. Nothing contained herein is or should be relied on as a promise or representations as to the future performance of AMROC.

These materials (the “Presentation”) have been provided for informational purposes only and neither constitutes the Memorandum of AMROC nor provide a comprehensive disclosure of both the terms of investment and risk disclosures associated with an investment in AMROC. This Presentation is not a complete summary of the terms of AMROC or the background information of persons associated with the Investment Manager and is qualified in its entirety by, and must be read in conjunction with, the more detailed information included in the Memorandum, the governing documents of AMROC, the Subscription Agreement of AMROC and other related documentation.

This Presentation, furnished on a confidential basis to the recipient, is neither an offer to sell nor a solicitation of any offer to buy any securities, investment products or investment advisory services, including units of AMROC. This presentation is not an advertisement and is not intended for public use or distribution and is intended exclusively for the use of the person to whom it has been delivered. An Offer may be made only by means of the Memorandum. This sales literature must be accompanied or preceded by that memorandum and read in conjunction therewith to fully understand the implications and risks of the securities to which it relates.

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Value Add

Risk of Loss
Medium 1
Leverage
60-75% 2
Occupancy Rate
Less than 80% 2
Strategy
Heavy Renovations​/Major Retenanting 2
Stable Tenants
Few​/None 2
Hold Period
1-3 Years 2

1 The Risk of Loss is relative to other investment profiles. There is always a risk of total loss.

2 These are typical attributes for this profile of investment and may or may not represent this particular investment.

Single-Family

A single family residence (SFR) is the most common type of home which is a single family detached, stand-alone structure with its own lot intended for one family.

Target Return (IRR)

The estimated annual return which includes both the annual cashflow and the sale proceeds.

Target Annual Cash

The estimated average percentage annual cash return from the investment.

Estimated Hold

Estimated hold period from investment to realization.

Preferred Return

The preferred return or “pref” is a percentage cumulative return on initial investment that investors must attain prior to the investment manager’s participation in the profits.

Fund Size

Trion Fund is raising a maximum of $20,000,000