TRIVIUM RE FUND I
Investment Opportunity Overview
Updated: October 31, 2024
Fund Overview & Targets
$30m
Fund Size
Build-to-Core
Multifamily
Asset Type
Mountain
West
Target Market
10%+
Targeted Stabilized
Cash-on-Cash
16%+
Targeted IRR
(10-year hold)
REAL ESTATE INVESTMENT
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"Real estate is extremely attractive today relative to other asset classes. It is a natural inflation hedge because you're consistently capturing the rise in cost by increasing rents. I think that's what is most attractive right now, particularly for shorter-term-lease-type products [like residential]."
Kimberly Adams, Managing Director at J.P. Morgan Asset Management (via Kellog Institute)
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Refinance distributions are tax-free.
Depreciation allows investors to write off the property value over time and can be front-loaded by using cost segregation. Typically, most gain can be offset by depreciation during the hold period.
Opportunity zone benefits can provide tax-free appreciation if invested capital constitutes a qualified gain.
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Private real estate has performed steadily relative to the volatility in other asset classes, including public REITs and other public markets.
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Trivium Capital's primary focus is protecting and maximizing our investors' wealth by focusing primarily on long-term holds in cash-flowing properties.
Mountain Megas
Mountain West region projected to be fastest growing of all America’s divisions through 2030.
Home to 5 of the top 6 states experiencing the highest growth in adult population:
Utah (First - 23.88%)
Idaho (Second - 22.52%)
North Dakota (Fourth - 20.59%)
Nevada (Fifth - 19.45%)
Colorado (Sixth - 19.25%)
Arizona (Ninth - 15.45%)
U.S. grew by approximately 10% during the same period
“Multifamily residential housing boasts solid fundamentals that make it a best bet in the coming year (2024-25). It is a segment of real estate that has largely become resistant to a recession.”
- Emerging Trends in Real Estate 2024 (PricewaterhouseCoopers, Urban Land Institute)
“Despite cyclical macroeconomic effects putting home prices under pressure in the short term, deepening housing shortages and strong fundamentals will continue to drive real price growth in the longer term. This will lead to record high rental demand and long-term rental growth which will continue to support investors’ appetite for the various forms of rental housing.”
- JLL Global Real Estate Perspective (2023)
UPCOMING PROJECTS
Logan Station (Phase A)
Location: Logan, Utah
Units: 68 townhomes
Status: Phase A(1) (19 units) under construction
Capital Availability: $4m
Riverwest at Logan Gateway
Location: Logan, Utah
Units: 62 apartment units
Status: Shovel Ready (break ground Spring 2025)
Capital Availability: $4.5m
Rivers Edge (Phase 1)
Location: Tremonton, Utah
Units: 18 townhomes, 36 apartment units
Status: Shovel Ready (break ground Fall 2024)
Capital Availability: $4.8m
RECENT PROJECTS
Smithfield Station
Location: Smithfield, Utah
Asset Type: Multifamily
Stabilization: January 2019
Stab. Cash-on-Cash to Date: 54.37%
Homesteads at Country Haven
Location: Preston, Idaho
Asset Type: Multifamily
Stabilization: October 2023
Stab. Cash-on-Cash to Date: 19.2%
Birch Creek Assisted Living
Location: Smithfield, Utah
Asset Type: Specialty (Assisted Living)
Stabilization: August 2022
Stab. Cash-on-Cash to Date: 24.71%
Logan Gateway
Location: Logan, Utah
Asset Type: Commercial
Stabilization: August 2024
Stab. Cash-on-Cash to Date: Pending
Copper Heights
Location: Providence, Utah
Asset Type: Single Family Subdivision
Stabilization: Sold September 2023
Annualized ROI at Sale: 44.97%
Renewal Logan
Location: Logan, Utah
Asset Type: Vertical Mixed Use
Under Construction (October 2024)
Stab. Cash-on-Cash to Date: Pending
Past performance is not a guarantee or indicative of future returns.
The information contained herein does not constitute a solicitation for the sale of securities.
Return metrics calculated as of October 31, 2024
Learn More About Investing with Trivium
mjewell@triviumcapitalpartners.com
701 S Main Street, Suite 120
Logan, Utah 84321