Investment
Over the past twenty years, we raised $25 million of private equity capital to acquire or develop investment real estate with a value of $100 million.
We intend to continue the syndication of existing, well-located real estate projects in Solano, Napa and Yolo Counties. These investments will appeal to pension and IRA investors and to those seeking current return and capital appreciation for their long-term portfolios.
Typical investment syndication’s, which did not involve development of the real estate, include:
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Heart Federal Building
This three-story, 15,000 square foot professional office building was purchased in 1989. Later that year, The Wiseman Company sold the building at a $300,000 profit. Minor improvements to the building and major improvements to the leases produced this 25% increase in value.
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Sunrise Professional Building
In 1991, this well located 36,000 square foot garden office complex became available. We negotiated the purchase and closed the $3.3 million transaction within the seller’s restricted time frame. A Wiseman Company limited partnership of nine investors provided the $1.1 million of equity. The property was sold in 2000.
