iCapRate Investment Corporation, a pioneer in Net Leased commercial real estate crowdfund investing, emerged from stealth mode today announcing plans to unveil an innovative online platform allowing accredited investors to participate side-by-side with iCapRate in the direct ownership of vetted Investment-Grade Single Tenant Net Leased commercial real estate.
This is considered a first-of-its-kind investment approach to the Investment-Grade Single Tenant Net Leased asset class represents a groundbreaking way for individuals to obtain direct ownership at a lower capital threshold, leveraging the expertise of a world-class asset management firm all while maintaining ultimate choice and transparency. Set to launch in the first quarter of 2015, iCapRate is now accepting beta users. Founded by a former high-tech executive and seasoned commercial real estate portfolio asset manager, iCapRate aims to provide a powerful alternative to existing investment options.
Co-founder and CEO of iCapRate, Dan Tealdi stated,”iCapRate exemplifies investor empowerment and represents a major step forward for individuals to create wealth through commercial real estate ownership. Our platform removes a long standing antiquated investment approach to premium assets such as Investment-Grade Single Tenant Net Leased commercial real estate. We are working closely with our skilled team to bring this exciting platform to investors first quarter of 2015.”
Investment-Grade Triple Net (NNN) or Net Leased commercial real estate assets serve as an ideal investment vehicle for long-term investors seeking competitive risk-adjusted returns with the added benefit of owning commercial real estate with limited to no landlord responsibilities. The inherent premium nature of a Net Leased investment is tied to two integral components, first being the strength of the lease agreement and the second being the strength of the Investment-Grade credit rated tenant.
The essence of a NNN lease agreement maximizes returns by factoring the rental income paid to ownership, net of any property related expense such as taxes, insurance, maintenance and utilities. In addition, the stability of the expected rental income generated over the term of the lease is maximized due to the inherent credit quality of the Investment-Grade tenant occupying the space such as a Walgreens or Citibank. In most cases these lease agreements are also tied to a corporate guarantee further insuring the expected rental income and thereby creating additional value to the property.
Through iCapRate’s proprietary cloud-based investment dashboard, registered and approved accredited investors can manage the entire life cycle of their Net Leased investments including the platform’s innovative 3-Step paperless investment process to review due diligence documents, digitally sign subscription agreements and commit to an investment from anywhere at anytime.