- Investment holding period 5 years
- Minimum investment USD 5 000
- 185 402 square feet (2 buildings)
- Quarterly dividends
- Property has opportunity to improve rent roll
- Established medical tenants
- Excellent Partner with a great track record
OrbVest’s latest investment opportunity will be taking advantage of a well located 98% leased high-tech office campus in a strategic infill location by changing the rent roll to long-term medical tenants. Unlocking the potential of capital growth with stable quarterly dividends over the 5-year investment period. This will be achieved through our continued relationship with our local property partner and sponsor having a successful 43-year track record of developing and managing medical office blocks. They provided medical office space to over 700 physician partners keeping an occupancy record of 95% of the 4 million square feet developed.
Atlanta enjoys growth in population, jobs, and income. Atlanta’s economy continues to outperform the nation, and its unemployment rate is at its lowest point in more than a decade. The metro area continues to attract relocations from workers and businesses, and Atlanta is one of the nation’s fastest-growing MSAs as a result. This is reflected in Atlanta’s medical office market, which continued to enjoy low vacancy levels and rising rental rates, along with limited construction. Demand was very strong in Atlanta’s medical office sector during 2018, and healthcare continues to be a growth driver in the local economy. For the past several years the Atlanta medical office market has seen steady levels of demand and limited development, which has brought vacancy down from over 15% to less than 9% today. This has given rise to healthy rent growth and gained the attention of investors, who see Atlanta as a strong market in which to deploy capital. More development is likely to begin in the coming months, and the market can certainly benefit from the additional product in high-demand neighborhoods. In 2019 we expect to see continuing rent growth, a rise in new construction and a vacancy rate that will continue ticking downward. We are seeing Cap Rates moving higher, predominantly due to the past years of increases in the interest rate. With the construction activity slowing and the Fed increasing dovish sentiment, we anticipate that the Cap Rates will stabilize in 2019.
About the sponsor
OrbVest is a global real estate company that invests in US income producing medical commercial real estate. We generate strong cash dividends on a quarterly basis for our clients and assist with long-term wealth creation.
We make investing in global real estate simple for small and large investors to co-invest from as little as $5,000. Clients use an online platform to invest directly into low risk commercial assets, primarily in the Healthcare niche. The investments generate regular dividends (±8% per annum) that are distributed on a quarterly basis creating annuity income and long-term wealth over the period of investment. (Targeted IRR of 12% to 17%)