$25 Million DealPoint Merrill Growth and Income Fund Offered by Bendigo Securities

LOS ANGELES, Dec. 23, 2014 /PRNewswire/ -- DealPoint Merrill launches in January its $25 Million DPM Growth and Income Fund as part of its real estate expansion platform. Their business plan includes the adaptive reuse and redevelopment of commercial and retail shopping centers, the conversion of stand-alone big box buildings such as a vacant K-Mart, Walmart or grocery store into a hybrid self-storage facility with both climate controlled and open air storage, the redevelopment of multi-tenant retail shopping centers with dark big box anchor tenants, and the acquisition of value added existing self-storage properties.

"Our investment philosophy is rooted in acquiring value added properties at deep discounted prices below replacement value, thereby creating an immediate margin of safety for our clients. The fund will be centered on the re-development of existing properties and the conversion of vacant big box retail or commercial buildings into self-storage," said Sterling McGregor, Chief Investment Officer.

The investor goals (for accredited investors only) is to preserve capital with monthly distributions, capital growth through redevelopment, acquire properties with income, and the sale of redevelopment of excess land.

The Fund is being administered through Bendigo Securities.

For more information, contact:
Tony Ramsey, Managing Partner
310-671-3900
[email protected]

About DealPoint Merrill

DealPoint Merrill, LLC is an owner and operator of value added real estate opportunities and sponsor of real estate investment offerings. Based in Los Angeles, DealPoint Merrill is a strategic alliance partner with Sperry Van Ness Real Estate for co-investment opportunities and development services. For more information visit our website at: www.dealpointmerrill.com. 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/25-million-dealpoint-merrill-growth-and-income-fund-offered-by-bendigo-securities-300013498.html

SOURCE DealPoint Merrill

Related Links

http://www.dealpointmerrill.com

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED