Track Record
Over the past 16 years, ColRich has generated more than $1.24 billion in distributions across 99 investments.
Its current portfolio includes over $1.4 billion of initial equity invested in 80 deals; $648 million of capital has been returned via refinances (non-taxable events).
Annual distributions of $66 million reflect a 6.4% cash-on-cash on equity invested and 9.1% on outstanding equity invested. For investments purchased prior to 2019 (where ColRich has had time to execute on its business plan), cash-on-cash on outstanding equity averages 20%. For the 19 investments that have been sold, ColRich has averaged a 29% IRR and a 3x profit multiple.
Property prior to renovation.
Acquired: 2012
Sold: 2014
Equity Invested: $4.9 million IRR: 41%
Equity Multiple: 2.4x
Property prior to renovation.
Acquired: 2014
Equity Invested: $14.8 million
Total Distributions: $13.6 million
Increase in NOI: 41%
Property prior to renovation.
Acquired: 2015
Equity Invested: $11.1 million
Total Distributions: $17.2 million
Increase in NOI: 50%
