Track Record
Over the past 15 years, ColRich has generated more than $1 billion in distributions across 78 investments.
Its current portfolio includes over $750 million of initial equity invested in 61 deals; $295 million (39%) of equity has been returned via refinances (non-taxable events).
Annual distributions of $43m reflects a 8.4% cash-on-cash on equity invested and 14% on outstanding equity invested. For investments purchased prior to 2015 (where ColRich has had time to execute on its business plan), cash-on-cash on outstanding equity averages 32%. For the 18 investments that have been sold, ColRich has averaged a 32% IRR and a 2.8x 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%
