cali river suites - lifeafar investments · cali river suites project info with cali’s tourism...

CALI RIVER SUITESAn opportunity to invest in the growing hospitality market in Cali, Colombia

POST-TAX PROJECT IRR: 13.4 %

AVERAGE ROI 9%

* Returns are based on project estimates/projections

Contact | [email protected]| Cali River Suites

Lifeafar has been creating unique packaged real estate investment opportunities since 2008.

This kind of packaged investment structure allows investors the ability to participate in a hand-picked, fully turn-key real estate investment project that produces cash flow and equity.

In short, our expert investment team finds low cost real estate in desirable or up-and-coming areas that present exceptional opportunities in the hospitality market.

By purchasing older properties, and using our expertise to renovate the space to maximize rental potential, we are able to optimize returns.

The projects are fully managed by our local, on-the-ground team from selection and rental assessment, right through to the renovation, interior design and presentation on our rental listing websites.

We then manage the successful rental of the property via our extensive team of marketing specialists, booking agents, concierge and hospitality staff.

Lifeafar has successfully pioneered these types of packaged investments and we continue to optimize the development and investment process to maximize the returns for our investors.

OUR REALESTATE PROJECTS

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- Post-Tax Project IRR 13.4% *

- Average ROI 9% *

- Generate above average returns in Cali's short-term rental market

- Benefit from discounted Property Management Fees during the first three years of operation

- Enjoy discounted rates at Cali River Suites as a guest

- Invest directly with your U.S. Dollars from your homebank account

- Invest with confidence - use of the Panama holding structure limits legal uncertainty as Panama law largely tracks U.S. corporate law.

- Become an investor in the flagship product of our new“Build Your Own Fund” concept before this opportunityis fully subscribed.

INVESTOR HIGHLIGHTS INCLUDE



Project manager performance bonuses are structured into the agreement to assure investor cumulative return hurdles of 8% are met before project sponsor participates in any performance bonuses. Bonus structure is defined in detail in the Investor Package.

* Images are from a recently completedLifeafar project in Cali

* Current building facade

CALI RIVER SUITES PROJECT INFOWith Cali’s tourism increasing more than 50% from 2013 to 2016 and steady corporate business from the city’s role as the main financial center for the country’s largest port, there is a growing need for high-quality yet affordable accommodations. Our new Cali River Suites project is poised to meet this demand.

Located adjacent to the upscale neighborhoods El Peñon and Granada, near the newly transformed Cali River Boulevard, and just a few blocks from major hotel chains Dann Carlton and the Intercontinental, Cali River Suites is surrounded by an array of nightlife and fine dining zones that showcase the rapid urban renewal Cali is experiencing.

With average nightly rates for four star accommodation around 200,000 Colombian Pesos per night ($65 USD), Cali River Suites offers a higher quality and more affordable product than comparable hotel options in the marketplace.



Contact | [email protected]

www.farinternational.com

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CALI RIVER SUITESFLOOR PLANS LEVEL 1

Proposed Renovation

Area: 634.5 ft2

Lobby & Reception

Parking lots: 3

Disclosure: This is an initial layout, finishing and materialsmight be adjusted during construction

Our FADS (First American Design & Construction Services) team has improved the original layout of the apartment to maximize rental potential



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Proposed Renovation

Area: 604.3 ft2

Units: 5

Bathrooms: 5


Our FADS team has improved the original layout of the apartment to maximize rental potential



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Proposed Renovation

Area: 592.8 ft2

Units: 12

Bathrooms: 12



CALI RIVER SUITESFLOOR PLANS LEVEL 3-4



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Proposed Renovation

Area: 592.8 ft2

Units: 6

Bathrooms: 6




CALINEIGHBORHOOD



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This area has a great combination of urban and suburban living, entertainment options, and is close to the main business and tourist centers but is distant enough to give residents the ability to enjoya quiet and peaceful atmosphere.

This neighborhood is perfect for travelers looking for a local experience with all the comforts of one of Cali's most upscale neighborhoods.

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CALINEIGHBORHOOD



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Enjoy excellent access to the best lifestyle, shopping, restaurants,bars and clubs Cali has to offer.

Main local attractions

Cali River Suites Obelisco, Cocktails and empanadas at night The famous Cat Park La Sagrada Familia Hotel project full city block Peñon Park with live music every day and art on Sundays Street with fancy cocktail bars and restaurants Hotel Intercontinental The blue line is a stretch with 10 restaurants, bars and ice cream shops BBC - Bogota Beer Company Restaurant San Antonio historic barrio Movich Hotel Centenario Mall Marriot Hotel


CALI LOCALATTRACTIONS


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• 23 rooms and suites with all new finished materials• Upgraded communal areas and guest lounge

• Modernized mechanical, plumbing and electrical systems to the highest standard

• New lighting design to create acontemporary ambiance

• Premium design finishings, furniture and appliances including a communal washer and dryer area

• Dedicated work space for business clients

DESIGN CONCEPT


RENOVATION HIGHLIGHTS

Renovated space will be 10,806 square feet with 23 apartments, lobby and lounge.



EXAMPLES OF PREVIOUS PROJECTS


Bosques de Provenza

Oasis de Poblado

Envigado Lofts

1 4 . 1 7 %

9 . 3 %

AVERAGE ROI

AVERAGE ROI

1 4 . 5 4 %AVERAGE ROI

1 5 . 1 3 %AVERAGE ROI

Poblado Suites

*Past performance is no indication of future performance.



KEYSTONE VS STANDARDINVESTOR OPTIONS

Keystone Investment Standard Investment

→ Receive a pro-rated distribution of the project returns (ROI and IRR) based on your ownership contribution

→ 8% Preferred Returns pro-rated from the date the full commitment amount is received until July 1st 2019

→ Minimum Investment amount of $50,000 USD

→ Full commitment amount is due on completion of the documentation package

→ Keystone Investment is limited to the first $750,000 USDreceived for the project

→ On July 1st, 2019 all Keystone shares are converted into common shares

→ Receive a pro-rated distribution of the project returns (ROI and IRR) based on your ownership contribution

→ Minimum Investment amount of $25,000 USD(only $6,250 USD due in 2018)

→ 25% of your funds due on completion of documentation package

→ Balance of your funds is due by January 15, 2019

→ Receive common equity shares that represent your percentage ownership in the Cali River Suites project

– For both investments a 5% refundable deposit is required to hold your position on a first-come, first-serve basis– Full details of the Investment are outlined in the related Investment Offering Memorandum– The Asset Manager will retain full voting rights for the asset. Asset Manager to aid in resale at preferred time of sale of shares by the investor


● Average ROI 9% *● Post-Tax Project IRR 13.4%*● Minimum investment amount is $25,000 USD● The first $750,000 invested from Keystone investors

will receive pro-rated annualized returns from day one

Total Building Acquisition ................................. $ 1,700,000,000 COP

Total Building Development ............................. $ 3,744,369,659 COP

Total Project Investment .................................... $ 5,444,369,659 COP

Exchange Rate COP/USD............................................... $ 2,889 to $1.00

● Current exchange rate is very favorable for US investors● Investment offers a hedge against the US Dollar● Perfect timing to invest in a rapidly developing tourist

destination● The project fills a gap in the market for quality

accommodations in an upscale Cali neighborhood● Discounted property management fees for the

first three years of operation

Keys to the ProjectFinancial Summary Additional Investment Benefits

KEY INVESTMENT DETAILS



CALI RIVER SUITES - DEVELOPMENT BUDGET



CALI RIVER SUITES - RENT PROJECTIONS & PRICE COMPARISONS





CALI RIVER SUITES - ANNUAL OPERATING STATEMENT

** Assumes exit of the project in year 11* Reservation management Fee is progressively discounted during the first three years of operations

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EXTENSIVE EXPERIENCE

Premium Portfolio: Our residential and commercial portfolio is a key competitive advantage, and we have an aggressive yet disciplined plan for further asset acquisition. The combination of a high-quality real estate portfolio, an established development capacity, and our property management experience give us market leadership that is very difficult to replicate.

Investment Acumen: We engage in extensive due diligence for evaluating acquisitions, including income-producing properties, vacant buildings, and land suitable for

development. These procedures combined with our extensive knowledge of the Colombian real estate market and broader global investment trends enable us to identify opportunities, complete deals, and generate above average income for our investors. Differentiated Development: The efficiency and proficiency of our process from acquisition to construction to operation, result in significant cost-savings and enable us to increase the potential for greater investor returns.

Marketing Acumen: We pair captivating visuals with advanced analytics to maximize our ability to market our properties across digital media, social networks, partner networks, and mobile platforms. This results in high occupancy rates, significant revenue, and increased profits across our portfolio.



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Since 2006, we’ve been offering real estate investments, and our expertise includes accounting, corporate finance, fund formation and management, marketing, and property development. Our executive, design, and sales teams have decades of combined experience successfully acquiring and retaining customers in Colombia.

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SEE WHAT OUR INVESTORS ARE SAYING


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SEE THE VIDEO SEE THE VIDEO

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"The projections were 65% occupancy rate. So far it's performing above that."

"So far I've been getting 10% on my investment. I like that FAR under promised and over-delivered."

John Schaeffer Jeff Fell


PROJECTTIMELINE


2MONTHS

9MONTHS

1MONTH

UNDERCONTRACT

PropertyAcquisition Renovation

Final Inspections, Marketing &

Accounting Set up

LATE2019

EstimatedProject Opening

Furnishing& Decorating

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INVEST TODAY

● Send a 5% refundable reservation deposit via one the these options to hold your investment:

– PayPal at [email protected]– Credit Card– Cash/transfer from a Colombian bank or brokerage account.

● Shares will be reserved on a first-come, first-serve basis.

● Investors will have ten days once their deposit has been received to review the applicable investor documents after which time the deposit will become non-refundable.

● Be one of our Keystone Investors and receive pro-rated 8%annualized returns.

● Your investment funds will be received through a simple bank wire transfer in USD to the Panama holding entity.



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TRAVEL | |LIVE INVEST

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DISCLAIMER


This presentation contains forward-looking statements that represent our beliefs, projections and predictions about future events or our future performance. You can identify forward-looking statements by terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “outlook,” “ intend,” “may,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would” or the negative or plural of these terms or other similar expressions or phrases. These forward-looking statements are necessarily subjective and involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements or industry results to differ materially from any future results, performance or achievement described in or implied by such statements. Risk factors and uncertainties that may cause actual results to differ materially from expected results include, among others: access to capital at all or on terms that we deem acceptable; failure to achieve the results set forth in our projections;

detrimental changes to the tourist industry of Colombia; downturns in rental rates; development, redevelopment and construction risks; increased competition in Colombia and in our industries; risks of fluctuations in applicable exchange rates; changes to tax laws and other economic conditions in Colombia; risks of natural disasters and other acts of god; illiquidity with respect to real estate assets; changes in governmental regulations applicable to our business; increased costs related to the Project, including unexpected costs related to the development and maintenance of the Project and losses not subject to insurance protection. You are cautioned that it is not possible to predict or identify all of the risks, uncertainties and other factors that may affect future results and that the above list should not be considered to be a complete list. Any forward-looking statement you read in this presentation reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations,

operating results, growth strategy and liquidity. You should not place undue reliance on these forward-looking statements because such statements speak only as to the date when made. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future, except as otherwise required by applicable law. THE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE U.S. SECURITIES AND EXCHANGE COMMISSION OR ANY STATE OR NON-U.S. SECURITIES COMMISSION NOR HAS THE U.S. SECURITIES AND EXCHANGE COMMISSION OR ANY STATE OR NON-U.S. SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PRESENTATION. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

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Please Contact:

FOR FURTHER INFORMATION

Adrian BealesFunding Manager

[email protected]

Colombia: (574) 604 4991 (ext. 157)US: (305) 393 8872 (ext. 157)

FAR InternationalGlobal Express Travel & Business CenterCalle 10 # 42 - 28, Medellin - Colombia

CONTACT US ABOUT OUR CALI RIVER SUITES PROJECT TODAY! [email protected]


cali river suites - lifeafar investments · cali river suites project info with cali’s tourism...

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