Types of Investments
The majority of BPE investments will be related-party investments that generate attractive and consistent cash distributions, are safe and yield-bearing real estate as well as real estate debt instruments.
We place a lesser emphasis on, but still may target, capital appreciation from our investments compared to more opportunistic or equity-orientated strategies.
The principals of Blue Pointe Equities have more than 80 years of collective experience in commercial real estate and finance across various property types, including office, industrial, multi-family, retail, and more. The team has extensive knowledge of the market and has collectively executed more than $300 million in real estate transactions in West Michigan alone.
With their background including investment strategy, wealth planning, and knowledge in West Michigan-specific commercial real estate and its growing market, Blue Pointe Equities offers a breadth of experience and opportunity to develop an unparalleled edge in West Michigan investment real estate.
44 Grandville Ave SW,
Grand Rapids, MI 49503
Blue Pointe Equities, LLC and our partners at Third Coast Development, LLC were featured by MiBiz for our recent investment in the 137,000-square-foot American Seating Park in Grand Rapids’ west side. Through our new partnership with Third Coast Development, we hope to build a localized network of commercial real estate investors for years to come. Click here to learn more as reported by MiBiz.
GOALS OF THE FUND
- Originate, acquire and manage a diverse portfolio of real-estate investments
- Primarily invest in related-party investments with potential to target capital appreciation from investments
The Investment Holding Period will vary depending on:
- Type of investment
- Interest rates
- Investment performances
- Micro and macro real estate environment
- Capital markets and credit availability
- Fund Mgt.: 2%
- Profit Split: 20%
- Acq./Disp.: 2% to qualified
- Asset Mgt.: .75%–1% of gross rents
- Asset Type: Office/Industrial/Multi-Family
- Return: Preferred target 8%
- Eq. Raise: $8m–32m
- Min. Initial Close: $8m
- Min. Investment: $250k
- Commit.: 36 months
- Terms: 7–10 years
- Dividends: Quarterly
Scott Alfree, Varnum, Partner
Jeffery Gilbertsen, Harbor Shores Development, CFO
George Larimore, Colliers, Sr. Vice President of Investment
Zachary Dennis, Union Bank, Sr. Vice President of Commercial Banking
Please fill out the form below with any questions, comments, inquires or to schedule an appointment. We will be sure to respond right away.