Red Oak Capital Fund VII, LLC
Red Oak Capital Fund VII, LLC is offering a $75-million bond
Red Oak Capital Fund VII, LLC is offering a $75-million bond which is open to qualified account investments, carries a 5-year term, with a minimum commitment of $10,000. The offering is securitized by senior-secured commercial mortgage notes and is backed by existing commercial real estate properties in the U.S.
Bond Yield
8.0%
Minimum Investment
$10,000
Offering Size Target
$75,000,000
Strategy
Senior Position CRE Bridge Lending
Key Terms & Structure Attributes
Structure | Bond |
Offering Target | $75 million (12 months Max) - Regulation Tier II - A+ |
Investor Qualifications | General solicitation |
Minimum Investment | $10,000 |
Preferred Return | 8% |
Term | 5-Years |
Coupon Payment | Paid quarterly in arrears, January 25, April 25, July 25, October 25 |
Maturity Date | 12.31.29 |
Reporting | Annual Audited Financials, Bi-Annual financials, QT Portfolio Updates |
Valuation | Following GAAP |
Tax | 1099-INT |
Management Fee | 1% on invested capital |
Servicing/Renovation Mgt Fees | Paid by the borrower to OAK |
Credit Facility | May use credit facility up to 70% of the Fund’s asset value |
Fund Documents
Disclaimer
The contents of this website and/or any related webpage links do not constitute an offer of securities or a solicitation of an offer to buy securities by any party.
The information on this website is for informational purposes ONLY and does not constitute an offer to sell or the solicitation of an offer to purchase securities. Any such offer will be made solely by means of the Private Placement Memorandum (“PPM”) of Oak Institutional Credit Solutions, LLC (the “Fund”). The information contained herein may not be used in connection with an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not qualified or to any person to whom it is unlawful to make such offer or solicitation. Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved or passed upon the accuracy or adequacy of these materials.
This investment will involve significant risks and investors should review the “Risk Factors” specified in the Fund’s private placement memorandum. Investors must have the financial ability and willingness to accept the risks and lack of liquidity characteristics of the investment described herein. There will be no public market for any interest in the Fund. The contents of this website and and/or any related webpage links do not constitute and should not be interpreted as either a recommendation or advice, including legal, tax or accounting advice.
This website contains forward-looking statements. Forward-looking statements are typically identified by the use of such terms as “may,” “should,” “could,” “intend,” “plan,” “anticipate,” “estimate,” “believe” or the negative of such terms and other comparable terminology. Such forward-looking statements are based upon current plans, expectations, estimates, assumptions and beliefs that involve numerous risks and uncertainties related to future economic and/or market conditions, as well as future business decisions, which are difficult or impossible to predict accurately or which may be out of the Fund’s control. Actual results could vary materially from those set forth in such forward-looking statements.