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The Open Book Platform

Deals vetted by Open Source Capital are distributed through “real estate investment portals under the Securities and Exchange Commission’s exemption know as Regulation D Section 506c.

 

 

Directly invest with some of the top real estate investors in the world, together with like-minded high net worth Individuals and private equity funds

 

  • Direct investment opportunities  involve a high degree of risk, and are only suitable for “accredited investors” as defined by the U.S. Securities and Exchange Commission.  All investors are encouraged to seek legal and other professional counsel prior to making any investments.
  • Disclaimer: These presentations contain confidential and proprietary information to be used solely for purposes of discussion, to determine preliminary interest in establishing a business relationship with Open Source Capital, LLC and our Sponsor/Developers.  Under no circumstances are these presentations to be used or considered as an offer to sell, or a solicitation of any offer to buy any security.  Any such offer may only be made pursuant to a prospectus, or other offering documents, meeting the requirement of applicable Federal and State securities laws.  The information contained herein is in summary form for convenience of presentation.  It is not complete and it should not be relied upon as such.

 

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Current OSC vetted Projects

 DEAL # 1 Profit Participation Loan

“Dequity”

94- SINGLE FAMILY RENTAL HOMES IN GAINESVILLE, FLORIDA

  1. click for INVESTMENT HIGHLIGHTS

This project is available as “dequity” (a profit participation loan)

email: kmeyer@opensourcecap.com for details

Workforce  housing is becoming scarce in college towns where student decide to stay and live in the community.  Many students are finding that living near a college campus in an affordable safe community gives them the start they need to leverage off there college experience.

The project will provide:

  • A significantly low cost basis for detached rental housing
  • A college oriented village with lower density than other attached or high-rise housing
  • Low maintenance expenses
  • Rental friendly plans
  • Tax advantages for investors
  • Significant savings over apartment construction costs

The Opportunity

The Company plans to develop 94 Single Family Rental homes in a planned village within commuting distance to both the University of Florida and Santa Fe College in Gainesville, Florida.

Sponsor: Management team has extensive real estate development expertise

Financial Highlights

Capital Stack:

Equity:

Sponsor $400,000 (4%)

Dequity Investor $1,600,000(16%)

Debt: 1st Lien at stabilization $7,992,480 (80%)

Total Capital:$9,990,000 (100%)

Construction loan: TBD

Investment Term:3 years

 

INTEREST ON INVESTOR’S CAPITAL: 8%

TOTAL ESTIMATED INVESTOR IRR:  32.89%

ESTIMATED CONSTRUCTION DURATION: 12 Months

ESTIMATED LEASE-UP/STABILIZATION PERIOD:    14 Months (pre-lease begins 1 month before first building’s CO)

ESTIMATED RETURN ON PROJECT COST:  8.34%

PROJECT SALE CAP RATE:   6.25%

ESTIMATED PROJECT SALE VALUE: $14,327,234 (Year 3)

PROFORMA INVESTORS PROFIT SHARE: 9% of sales price at exit.

VISIT COMPANY WEBSITE

 

 

 

 

DEAL # 2

Equity Investment in Entertainment & Dinning 

In 2002, the original John Wehner’s Village Door was designed to simply be a nightclub in the Village of Baytowne Wharf in Sandestin, Florida. The venue since added a restaurant serving authentic, tasty barbeque, burgers, craft beer, and more. The original Village Door has been a hit with families, tourists, and party-goers looking for delicious food, live music, and pulse-quickening dancing into the night with a curated house band and professional DJ cranking out beats. Following the success of this venue, the Company has begun expansion to a second location at the Seascape Resort. The Village Door Seascape will become the pinnacle of tourist entertainment for Florida’s Emerald Coast, capitalizing on an established brand and deep knowledge about what works in the Destin area market.

INVEST NOW portal investment

The Seacoast Hospitality, LLC is being presented exclusively by AltMarketplace.com an online “buy-side portal site”.  The offering is being conducted under U.S. securities laws as a Rule 506(c) of Regulation D of the Securities Act of 1933, as amended.  Accordingly, only accredited investors may participate in the offering. The offering is more fully described in the Private Placement Memorandum, which includes important risk factors, the deal description and the Subscription Agreement (the “Offering Documents”).

  1. Visit Company Website

 

 

 


DEAL #3

Equity Investment in Luxury condominium project- St. Petersburg, Florida

 

The Bezu is a new luxury condominium complex being constructed in the heart of downtown St. Petersburg, just one block from Beach Drive. Located on Florida’s gulf coast, St. Petersburg is known for its pleasant weather and beautiful beaches and boasts the third-largest waterfront public park system in the United States. With its close proximity to Tampa Bay and Clearwater, St. Petersburg has become an extremely popular destination choice for high net worth individuals looking to relocate.

Property & Building

  • Upscale 23 story condo tower located at 100 4th Avenue North in downtown Saint Petersburg, Florida
  • Built and established in 2nd quarter of 2019
  • Up to 11ft. ceilings
  • Boutique 24 residences ranging from 1,492 sq. ft. to 3,320 sq. ft.; Penthouse up to 5,363 sq. ft.
  • Ultra-high speed, private, touchpad controlled elevators
  • Completely private residential building with on-call concierge
  • Additional flex space in all units
  • 2 Parking spots per unit, Penthouse 3 parking spots
  • Additional parking available for a fee
  • Private elevator lobby (for Estate Units and Penthouse Unit)
  • Open-air pool & jacuzzi located on the 6th floor

 

 

 

  1. click for PPM
  2. General Contractor qualifications
  3. View the brochure

 

 

 

 

Residence Amenities

  • Free-flowing, spacious floorplans with floor-to-ceiling hurricane proof glass doors and windows overlooking Tampa Bay and Downtown St. Petersburg
  • Up to 11ft. ceilings
  • Smart-building technology
  • Pre-wired Audio Systems
  • High quality German bathroom fixtures
  • Spacious, glass-enclosed showers with seating and Hansgrohe plumbing, including rain showerheads, handheld sprayers
  • Custom-made exotic bamboo entry doors
  • Italian porcelain
  • Choice of natural stone flooring or wood flooring
  • Each unit has 2-3 balconies
  • Exotic granite and quartz kitchen countertops
  • Wood cabinetry with soft-closing drawers and custom inserts
  • Solid glass window as kitchen backsplash (Units A&B) overlooking beautiful St. Petersburg
  • European glass backsplash (Estate & Penthouse)
  • Large, stainless steel sink with a spray gooseneck
  • Ample storage and shelving
  • High-end LED light fixtures
  • Luxury roller shade systems
  • Prewired for high-speed Internet access
  • Estate and penthouse come with an additional minibar, dishwasher and Miele built in coffee machine
  • High-end stainless steel / built-in appliances


DEAL #4

Equity Investment -Texas Luxury Hotel and Apartments

coming soon

 

A leading developer is offering an “attractive rental option” in the market for permanent residents to receive hotel services without having to buy specialized condominiums. The opportunity to enjoy these services, without having to commit to a purchase and make substantial investment, creates a strong lure for millennials anxious to experience more exclusive housing.