Solving Real Problems
October 24, 2023
Overview
Whether they’re more likely to know the song “No Shirt, No Shoes, No Problems” by Kenny Chesney or “Champagne Problems” by Taylor Swift, everyone needs someone to help them manage life’s challenges. While most people would assume that at Bonaventure we’re in the business of solving real estate problems, we know we’re dealing with real life, too.
Whether the challenge is to sell, buy, develop or manage a property, our team of experienced real estate experts can solve difficult issues that matter to people and to their families. Thorny issues can surround any real estate transaction, including succession planning, asset transformation, tax management, investment diversification and planning for generational wealth transfers.
As a company, we’re used to going against the grain and looking at the big picture, long-term outlook to solve problems no matter how complex they seem. In fact, some of our clients come to us with what they think is a simple real estate transaction. They don’t even know they have a problem. But we can give them an outside the box kind of solution that results in something that helps them and their families in ways they didn’t anticipate.
Here’s an example: A family we work with owned a retail site and, since the patriarch passed away, has been owned by a trust. The heirs need to sell it, but they also need to manage their taxes on an asset that’s been in the family for generations. We’ll help them transition this property through a 1031 Exchange and replace it with a fractional piece of a larger apartment building. They’ll go from being active investors into passive investors in an institutional quality building.
We have an array of solutions that we can tailor to solve people’s real problems. Say you own a piece of land that you want to keep but you lack development experience. We can do a joint venture and develop it for you.
Or maybe you own an apartment complex but you’re not happy with the management services. We can provide third party property management services to really make that community shine and maximize your returns.
We’ve helped another family that has a big concentration of property in one geographic area, so they need to diversify. No one in the next generation in the family is passionate about managing their real estate portfolio, so another goal is to provide flexibility for each member of the family to use their portion of the family wealth in ways that work for them.
Whatever the issue, we can concoct the perfect solution for you.
Disclosures
The article is for informational purposes only and not intended to be all-inclusive and may be changed at any time without notice or obligation to update. This article does not constitute tax, legal, or financial advice. Bonaventure does not provide tax, legal, or accounting services. Tax laws and regulations are subject to change, and individual circumstances vary. Investors should consult their own tax advisor, attorney, or qualified intermediary regarding their specific situation before pursuing any of the strategies discussed. Forward-looking statements may be influenced by a variety of factors, many of which are beyond the control of Bonaventure and could cause the actual outcomes to be materially different from what is projected. Past Performance is not indicative of future results.
Investments in the shares involves a high degree of risk that prospective investors should carefully consider before investing. The investment is for Accredited Investors who have the financial ability and willingness to accept the risks and lack of liquidity inherent in an investment in the shares. There can be no assurance that investment objectives will be achieved or that investors will receive a complete return of their capital. This material is not an offer to sell or a solicitation of an offer to buy any interest in any fund sponsored by Bonaventure or its affiliates. Any offering is made only pursuant to a confidential private placement memorandum (PPM) and related offering documents, which should be reviewed in full and which control in the event of any inconsistency with this material. Share interests are not registered under the Securities Act of 1933 or any state securities laws, and Bonaventure offerings are not registered under the Investment Company Act of 1940.