Mr. Frink has extension knowledge of the Puerto Rican market with over ten years of residency and interaction with the people and culture. We are seeking funding at an undisclosed amount based on objectives.
Our fund plans to hedge (10%-15% of the Fund's Portfolio) Puerto Rican real estate with the U.S housing and U.S commercial real estate through REITs and various other forms of derivatives based on the U.S real estate market.
Investment Properties (Fix and Flip)
Our goal is to allocate 15%-20% of the funds portfolio for investment properties 30% to 60% below market value. We have a team of contractors on-site on the island.
Private Equity Ventures
This 15%-20% arm of the firm is structured to acquire existing businesses and corporations of caliber on the island through private equity. Our goal is to restructure our acquisitions for resell on-going income addition to returns.
Luxury High-End Real Estate
Our property acquisition will consist of 40% to 45% of the fund's portfolio for high end luxury real estate in key areas of growing equity.
The Puerto Rico Incentives Code (Act 60) offers the following main tax benefits: 4% fixed income tax rate on eligible income 100% tax exemption on capital gains 75% exemption on property tax.
Transparency and Accountability
Under Puerto Rico Incentives code, the private equity arm of the Fund's portfolio will be suitable for on-site staffing for the management of the fund's activity and charitable events.