Brittingham Properties LLC
By Appointment Only
Williamsburg, VA 23188
United States
ph: 1-800-783-5230
fax: 1-800-783-5230
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An investment in securities of Brittingham Properties programs is subject to significant risks that are described in more detail in the "Risk Factors" and "Conflicts of Interest" sections of the applicable prospectus. Investments in Brittingham Properties programs are for 'Accredited Investors' only and therefore are not suitable for all investors.
Use of this website is subject to your agreement with, and adherence to, our Website Terms & Conditions.
Refer to the applicable prospectus for a detailed discussion of risks and suitability standards for your state. An investment in investment programs sponsored by Brittingham Properties involves significant risks, including the following:
There is no public trading market for securities of these investment programs, and there is no program that can assure you that one will ever develop. Until such securities are publicly traded, investors will have difficulty selling their securities, and even if investors are able to sell their securities, they will likely have to sell them at a substantial discount.
These investment programs are generally “blind pool” offerings because the investment programs have generally not identified any assets to acquire and investors will not have the opportunity to evaluate an investment program's investments prior to its making them. Investors must rely totally upon the investment program's advisor’s or general partner’s ability to select the investment program's investments.
The number of properties that an investment program will acquire and the diversification of its investments will be reduced to the extent that it sells less than all of the securities it offers. If the investment program does not sell substantially more than its minimum offering, it may buy only one property or very few properties, and the value of an investment in this program may fluctuate more widely with the performance of the specific investment or investments. There is a greater risk that investors will lose money in their investment if the investment program cannot diversify its portfolio of investments by geographic location and property type.
The investment program's ability to achieve its investment objectives and to pay dividends depends on the performance of its advisor or general partner for the day-to-day management of the investment program's business and the selection of its real estate properties, mortgage loans, and other investments.
After evaluation of each investment program, a new entity is established to be its investment advisor or general partner. As such, the investment program's advisor or general partner does not have any prior experience sponsoring a public real estate investment trust. In addition, not all of the investment program’s officers or directors, nor the officers and directors of its advisor or general partner, have extensive experience with each type of investment that an investment program is authorized to make.
Each investment program will pay significant fees to its advisor or general partner and their respective affiliates, some of which are payable based upon factors other than the quality of services provided to the investment program.
The investment program's advisor or general partner will face various conflicts of interest resulting from its activities with affiliated entities, such as conflicts related to allocating the purchase and leasing of properties between the various Brittingham Properties investment programs, conflicts related to any joint ventures between the various investment programs and conflicts arising from time demands placed on the investment program's sponsor in serving other Brittingham Properties programs.
These investment programs may incur substantial debt. Loans obtained by an investment program will be secured by some of its properties, which will put those properties at risk of forfeiture if the investment program is unable to pay its debts and could hinder the investment program's ability to pay dividends to its stockholders in the event income on such properties, or their value, falls.
Until the proceeds from this offering are invested and generating cash flow from operating activities, some or all of our distributions will be paid from other sources, which may be deemed a return of capital, such as from the proceeds of this offering, cash advances by our advisor, cash resulting from a waiver of asset management fees, proceeds from the sales of assets, and borrowings in anticipation of future cash flow from operating activities.
Investors will not have preemptive rights as an equity holder, so any shares issued by the investment program in the future may dilute an investor’s interest in the investment program.
The REIT’s share redemption program can be amended or terminated at any time at the sole discretion of the REIT and the REIT will not redeem, during any 12-month period, more than 5 percent of the weighted average number of shares outstanding during the 12-month period immediately prior to the date of redemption.
These investment programs may invest some or all of their offering proceeds to acquire vacant land on which a building will be constructed in the future.
This type of investment involves risks relating to the builder's ability to control construction costs, failure to perform, or failure to build in conformity with plan specifications and timetables.
The investment program will be subject to potential cost overruns and time delays for properties under construction. Increased costs of newly constructed properties may reduce its returns to investors, while construction delays may delay its ability to distribute cash to investors.
The vote of owners owning at least a majority of the investment program's shares will bind all of the owners as to certain matters such as the election of directors and an amendment of the investment program's charter or partnership agreement.
Each of the investment program's executive officers or general partners also serves as an officer of the investment program's advisor or general partner, its property manager, its dealer manager, and other affiliated entities, and as a result they will face conflicts of interest relating from their duties to these other entities.
Until the proceeds from this offering are invested and generating cash flow from operating activities, some or all of our distributions will be paid from other sources, which may be deemed a return of capital, such as from the proceeds of this offering, cash advances by our advisor, cash resulting from a waiver of asset management fees, proceeds from the sales of assets, and borrowings in anticipation of future cash flow from operating activities.
Brittingham Properties real estate professionals have relatively less experience with respect to international investments as compared to domestic investments, which could adversely affect our return on international investments.
A copy of the prospectus will be made available to you by clicking here.
Brittingham Properties LLC. brings to investors and the professionals who advise them a range of strategic investment opportunities. Through our family of real estate investment programs, the wealth-building power of commercial real estate—once the province of institutions and the wealthiest individuals—has become more accessible to individual investors.
We are building a team of seasoned commercial real estate and securities professionals who are experienced at structuring a range of investment programs. Our acquisition focus is on properties located in a dynamic, geographically diverse market.
By using and viewing this website, you agree to the terms and conditions and disclaimer of liability as set out hereunder.
Notice: Securities of investment programs sponsored by Brittingham Properties, LLC and its subsidiaries are offered by authorized brokers (Member FINRA / SIPC.), or Brittingham Properties Management LP, an affiliated entity as dealer manager. There are significant risks associated with investment in real estate securities, including but not restricted to, specific risks associated with international investing, as well as with investing in specific types of real estate, such as office, multifamily, mixed-use, industrial, hospitality, land, and retail. For a discussion of these risks and investor suitability standards, accredited investors should please see this Web Site’s disclaimer, Privacy Policy, Terms & Conditions and the applicable prospectus. This Web Site is neither an offer to sell nor the solicitation of an offer to buy any security, which can be made only by the applicable prospectus. For those 'accredited investors' considering an investment in the Investment Program, the Web Site must be read in conjunction with the applicable prospectus in order to fully understand all the implications and risks of the respective offering of the securities to which it relates.
NEITHER THE ATTORNEY GENERAL OF THE STATE OF NEW YORK NOR ANY OTHER STATE HAS PASSED ON OR ENDORSED THE MERITS OF ANY OFFERING OF BRITTINGHAM PROPERTIES LLC PPM OR REIT SECURITIES. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
Copyright 2011 Brittingham Properties LLC. All rights reserved.
Brittingham Properties LLC
By Appointment Only
Williamsburg, VA 23188
United States
ph: 1-800-783-5230
fax: 1-800-783-5230
admin