Performance History
Baceline's performance record is built upon the experience of our team. Our partners, which have more than 100 years of collective experience, have participated in the completion of several hundred real estate transactions over the past 25 years.
The projects below were all executed by members of the Baceline team, in growing cities across the Rocky Mountain, Southwestern and Midwestern regions in the United States.
Baceline Investments and it affiliates currently hold more than $100 million in properties, in two real estate investment funds and additional investment syndications.
No Debt Real Estate Investment Fund I
The No Debt Real Estate Investment Fund I commenced operations in September 2003 and closed to new investment in October 2004. Since inception, Fund I has never missed a quarterly cash distribution to its investors.
No Debt Real Estate Investment Fund II
The No Debt Real Estate Investment Fund II began operations in May 2005 and closed to new investment in January 2007. Since inception, Fund II has never missed a quarterly cash distribution to its investors.
Additional Investments
In 1997, the Sponsor's predecessor and affiliate, Highline, began its focus on cultivating real estate investment opportunities. Previously, Highline conducted third party property management services. With the addition of Mr. Zoellner and our Local Partners, Highline and Baceline have engaged in several single asset real estate investments. The ownership plan for these properties is to focus on a total return upon the sale of the properties using leverage and not to produce current income. (See Current Holdings for a complete list of Baceline's current, single asset holdings.)
The following chart reflects the track record of the Sponsor's predecessor and affiliated Highline Entities, as well as the Sponsor in the sale of investment real estate. These properties were industrial or retail properties and the investment plan included increasing value through adding income to each of the properties. Income was added in each case by increasing the amount of tenants and their lease rates. The investment plan, in some cases also involved the renovation of the property.
