Baceline Announces Launch of High Yield Income Fund, LLC
Baceline Investments Announces Launch of High Yield Income Fund, LLC
Firm’s newest fund will focus on cash-flowing neighborhood retail centers in America’s Heartland
DENVER (Jan. 5, 2016) – Baceline Investments, LLC, a boutique private equity real estate investment and management company with retail holdings throughout the Central United States, announced today it has launched Baceline High Yield Income Fund, LLC, the firm’s first High Yield Income Fund. This fund is designed for investors seeking a high level of regular income with the prospect of capital gain.
The platform, targeted to attract $50-75 million in equity capital, will invest in neighborhood retail centers throughout the mid-section of the United States, taking advantage of low Midwestern prices to produce higher yields. The High Yield Income Fund is a hybrid of Baceline’s Debt Free Income Fund and Opportunistic Fund, and has a minimum investment of $1 million.
“In a low interest rate and income environment, the new fund offers a compelling higher income strategy for large investors,” said David Puchi, managing partner for Baceline Investments. “By purchasing multi-tenant, well-located retail properties in favorably priced markets in the middle of the United States, the High Yield Income Fund is employing a simple and time-tested real estate investment approach to producing income.”
Puchi notes that the High Yield Income Fund portfolio will seek out real estate opportunities that are primarily Internet- and recession-resistant, while maintaining the firm’s stance of utilizing a sustainable (“Green”) operating platform.
About Baceline Investments
Founded in 2003, Baceline Investments, LLC is a Denver-based privately held boutique real estate investment and management company that specializes in the acquisition, management, and sale of necessity-based shopping centers in select secondary markets across America’s Heartland. By avoiding high-priced and competitive commercial real estate markets on the coasts, Baceline’s Heartland focus provides untapped investment opportunity. This unique geographic focus allows investors to better diversify their investment portfolio. Learn more about Baceline Investments at www.bacelineinvestments.com or LinkedIn.