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OFFERING MEMORANDUM
RealtyPeer
by
Cherry Creek Plaza
Homewood, IL
A stabilized retail community center
Acquisition by North Park Property Management
This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should
not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide
summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation.
Cherry Creek Plaza
14-15% 
PROJECTED
IRR
over targeted 5-7 year
term.
8% 
PREFERRED
RETURN 
before any remaining
cash flow is split.
70% 
OF 
PROFITS
over 8% Preferred
Return
This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should
not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide
summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation.
Cherry Creek Plaza
This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should
not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide
summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation.
Cherry Creek Plaza
North Park Property Management, a growing firm based in Northbrook, Illinois is purchasing a 70,000 SF
neighborhood shopping center located in Homewood Illinois. The center is currently 93% occupied by tenants
such as Ace Hardware, Panera, Subway, Bank of America, Lorenz Appliances, and smaller boutiques. The
property is stable and provides attractive cash-on-cash returns of 9%-10% a year at the property level. The
value-add potential at the property level is to re-lease the spaces that are currently significantly under market,
which comprise about 30% of the total SF, to a market rate of $8-12PSF (NNN) over the investment period.
The Subject Property represents a $7.1M investment, of which $1.8M will be PeerRealty Equity, and the
remainder a senior fixed-rate loan. This equates to an acquisition basis of just over $100 PSF, while
replacement cost is estimated to be $200+PSF.
PeerRealty Investors receive an 8% preferred annual return for the life of the investment, and all remaining
cash flow is split 70% to Investors and 30% to the Sponsor. The targeted IRR is 15% and the targeted hold
periods is ±5-7 years.
Executive Summary
This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should
not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide
summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation.
Cherry Creek Plaza
Projected IRR: 14-15%
Offering Size: $1,800,000
Total Transaction Size: Total Capitalization $7.1M | $6.5M Purchase Price
Underlying Security: Equity with 8% preferred return (70% of profits over 8% return)
Property Type: Retail – Multi Tenant
Investment (Phase) Type: Stabilized with moderate Value Add Potential
Term Length: Targeted for ±5-7 Years
Minimum Investment: $5,000
Investment Financials
This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should
not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide
summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation.
Cherry Creek Plaza
North Park Property Management, the Sponsor and Managing Member of the Acquisition LLC, is led by
Brent Seiler. Brent has nearly 20 years of experience as a real estate investment and finance
professional. He has experiences ranging from acquisition, finance, asset and property management to
complex joint venture investments and developments.
Sponsor Summary
A recent North Park acquisition was 85-95 Revere Drive, a 35,000SF multi-tenant office property in
Northbrook Illinois. 85-95 Revere Drive was acquired mid-2013 with 84% occupancy and is currently
over 90% occupied, well performing and meeting to exceeding initial projections.
This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should
not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide
summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation.
Cherry Creek Plaza
Homewood-Flossmoor is a suburban area located only 22 miles from downtown Chicago. Homewood-
Flossmoor is home to excellent school systems with a top-rated high school and receives numerous awards
for excellence in its park districts and recreational facilities. The suburban geographic position is ideal, as it
provides easy commutability to Chicago and surrounding areas. The downtown area was rated one of the best
downtowns in the Chicago Metropolitan area by the Chicago Tribune due primarily to the quaint shopping and
restaurants available.
Market Summary
Homewood Population in 2010:
19,323
Chicago MSA Population:
9,729,825 at the 2010 census
This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should
not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide
summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation.
Cherry Creek Plaza
Frequently Asked Questions
This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should
not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide
summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation.
Cherry Creek Plaza
PeerRealty.com
FOR MORE INFORMATION, VISIT
or email us at
invest@PeerRealty.com

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Cherry Creek Plaza Webinar Presentation

  • 1. OFFERING MEMORANDUM RealtyPeer by Cherry Creek Plaza Homewood, IL A stabilized retail community center Acquisition by North Park Property Management
  • 2. This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation. Cherry Creek Plaza 14-15% PROJECTED IRR over targeted 5-7 year term. 8% PREFERRED RETURN before any remaining cash flow is split. 70% OF PROFITS over 8% Preferred Return
  • 3. This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation. Cherry Creek Plaza
  • 4. This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation. Cherry Creek Plaza North Park Property Management, a growing firm based in Northbrook, Illinois is purchasing a 70,000 SF neighborhood shopping center located in Homewood Illinois. The center is currently 93% occupied by tenants such as Ace Hardware, Panera, Subway, Bank of America, Lorenz Appliances, and smaller boutiques. The property is stable and provides attractive cash-on-cash returns of 9%-10% a year at the property level. The value-add potential at the property level is to re-lease the spaces that are currently significantly under market, which comprise about 30% of the total SF, to a market rate of $8-12PSF (NNN) over the investment period. The Subject Property represents a $7.1M investment, of which $1.8M will be PeerRealty Equity, and the remainder a senior fixed-rate loan. This equates to an acquisition basis of just over $100 PSF, while replacement cost is estimated to be $200+PSF. PeerRealty Investors receive an 8% preferred annual return for the life of the investment, and all remaining cash flow is split 70% to Investors and 30% to the Sponsor. The targeted IRR is 15% and the targeted hold periods is ±5-7 years. Executive Summary
  • 5. This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation. Cherry Creek Plaza Projected IRR: 14-15% Offering Size: $1,800,000 Total Transaction Size: Total Capitalization $7.1M | $6.5M Purchase Price Underlying Security: Equity with 8% preferred return (70% of profits over 8% return) Property Type: Retail – Multi Tenant Investment (Phase) Type: Stabilized with moderate Value Add Potential Term Length: Targeted for ±5-7 Years Minimum Investment: $5,000 Investment Financials
  • 6. This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation. Cherry Creek Plaza North Park Property Management, the Sponsor and Managing Member of the Acquisition LLC, is led by Brent Seiler. Brent has nearly 20 years of experience as a real estate investment and finance professional. He has experiences ranging from acquisition, finance, asset and property management to complex joint venture investments and developments. Sponsor Summary A recent North Park acquisition was 85-95 Revere Drive, a 35,000SF multi-tenant office property in Northbrook Illinois. 85-95 Revere Drive was acquired mid-2013 with 84% occupancy and is currently over 90% occupied, well performing and meeting to exceeding initial projections.
  • 7. This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation. Cherry Creek Plaza Homewood-Flossmoor is a suburban area located only 22 miles from downtown Chicago. Homewood- Flossmoor is home to excellent school systems with a top-rated high school and receives numerous awards for excellence in its park districts and recreational facilities. The suburban geographic position is ideal, as it provides easy commutability to Chicago and surrounding areas. The downtown area was rated one of the best downtowns in the Chicago Metropolitan area by the Chicago Tribune due primarily to the quaint shopping and restaurants available. Market Summary Homewood Population in 2010: 19,323 Chicago MSA Population: 9,729,825 at the 2010 census
  • 8. This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation. Cherry Creek Plaza Frequently Asked Questions
  • 9. This information is proprietary and strictly confidential, and is intended to be reviewed only by the party receiving it from Peer Realty, LLC. It should not be made available to any other person or entity without the written consent of Peer Realty, LLC. This presentation has been prepared to provide summary information to prospective investors, and the information contained herein is not a substitute for a thorough due diligence investigation. Cherry Creek Plaza PeerRealty.com FOR MORE INFORMATION, VISIT or email us at invest@PeerRealty.com