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Real Estate. Real Simple.tmHistorical and projected performance are not guarantees of future returns, particularly when re...
   Marmot Companies are a diversified family of real estate companies    uniquely active in     Multi-Family and Mixed-U...
We enrich lives through creative and responsible real estate. Marmot Companies creates  and optimizes our clients’ real p...
Bryan Raydon (left)Bryan Raydon brings over 15 years of real estatedevelopment, investment, management, consulting, and an...
Gary Raydon (center)Gary Raydon has over 13 years of experience in commercial realestate, including work in acquisitions, ...
Eric Raydon (right)Over 15 years of experience in real estatedevelopment, management, strategy, and finance.Eric received ...
   Greater Reno/Tahoe is truly “Far From Expected”      Strategically located city within the San Francisco Mega-Urban R...
   Per CBRE, December 2011, the years 2010 - 2020 are “The Rental Decade.”
Per CBRE Q4 2011 Reno Multi-Housing Viewpoint:• Two consecutive quarters reflect a decrease in vacancy and an increase in ...
•   Reno/Tahoe’s MSA population is 616,070, expected to grow to 657,629 by 2023.•   Two universities and colleges, three c...
• Reno/Tahoe is host to 44 Fortune 100 Companies• Largest private non-gaming employers:    Renown Health 2,000 - 2,499   ...
Click on map                                                                                             to launch        ...
   REOF I     Offer commenced December 2009.     Successful investment in 13 properties in the core downtown Reno      ...
•   Old Southwest neighborhood, redevelopment overlay•   Triplex, two houses on one lot•   $20,000 net operating income•  ...
•   Old Southwest neighborhood, redevelopment overlay•   Fiveplex, single family in front, fourplex in back, one lot•   $2...
•   Wells Avenue Bungalow District, redevelopment overlay•   Duplex, two houses on one lot•   $11,000 net operating income...
 Acquire income producing, cash flow positive multi-family and mixed-use  residential properties with value-add and redev...
•   Old Southwest neighborhood, redevelopment overlay•   Single family residence•   $7,000 net operating income•   6.7% CA...
• Old Southwest neighborhood, redevelopment overlay• Duplex, assemblage with neighboring REOF I property, allows for  at l...
•   Wells Avenue Bungalow District, redevelopment overlay•   Fourplex•   $21,000 net operating income•   17% CAP
VATION            TM                                                                       Why here?Reno/Tahoe is one of t...
Eric Raydon(775) 391-6118 | eraydon@marmotinvestments.comGary Raydon(775) 525-0550 | graydon@marmotinvestments.comBryan Ra...
Marmot companies final_032512
Marmot companies final_032512
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Marmot companies final_032512

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RENOvation Presentation, 3/25/2012

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Marmot companies final_032512

  1. 1. Real Estate. Real Simple.tmHistorical and projected performance are not guarantees of future returns, particularly when reviewing short-termperformance. Property prices, rents, occupancy, expenses, yields, internal rate of return, and return on investment willfluctuate, and you may have a gain or loss when you sell your investment. Since-inception returns for less than one year andyear-to-date returns are annualized. The Offering Memorandum describes Marmot REOF II, including investmentrisks, objectives and strategies, projected performance, and management. To download a prospectus, please contactMarmot to qualify for a username and password, and then visit http://marmotinvestments.com/Development-login.asp andlog in. Investment objectives, risks, charges, expenses, and other important information about REOF II are contained in theMemorandum; read and consider it carefully before investing.
  2. 2.  Marmot Companies are a diversified family of real estate companies uniquely active in  Multi-Family and Mixed-Use Property Investment, Rehabilitation, and Redevelopment,  Resort Property Work-Outs, Development, and Consulting,  Single- and Multi-Family Residential Sales,  Design, Staging, Remodeling and  Luxury Vacation Rentals, Estate and Asset Management. Headquartered at Lake Tahoe, Nevada, Marmot is strategically focused on the capital and population-dense region that reaches from Greater Reno/Tahoe to Sacramento.
  3. 3. We enrich lives through creative and responsible real estate. Marmot Companies creates and optimizes our clients’ real propertyvalue through our high-touch, personalized service and ourdeep, decades-long understanding of all critical aspects of the realestate value chain.
  4. 4. Bryan Raydon (left)Bryan Raydon brings over 15 years of real estatedevelopment, investment, management, consulting, and analysesexperience to the team.Bryan earned an MBA in Real Estate Finance from Southern MethodistUniversity, and a Bachelors in Business Administration/Real EstateFinance at the University of Southern California.Bryan has extensive real estatedevelopment, acquisitions, consulting, and financial experience, with anemphasis on investment and resort real estate.
  5. 5. Gary Raydon (center)Gary Raydon has over 13 years of experience in commercial realestate, including work in acquisitions, development, consulting andfinancing.He received an undergraduate business degree from the University ofSouthern California, focusing primarily on entrepreneurial venturemanagement and financing, and earned his MBA from SouthernMethodist University in Dallas with an emphasis on finance and realestate.Gary has acquired over $1 Billion in income producing assets on behalfof investors, directed the development and re-development of multi-familyhousing projects, and structured real estate investment syndications.
  6. 6. Eric Raydon (right)Over 15 years of experience in real estatedevelopment, management, strategy, and finance.Eric received his MBA in Finance and E-Business from Purdue Universityand his Bachelors in Management and Real Property Development fromthe University of Southern California.Eric’s real estate career is focused on development and investments, andEric has strong experience in residential and mixed-use, resort, commercial, and industrial real estate.
  7. 7.  Greater Reno/Tahoe is truly “Far From Expected”  Strategically located city within the San Francisco Mega-Urban Region (San Francisco, Sacramento, Reno/Tahoe)  West Coast hub for advanced logistics and manufacturing, mining, renewable energy, tourism, health care, corporate treasury, and government  33 miles to beautiful Lake Tahoe  Outdoor activity center for west coast (four seasons)  Growing population, currently 616,070  Real estate market bottomed, but stabilizing  Between 2007 and 2010, the median home value in Reno- Sparks, Nevada declined 37.4%, the 13th biggest drop in the country among metro areas.
  8. 8.  Per CBRE, December 2011, the years 2010 - 2020 are “The Rental Decade.”
  9. 9. Per CBRE Q4 2011 Reno Multi-Housing Viewpoint:• Two consecutive quarters reflect a decrease in vacancy and an increase in rent rate.• Nevada Department of Employment Training and Rehabilitation, pegs Washoe County’s year end unemployment rate at 11.9%, down from 14.1% last year. Moody’s Analytics reports that construction payrolls remain higher than they were a year ago.• Apartment occupancy and rents declined slightly in Q4 due to seasonality. Prior to Q4, vacancy decreased 8 of 9 previous quarters. Rental rate declined quarter over quarter, but increased for 2 consecutive prior quarters. The last 2 consecutive quarters reflected a decrease in vacancy coupled with an increase in rents, signifying a solidified bottom in apartment fundamentals.• The last 2 consecutive quarters reflected a decrease in vacancy coupled with an increase in rents, signifying a solidified bottom in apartment fundamentals.
  10. 10. • Reno/Tahoe’s MSA population is 616,070, expected to grow to 657,629 by 2023.• Two universities and colleges, three community colleges, three career colleges, and one research center, including the highly ranked University of Nevada, Reno:  17,679 students and 941 faculty  >50 undergraduate degrees and more than 50 masters programs, including: Biotechnology; Natural Resources; Business; Education; Engineering; Medicine; and the Division of Health Sciences.  Nevada’s largest research portfolio  New medical school  New teaching and research facilities and the Mathewson-IGT Knowledge Center, one of the most technologically advanced libraries in the country• Five major hospitals:  Carson Tahoe Regional Healthcare  Northern Nevada Medical Center  Renown Health  Saint Mary’s Regional Medical Center  Veteran’s Administration Sierra Nevada Health Care System
  11. 11. • Reno/Tahoe is host to 44 Fortune 100 Companies• Largest private non-gaming employers:  Renown Health 2,000 - 2,499  International Game Technology 2,000 - 2,499  St. Mary’s Regional Medical Center 1,500 - 1,999  United Parcel Service 1,000 - 1,499• Largest industry sectors:  Wholesale Trade, Transportation, & Utilities 22.7%  Leisure and Hospitality 17.5%  Government 15.4%  Professional and Business Services 12.6%
  12. 12. Click on map to launch Google site.Portfolio currently includes 12 properties containing 32 dwelling units, representing a total investment of $3Million, including $500K in cash ready to deploy; 3 properties were recently harvested and outperformed REOFtarget returns, and 2 properties were recently acquired and are in escrow.
  13. 13.  REOF I  Offer commenced December 2009.  Successful investment in 13 properties in the core downtown Reno neighborhoods of Midtown, West of Wells, West University, Old Southwest, and Wells Avenue Bungalow District.  Outperforming the broader rental market with 100% occupancy, higher rents, and larger tenant share of utilities. Examples include: ▪ 135/7 Caliente, located in Old Southwest ▪ 221 West Pueblo, located in Old Southwest ▪ 308 Vassar, located in Wells Avenue Bungalow District Totaling $2.4M To Date “From Junkies to Hipsters in 90 Days”
  14. 14. • Old Southwest neighborhood, redevelopment overlay• Triplex, two houses on one lot• $20,000 net operating income• 9.9% CAP
  15. 15. • Old Southwest neighborhood, redevelopment overlay• Fiveplex, single family in front, fourplex in back, one lot• $25,000 net operating income• 8.9% CAP
  16. 16. • Wells Avenue Bungalow District, redevelopment overlay• Duplex, two houses on one lot• $11,000 net operating income• 8.5% CAP
  17. 17.  Acquire income producing, cash flow positive multi-family and mixed-use residential properties with value-add and redevelopment upside potential, in under-valued markets with strong permanent economies and healthy geographic and demographic fundamentals. Value investing and opportunistic approach that seizes upon the current dislocation in the residential and mixed-use property and capital markets to deliver high returns to our investors. Achieve robust IRR and ROI via rental income, active hands-on management, smart leverage, opportunistic dispositions, and redevelopment. Invest in the greater Reno/Tahoe and Sacramento region, with a special emphasis on the dense urban infill redevelopment cores of Reno and Carson City, Nevada. Fund Size: $5,000,000. Investment Unit Size: $25,000. Minimum Investment Unit Quantity: 4.
  18. 18. • Old Southwest neighborhood, redevelopment overlay• Single family residence• $7,000 net operating income• 6.7% CAP• SOLD February 2012
  19. 19. • Old Southwest neighborhood, redevelopment overlay• Duplex, assemblage with neighboring REOF I property, allows for at least 10 additional units with minimum density of 15 units per acre• $8,000 net operating income• 6.5% CAP (assemblage)
  20. 20. • Wells Avenue Bungalow District, redevelopment overlay• Fourplex• $21,000 net operating income• 17% CAP
  21. 21. VATION TM Why here?Reno/Tahoe is one of the only locations in the Far West with thecritical combinations of low taxes, permanent economic drivers, pro-business local and state leadership, proximity to the booming BayArea AND rational prices on residential income properties.We believe that we are witnessing a perfect storm in an overlookedmarket where rents are stable to rising yet prices on residentialinvestment properties have flat lined.One has to believe that this opportunity cannot last forever. Why now?
  22. 22. Eric Raydon(775) 391-6118 | eraydon@marmotinvestments.comGary Raydon(775) 525-0550 | graydon@marmotinvestments.comBryan Raydon(530) 448-6530 | braydon@marmotinvestments.com Real Estate. Real Simple.tm

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