Waterview Seniors Residences Offering

Limited Partnership Offering

By Offering Memorandum

$5,380,000 raised | $9,000,000 Total to Raise

Minimum Investment: $25,000

  • Funds raised 59.8% 59.8%

Waterview Senior Residences Limited Partnership (the “LP”) is a limited partnership created to provide equity for the construction and lease up of Waterview Nelson Seniors’ Care Residence.

The LP is an investment in the development and rental of 125 Independent and Assisted Living units and 5 commercial units in Nelson British Columbia.

Reasons to Invest:

  1. $300 million in previously completed projects from the development team.
  2. Construction is over 50% complete (October 2024) with 100% of the sub-contracts issued and in place with construction slated to complete within 6 months.
  3. High demand for seniors care in the market, expected to keep increasing over the next 20 years.
  4. CMHC Financing in place for $25,851,064 construction and term financing term sheet finalized.
  5. GP has invested $3,500,000 in the equity partnership thus far.

See the brochure for more details (under “Documents Tab”)

Waterview Senior Residences Limited Partnership is a GP/LP agreement offering from Vendure Group.

This offering is now open to investors in Canada.

The Limited Partners are in a Preferred Position under the terms of the Offering.
Investors will receive a 15% simple, preferred, fixed return.

Target completion is  Q1 2026

Minimum investment is $25,000

The offering is TFSA and RRSP eligible.

If the appraised value of the development, after lease-up, is $40,000,000 then all investors will receive a bonus 2% return (on principle) with an additional 3% bonus (5% aggregate) if the appraisal is valued about $50,000,000.

 

  1.  Waterview Project Guide
  2. Waterview Offering Summary
    3. Offering Memorandum Available on Request
    4. Follow Construction Progress Updates on our Facebook Page

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