Bond Offering

REICI is disrupting the way “Private Equity” real estate funds can borrow money to leverage new acquisitions. With this Debt / Bond Digital Security [Token] Offering (STO) , REICI can deliver a 7.0% coupon rate with a pay rate of 5.5% interest with a total yield of 8.12% providing stable income to global investors, paid quarterly in $U.S. Dollars and non-U.S. investors will be exempt from the 30% U.S. withholding tax requirements.

The Benefits of Our Bond Token Offering (STO)

The REICI Bond Token (STO) will provide the Debt financing for portfolio acquisitions and adhere to the following underwriting requirements. Adherence to Underwriting standards is essential to establishing confidence with bond investors.

REICI will maintain an average Loan to Value Ratio (LTV) of 65%. Where the “value” is the acquisition price. An LTV ratio is calculated by dividing the amount borrowed by the lesser of the appraised value or purchase price of the property, expressed as a percentage. The balance of the capital required for acquisitions will be from Equity Investors. For commercial real estate the financial institutional standard is 75% or less.

REICI Bond Token will maintain an average Debt Service Coverage ratio (DSCR) of 1.25x. The DSCR is a measurement of the cash flow available to pay current debt obligations. The ratio states net operating income as a multiple of debt obligations due within one year, including interest and principal. For commercial real estate the financial institutional minimum standard is between 1.15x and 1.5x

REICI will obtain an appraisal from a nationally recognized appraisal firm (i.e. CBRE) prior to closing on any acquisition and will not pay a price above the appraised value.

No U.S. commercial real estate fund has ever offered an International Bond like this before.

REICI Bond Token Offering (STO) Details

Fund Name: REI Capital Income LLC

Total Raise: $75,000,000

Soft Cap: $0

Raise Status: Estimate SEC certification – mid 2023

Minimum Investment: $500 US

Security Type: Debt / with 7.0% coupon & 5.5% Pay Rate

Exemptions: Reg A+ Tier 2

Registration Country: USA

Accepted Currencies: USD, $USDC

Accepted Investors: Non-Accredited US and Global Eligible Investors

Minimum Required Holding Period: none

Token Name: REICI

Token Symbol: REICI-D

Token Price: $100.00 US

Blockchain Platform: Tezos

Protocol: FA2

Issuance Platform: Vertalo

Restrictions: KYC / AML

Escrow Custodian: TBD