NBPC Student Housing Portfolio
*All property level performance is calculated for each property as of the last fiscal year end.
2NBPC Syndicated Student Housing Portfolio — formerly NBPRE
PAST DISPOSITIONS:
Property School Name & Division
Date of Initial Investment
Date of Sale
Total Return Net IRR
Chateau Sera - TIC 2343 Scarff St., Los Angeles CA 90007& Tropicana - TIC 1256 W 29th St., Los Angeles, CA 90007Value-add (2 property portfolio) 1
USC - Div I
March 2012July 2015
86.37% 22.59%
2017 DISPOSITIONS:
Property School Name & Division
Hold (years)
Total Return Net IRR
Chateau Sera 2343 Scarff St. Los Angeles CA 90007
USC - Div I
3.25 86.36% 22.59%
University Gardens - TIC 74 Elizabeth St #2 Salt Lake City, UT 84102Value-add Univ of Utah - Div I
3.80 77.66% 17.07%
Alpine Flats - TIC Value-add (formerly Aggie Flats and Continental)729 E 900 N Logan, UT 84321 Utah State Univ - Div I
4.31 70.23% 12.75%
COMPANY STRATEGYOur goal is to find tangible, brick-and-mortar properties with high occupancy and stable track records that potentially offer investors:
• Monthly income • Tax efficiency • Diversification
• Consistency • Appreciation
HOW IS THAT ACCOMPLISHED?Our strategy is to pursue income-producing student housing properties we believe to be well-positioned and in high demand in correlation with the historical stability of a university as an economic anchor. Our properties are available with a minimum cash investment of $50,000.
› Professionally managed, institutional quality properties – with monthly income potential
› Properties adjacent to major universities – with historically consistent increasing enrollment
› Properties that are selected based on factors we believe will aid in retaining value – irreplaceable locations one to two blocks from campus, barriers to entry, supply/demand imbalance
› Properties that have appealed to professional real estate investors – seeking replacement properties in 1031 exchange transactions
*All property level performance is calculated for each property as of the last fiscal year end.
3NBPC Syndicated Student Housing Portfolio — formerly NBPRE
Property Info School Name & Division
Acquisition Date
Units/ Beds PPM LTV Investor
EquityActual Cash-
on-Cash Performance Highlights
OREGONDuck Lofts - TIC1364 Patterson St Eugene, OR 97401
Univ. of Oregon - Div I
November 2010
14/ 48
37.76% $2,528,900 5.50%
Located less than one-half mile from the University of Oregon at 1364 Patterson Place, Eugene, Oregon, Duck Lofts is owned by various tenants in common, including Nelson Brothers Patterson Place, LLC, a Delaware limited liability company, that was formed by the Sponsor to acquire this property. Duck Lofts was acquired in November 2010 for a purchase price of $3,575,000. Duck Lofts is a 14 unit, 48 bed apartment complex comprised of two, three, four and five bedroom units.
Duck Flats - TIC945 Patterson St. Eugene, OR 97401
Univ. of Oregon - Div I
January 2012
8/ 40
61.49% $1,674,000 3.50%
Located less than one mile from the University of Oregon at 945 Patterson Street, Eugene, Oregon, Duck Flats is owned by various tenants in common, including Nelson Brothers Patterson Court, LLC, a Delaware limited liability company, that was formed by the Sponsor to acquire this property. Acquired in January 2012 for a purchase price of $2,957,500, Duck Flats is an 8 unit, 40 bed apartment complex comprised solely of five bedroom units.
CALIFORNIAChateau Sera - DST 2343 Scarff St. Los Angeles CA 90007Tropicana - DST 1256 W 29th St. Los Angeles, CA 90007
USC - Div I
July 2015
30/ 60
76.75% $4,294,000 6.25%
Located at 2343 Scarff Street, Los Angeles, California and Tropicana is a student housing property located at 1256 West 29th Street, Los Angeles, California approximately one mile and approximately one-half mile, respectively, from the University of Southern California. Chateau Sera and Tropicana are owned by Chateau Sera, DST, a Delaware statutory trust, that was formed by the Sponsor to acquire the two properties. Chateau Sera and Tropicana were acquired in July 2015 from affiliates of the Sponsor for a purchase price of $10,403,000. Each property consists of 30 units for a total of 60 beds.
The Element - DST 6730 4th Ave Sacramento, CA 95817
Sacramento State - Div I
October 2017
121/ 440
65.00% $38,575,350 6.0%
Located near Cal State Sacramento at 6730 4th Avenue, Sacramento, California, The Element is owned by NB Element, DST, a Delaware statutory trust, that was formed by the Sponsor to acquire this property. Acquired in October 2017 for a purchase Price of $81,885,000, The Element is a 288 unit, 792 bed apartment complex comprised of one, two, three and four bedroom units in 18 three-story apartment buildings.
*All property level performance is calculated for each property as of the last fiscal year end.
4NBPC Syndicated Student Housing Portfolio — formerly NBPRE
Property Info School Name & Division
Acquisition Date
Units/ Beds PPM LTV Investor
EquityActual Cash-
on-Cash Performance Highlights
WASHINGTONCampus Commons - TIC 1920 NE Terre View Dr Pullman, WA 99163
Washington State Univ. - Div I
May 2017
334/ 926
89.52% $8,000,000 -
Located three-quarters of a mile from Washington State University at 1920 NE Terre View Drive, Pullman, Washington. Campus Commons is owned by Nelson Brothers Meadow View, LLC, a Delaware limited liability, that was formed by the Sponsor to develop the Factory project located in Logan, Utah. Concurrently with its sale of the Factory, Nelson Brothers Meadow View, LLC acquired Campus Commons in a 1031 exchange transaction. Acquired in June 2017 for a purchase price of $51,000,000, Campus Commons totals 334 units and 926 beds comprised of one, two and four bedroom units.
IDAHOTuscany Place - DST440 S 2nd W Rexburg, ID 83440
BYU-Idaho - Div I
July 2015
48/ 284
69.57% $4,978,400 7.00%
Located less than one-quarter mile from Brigham Young University-Idaho at 440 S. 2nd West, Rexburg, Idaho, Tuscany Place is owned by NB Tuscany Place, DST, a Delaware statutory trust, that was formed by the Sponsor to acquire this property. Acquired in July 2015 for a purchase price of $10,350,000, Tuscany Place is a 48 unit, 284 bed apartment complex comprised of five and six bedroom units.
UTAH900 Factory - TIC870 N 600 E N Logan, UT 84321
Utah State Univ - Div I
June 2017
80/ 479
69.32% $21,615,494 -
Located less than one-quarter mile from Utah State University at 870 N 600 E, Logan, Utah, The Factory is owned by various tenants in common, including NB Factory Investor Units, LLC, a Delaware limited liability company, that was formed by the Sponsor to acquire this property. The Factory was developed and constructed by affiliates of the Sponsor. Acquired in June 2017 from affiliates of the Sponsor for a purchase price of $36,500,000, The Factory is an 80 unit, 479 bed apartment complex comprised of three, four, five and six bedroom units. In addition, an adjacent piece of property was acquired concurrently from an unrelated party for a purchase price of $1,287,500.
9&9 - TIC876 E 900 N St Provo, UT 84604
BYU - Div I
December 2013
28/ 111
67.23% $1,522,750 6.00%
9 & 9 Apartments is a student housing property located at 876 East 900 North, Provo, Utah across the street from Brigham Young University. 9 & 9 Apartments is owned by various tenants in common, including Nelson Brothers BYU Apartments, LLC, a Delaware limited liability company, that was formed by the Sponsor to acquire this property. Acquired in December 2013 for a purchase price of $3,296,000, 9 & 9 is a 28 unit, 111 bed apartment complex comprised of primarily shared two bedroom units.
Park Plaza - DST910 North 900 East Provo, UT 84604
BYU - Div I
May 2016
44/ 175
74.43% $3,267,847 7.00%
Located less than a quarter mile from Brigham Young University at 910 North 900 East, Provo, Utah, Park Plaza is owned by various tenants in common, including 900 Park Plaza, LLC, a Delaware limited liability company, that was formed by the Sponsor to acquire this property. Acquired in March 2016 for a purchase price of $7,004,000, Park Plaza is a 44 unit, 174 bed apartment complex comprised of one, two and three bedroom units.
*All property level performance is calculated for each property as of the last fiscal year end.
5NBPC Syndicated Student Housing Portfolio — formerly NBPRE
Property Info School Name & Division
Acquisition Date
Units/ Beds PPM LTV Investor
EquityActual Cash-
on-Cash Performance Highlights
Avalon Apts - DST333 S 1000 E St. George, UT Dixie State
University - Div II
September 2015
48/ 288
75.18% $3,642,944 7.25%
Avalon is located less than a quarter mile from Dixie State University at 333 S 1000 E., St. George, Utah. It is owned by NB Avalon, DST, a Delaware statutory trust, that was formed by the Sponsor to acquire this property.Acquired in September 2015 for a purchase price of $8,446,000, Avalon is a 48 unit, 252 bed apartment complex comprised of three bedroom units.
ARIZONAThe Commons at Sawmill - TIC901 S. O’Leary Flagstaff, AZ 86001
Northern Arizona Univ - Div I
June 2016
194/ 392
74.35% $15,862,474 7.00%
Located less than a quarter mile from Northern Arizona University at 901 S. O’Leary St, Flagstaff, Arizona, Commons at Sawmill is owned by various tenants in common, including NB Sawmill TIC 2, LLC, a Delaware limited liability company, that was formed by the Sponsor to acquire this property. Acquired in July 2016 for a purchase price of $37,080,000, Sawmill is a 194 unit, 392 bed apartment complex comprised of studio, two and three bedroom units.
COLORADOThe Plaza - DST955 Broadway / 1715 Aurora Boulder, CO 80301 Univ of Colorado
Boulder - Div I
March 2015
39/ 152
76.30% $8,530,000 7.00%
Located at 955 Broadway Street, Boulder, Colorado across the street from University of Colorado campus, Plaza on Broadway is owned by NB The Plaza, DST, a Delaware statutory trust, that was formed by the Sponsor to acquire this property. Acquired in May 2015 for a purchase price of $24,771,500, Plaza on Broadway is a 39 unit, 152 bed apartment complex comprised of two, three and four bedroom units.
MISSISSIPPIMolly Barr Trails - DST 1011 Molly Barr Road Oxford, MS 38655& Molly Barr Ridge - DST 1021 Molly Barr Road Oxford, MS 38655
Univ Of Mississippi - Div I
September 2016
125/ 303
65.00% $11,299,699 6.75%
Both properties are located approximately one and one-half miles from the University of Mississippi (Ole Miss) at 1021 and 1011 Molly Barr Road, Oxford, Mississippi. They are owned by NB Molly Barr, DST, a Delaware statutory trust, that was formed by the Sponsor to acquire the two properties in September 2016. Molly Barr Trails was acquired for a purchase price of $10,453,276 and Molly Barr Ridge was acquired for a purchase price of $11,820,475. Molly Barr Trails is a 72 unit, 144 bed Appendix B-3 apartment complex comprised of two-bedroom units and Molly Barr Ridge is a 53 unit, 169 bed apartment complex comprising of three-bedroom units.
*All property level performance is calculated for each property as of the last fiscal year end.
6NBPC Syndicated Student Housing Portfolio — formerly NBPRE
Property Info School Name & Division
Acquisition Date
Units/ Beds PPM LTV Investor
EquityActual Cash-
on-Cash Performance Highlights
INDIANADarby Row - DST 624 N Notre Dame Ave. Southbend, IN 46617& The Belfry - DST 624 N Notre Dame Ave. Southbend, IN 46617 Notre Dame - Div I
February 2014
23/ 71
74.90% $2,076,000 7.75%
Both properties are located less than one half mile from Notre Dame University at 758 North Notre Dame Avenue, South Bend, Indiana and 624 North Notre Dame Avenue, South Bend, Indiana. They are owned by Appendix B-2 NB Darby Row, DST, a Delaware statutory trust, that was formed by the Sponsor to acquire the two properties. Acquired in February 2014 for a purchase price of $6,126,000, Darby Row and The Belfry total 23 units and 71 beds comprised of one, two and four bedroom units.
Grant Street Station - DST 320 S. Grant St, West Lafayette, IN 47906& South Street Station - DST 46 N Salisbury St, West Lafayette, IN 47906
Purdue University - Div I
January 2017
176/ 364
66.00% $19,208,883 6.65%
Both properties are located less than one-quarter mile from Purdue University at 320 S. Grant Street and 46 N. Salisbury Street, West Lafayette Indiana. They are owned by NB Grant Street, DST, a Delaware statutory trust, that was formed by the Sponsor to acquire the two properties. Acquired in January 2017 for a purchase price of $30,907,493.25 and $9,535,006.75, respectively, Grant Street Station and South Street Station are comprised of one, two, three and four bedroom units. As of September 15, 2017, Grant Street Station and South Street Station were 100% leased.
OHIO
OFFERED ON AN ALL CASH BASIS
1 9 5 E A S T M C M I L L A N S T . C I N C I N N A T I , O H 4 5 2 1 9
1 2 1 U N I T S – 4 4 0 B E D S | U N I V E R S I T Y O F C I N C I N N A T I
CP Cincy - DST 195 East McMillan St. Cincinnati, OH 45219
University of Cincinnati
December 2017
121/ 440
64.97% $13,253,255 6.25%
Located less than one mile from the University of Cincinnati at 195 E. McMillan Street, Cincinnati, Ohio, CP Cincy is owned by NB CP Cincy, DST, a Delaware statutory trust that was formed by the Sponsor to acquire the property. CP Cincy was acquired in December 2017 for a purchase price of $26,780,000. CP Cincy is a 121-unit, 440 bed apartment community comprised of two, three and four-bedroom units.
NEW YORKEden Heights of West Seneca (Assisted Living)3030 Clinton Street West Seneca, NY 14224
-April 2009
89/ 120
77.83% $7,795,000 8.30%
Eden Heights of West Seneca is a single-story 104-bed, assisted-living facility built in 1996 in West Seneca, N.Y. The property was structured as a Tenant-in-Common (TIC) transaction that officially closed on April 15, 2009 and acquired by Nelson Brothers Professional Real Estate in 2009. The property, Eden Heights of West Seneca, is the sister property to Eden Heights of Eden, N.Y., which was the first joint venture between Nelson Brothers and Premier Senior Living, and closed in February. West Seneca was purchased for $17,470,000, with $7,795,000 in equity and a loan of $9,675,000. The property was master leased to Premier Senior Living.
TOTAL 21 properties 1402/4588
U.S. COLLEGE ENROLLMENT
POPULATION GROWTH 24
22
20
18
16
14Popu
latio
n (in
mill
ions
)
1990 2000 2010 2020 2030
· College enrollment over the past few decades shows almost no correlation to the economy.
· Student enrollment expected to growth 13% over the next 10 years
Source: National Center for Education Statistics
PROPERTY LOCATIONS
*All property level performance is calculated for each property as of the last fiscal year end.
7NBPC Syndicated Student Housing Portfolio — formerly NBPRE
● West/MountainOregon University (Eugene, OR)
►Duck Flats ►Duck Lofts
USC (Los Angeles, CA) ►Tropicana Apartments ►Chateau Sera
Sacramento State University (Sacramento, CA) ►The Element (new)**
Washington State University (Pullman, WA) ►Campus Commons
University of Idaho – BYU (Rexburg, ID) ►Tuscany Place
Utah State University (Logan, UT) ►Factory
Brigham Young University (Provo, UT) ►9&9 ►Park Plaza
Dixie State University (St. George, UT) ►Avalon Apartments
Northern Arizona University (Flagstaff, AZ) ►The Commons at Sawmill
University of Colorado, Boulder (Boulder, CO) ►The Plaza on Broadway
● SouthUniversity of Mississippi (Oxford, MS)
►MollyBarr Trails ►MollyBarr Ridge
● Mid WestUnviversity of Chicago (Chicago, IL) (23+ colleges in the vicinity)
► The Buckingham
Notre Dame University (South Bend, IN) ►Darby Row ► The Belfry
Purdue University (West Lafayette, IN) ►Grant Street Station ►South Street Station
University of Cincinnatt (Cincinnati, OH) ►Grant Street Station
● North EastWest Virginia University (Morgantown WV)
► The Ridge
Assisted Living (West Seneca, NY) ►West Seneca
The contents of this communication: (i) do not constitute an offer of securities or a solicitation or an offer to buy securities, (ii) offers can be made only by the confidential Private Placement Memorandum (the “PPM”) which is available upon request, (iii) do not and cannot replace the PPM and is qualified in its entirety by the PPM, and (iv) may not be relied upon in making an investment decision related to any investment offering by the issuing company, or any affiliate, or partner thereof (“NB Private Capital”). All potential investors must read the PPM and no person may invest without acknowledging receipt and complete review of the PPM. This respect to “targeted” goals and performance level outlined herein, these do not constitute a promise of performance, nor is there any assurance that the investment objectives of any program will be attained. These “Targeted” factors are based upon the reasonable assumptions more fully outlined in the Offering Documents/PPM. Consult the PPM for investment conditions, risk factors, minimum requirements, fees and expenses and other pertinent information with respect to any investment. These investment opportunities have not been registered under the Securities Act of 1933 and are being offered pursuant to an exemption therefrom and from applicable state securities laws. Past performance and statements regarding current occupancy and earnings are no guarantee of future results. All information is subject to change. You should always consult a tax professional prior to investing. Investment offerings and investment decisions may only be made on the basis of a confidential private placement memorandum issued by NB Private Capital, or one of its partners/issuers. NB Private Capital does not warrant the accuracy or completeness of the information contained herein. Thank you for your cooperation.Securities offered through Emerson Equity LLC Member: FINRA/SIPC. Only available in states where Emerson Equity LLC is registered. Emerson Equity LLC is not affiliated with NB Private Capital or UBS. NBPC Track Record BD | 11-20-18
“We focus on what’s important to you.”
» MANAGES $600M in real estate assets
» DST COLLECTIVE OCCUPANCY +98% for 2018-19 school year
» REDSTONE IS THE PRIMARY PROPERTY MANAGER on our existing portfolio — Redstone’s track record includes 25,500 beds under management nationwide with a 99.3% current occupancy.
» 18 FULL TIME EXPERIENCED EMPLOYEES of which several were previously with NBPRE
» HEADQUARTERED in Aliso Viejo, CA
OUR TEAM
130 Vantis Suite 160 Aliso Viejo, CA 92656
(877) 827-NBPC (6272)
www.nbprivatecapital.com
BRIAN NELSON (Principal)
Mr. Nelson has extensive real estate experience and been directly involved in acquiring real estate projects valued at over $1 billion. Additionally, he has a proven track record of identifying and syndicating properties that historically have proved a distinct competitive advantage of maintaining value from business and macro-economic cycles. Mr. Nelson worked as a product marketing manager for VERITAS and Symantec Software (NASDAQ:SYMC) where he specialized in marketing strategy, business development and product positioning. He has a B.A. from UTU, an MBA from BYU and holds a series 7 and 63 registrations.
RACHEL JACKSON VP Asset Manager of Investments
DAN TAYLES Controller
RENE DOYLE Finance Manager
ALI NELSON VP of Investor Relations
DUSTIN EYRE VP of Finance
BETH BARBER Closing Coordinator
BLAKE WETTENGEL Chief Executive Officer
TANYA MURO Chief of Operations
PAUL PERKINS Chief Investment Officer
JASON KJELLSON VP of Sales
JANET COOK VP of Marketing
DUSTIN HATFIELD VP of Property Investments
KATHERINE HERRON Manager of Investor Relations
AVERY GOMEZ Office Manager and Investor Relations