Investment Opportunities

Starting in 1976 with its first syndication, Pyramid has successfully developed and invested in office, retail, residential, mixed-use, marina and hotel properties in Connecticut and New York. Throughout the investment life cycle, Pyramid has a proven record of providing stable returns to its investors or partners.

Provide your email to receive information on upcoming investment opportunities.

Target Properties - Pyramid seeks investment opportunities with the following characteristics:

Syndication & Partnership

Syndication is only one of the many investment/partnership choices available to an investor. But it is one of the best ways to own a share of a property, enjoy the dynamic benefits and not be involved with the day to day management.

Frequently Asked Questions

Question #1: What is a typical syndication structure that Pyramid will use in organizing a partnership?

Answer:

1. Pyramid will identify investment opportunities and secure bank financing, typically 75% of the purchase price.

2. A group of individual investors, a business entity or pension fund contributes the other 25% of equity. Every equity investor receives a pro-rata share of ownership in the property, also called the partner's interest while pension funds are paid interest on their loans.

3. Typically, the investors receive a cumulative preferred return on their equity, currently averaging 8% interest, until their principal investment is fully paid off.

4. An incentive structure encourages the general partner to return the money back to the investors.

Question #2: What kind of return may an investor receive?

Answer:

1. Long-term is currently averaging a greater than 12% overall return.

2. Cumulative preferred return (averaging 8%) before principal investment is paid off

3. Cash distributions (if available) are quarterly throughout the life of the investment

4. Tax deduction from pro-rata shares of depreciation and interest payment

5. Long-term property value appreciation. Pro-rata shares in sales proceeds when the property is sold

Question #3: What are the advantages of investing in Pyramid's syndications?

Answer

1. Opportunity - access to Pyramid's ability to identify superior real estate investment opportunities backed by its track record and deep understanding of specific markets.

2. Property ownership participation, yet free from property management problems and day-to-day operational hassles.

3. Professional and efficient property operation from Pyramid's experienced and knowledgeable in-house management and maintenance team.

4. Maximized financing as a result of Pyramid's long-term credit and relationships with financing sources.

Question #4: How do I exit from an investment?

Answer:

The investor can sell the interest to another investor with prior approval of the general partner (Pyramid). However, the general partner retains the Right of First Refusal to purchase the interest from the investor.