Ameristar Capital Income Fund

Lead Sponsor

1 Active Deal

Ameristar Capital Income Fund

Lead Sponsor

1 Active Deal

Lead Sponsor

1 Active Deal

Year Founded

2024

AUM

$12M

Headquarters

Ballston Spa, NY

Overview

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Ameristar Capital Income Fund, LLC is Delaware Limited Liability Company (hereinafter the "Fund") that is conducting a Reg D 506C Offering. The Fund has a Sub-REIT called Ameristar Capital Income REIT, LLC which holds title to all the Fund's mortgages that are originated by Ameristar Financial Corporation. Given the Sub-REIT structure, certain tax advantages may be recognized by high net-worth investors given the pass-through nature of the entity. This creates a major distinction between holding title to a mortgage where the interest income is taxed as ordinary income.

The Fund invests in short term duration mortgages (typically 1-3 years) that are collateralized by residential, commercial and investment properties. These properties include single and multi-family rentals, short term rentals such as Airbnb, Vrbo, Pad Split and Visting Nurses, mixed use properties, mobile home communities, modular homes, Fix N Flip properties, bank foreclosures, renovation and new construction projects.

The Fund seeks to preserve capital, provide current income and deliver a high level of consistent returns on a monthly and quarterly basis. A Preferred Annual Return of 10% is payable monthly and excess yield in the portfolio after certain expenses and 80/20 split is expected to deliver another 75 basis points quarterly thereby generating a Total Anticipated Annual Return to 13%.

The Fund seeks to diversify its portfolio by carefully monitoring its exposure to any one borrower with further diversification achieved by investing in different geographical locations, property types, maturity dates and varying loan amounts. The Fund also adheres to specific underwriting guidelines which allows it to maintain flexibility but also maintain high quality assets while always seeking to protect its position with higher equity values.

Investments are accepted from accredited US tax payors such as individuals, corporations, trusts, partnerships and retirement plans.

Markets

All US States

Asset Classes

Private Credit

Mortgage Notes

Debt

Single Family

Affordable Housing

Accepted Investors

Accredited

Investment Strategy

The Ameristar Capital Income Fund's investment strategy is to generate a double-digit return and distribute current income to its investors on a monthly and quarterly basis by investing in short term duration mortgage loans collateralized by first position mortgages on single and multi-family properties, select commercial and mixed-use properties, some new construction projects. The Fund seeks to create diversification by different properties types, borrowers, geographical areas and varying maturity dates. The Fund deploys the majority of its capital to keep it invested at all times and because loan duration is short, the Fund does not have any long-term interest rate risk. The Fund originates interest only mortgages and implements prepayment penalties to enhance yields.

The Fund establishes relationships with Borrowers that have real estate experience and have demonstrated that they are good real estate operators whether they are fixing and flipping properties or building a portfolio of real estate for long term holding purposes. The Fund is focused on capital preservation and asset quality and equity to protect the Fund assets is crucial. Given the Fund's, Sub-REIT structure, all mortgage loans are title in Ameristar Capital Income REIT and this entity structure provides certain tax advantages for Fund investors. Based on the portfolio composition, the Fund is expected to generate an anticipated annual return between 13.0-13.25%.

Competitive Advantage

The Fund's success is attributable to the asset quality and consistency of payments that come in on its mortgage assets. Sound underwriting of each file is very important and Management has much experience in evaluating credit, assets, real property valuations and the markets that is currently does business in. The Fund has assembled a Team that includes title companies, experienced private lending counsel, appraisers, credit providers, inspectors, processers, real estate agents, sales professionals and loan servicing personnel. The Fund has never lost any principal and has always made every income distribution promised to its investors. Building long term relationships with its Borrowers and Investors is key to our success.