Time Equities, Inc. closes on Fund VI with $25 million raised

Manhattan, NY Time Equities Securities LLC (“TES”), owned by Time Equities Inc. (“TEI”), has closed its sixth diversified income and opportunity fund (Fund VI), raising $25 million. Since its inception, Fund VI has deployed capital into 15 diverse assets across 15 U.S. states, including industrial, multifamily, student housing, retail, office properties, and B-Note participations.

Fund VI reflects TEI’s established investment philosophy, which combines the acquisition of income-producing and opportunistic properties with the potential for long-term appreciation. Distributions commenced at the rate of 6% per annum on invested capital, with further potential discretionary opportunities for year-end performance bonus distributions.

“In an era of economic uncertainty, TEI believes that Fund VI represents the strength of TEI’s long and diversified approach to real estate investment,” said David Becker, head equity strategist and senior managing director of TEI’s Equity Division. “Our decades of experience, commitment to underwriting and patient investment strategy can create opportunities for our investors to potentially achieve durable tax advantaged income and long-term growth. Real estate tends to reward those who remain skeptical, strategic, and ready to seize compelling opportunities based on market dislocations, and we hope Fund VI will exemplify these values.”

Part of TEI’s strategy, 1031 exchanges play a significant role in TEI’s ability to attract new investment capital. TEI has long provided tailored tenant-in-common (TIC) structures and wholly owned like-kind replacement properties to meet the needs of investors seeking tax-advantaged reinvestment opportunities.

“The enduring demand for 1031 exchanges speaks to their appeal for generational investors seeking passive income and diversification,” said Alexander Anderson, senior director of TEI’s Equity Department. “Fund VI can potentially offer tax-efficient solutions while delivering durable income and long-term growth potential.”

Recent trends, shifting generational ownership patterns can position TEI as a trusted partner for investors navigating complex real estate markets.

Notable investments by Fund VI include partial interests in the following:

• Multifamily: VC Bend Apartments in Lancaster, OH, a 23-building, 208-unit apartment community featuring amenities, high occupancy, and strong rent growth potential in a supply-constrained market.
• Student Housing: The Armory in Huntsville, TX, a 145 unit student housing property nearby Sam Houston State University campus built in 2018 with Class A amenities, high occupancy levels and ability to grow rental rates as the University continues to expand enrollment.
• B-Note Participation: The Ridge at WVU in Morgantown, WV, a 640-bed student housing property near West Virginia University. The borrower used the loan proceeds to pay off the prior mortgage and fund future repairs and capital improvements.
• Retail: Boulder Crossing, a 48,160 s/f, shadow Albertson’s grocery-anchored strip center in Las Vegas, NV, currently 92% occupied by a diverse mix of 15 tenants.
• Office: Paradise Village Office Park in Phoenix, AZ, a five-story, 268,516 s/f, Class A office building featuring tenant suites and lifestyle amenities, located near the redeveloped Paradise Valley Mall.
• Industrial: A 48,826 s/f industrial property located next to the Ted Stevens Anchorage International Airport in Alaska, currently 100% leased to two long-term tenants.

TEI continues its tradition of co-investing alongside Fund VI participants, with its affiliates committing a minimum of 15% of the total offering proceeds. This alignment underscores TEI’s dedication to the Fund’s success and exemplifies its broader philosophy of cultivating investor relationships.