Overview
Sandhill Crane Partners, LLC (“Sandhill” or the “Fund”) is being offered to accredited investors by Callegro to capitalize on the opportunity to purchase single family, builder-ready lots at significant discounts in the Tesoro Club in Port St. Lucie, Florida.
The Fund seeks to raise up to $5 million from accredited investors, with a minimum investment size of $25,000.
The Fund will seek to:
- Generate an unleveraged 25%-30% compound annual rate of return (“IRR”), net of fees and incentive compensation.
- Take advantage of the cyclical opportunity to purchase highly desirable assets at large discounts to replacement cost and historical value.
- Return all investor equity within five years of investment.
Strategy
Sandhill’s investment focus is the purchase of assets located in the Tesoro Club, located in Port St. Lucie, Florida.
- Port St. Lucie is located on Florida’s “Treasure Coast” – 100 miles north of Miami and about the same distance southeast of Orlando—at the mid-point between these two major Florida metro areas.
- A fast-growing area easily accessed via the prestigious Palm Beach International Airport, which serves over 6 million passengers per year. Port St. Lucie also has its own exit from the Florida Turnpike, facilitating travel to nearby upscale amenities and shopping in communities such as Jupiter and Boca Raton.
- The Tradition Center for Innovation is bringing jobs, scientists, physicians and entrepreneurs to the area through its anchor institutions such as the Torrey Pines Institute for Molecular Studies, the Vaccine and Gene Therapy Institute Florida, and the Mann Research Center.
