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Home Explore Wynn Dev LLLP Deal Sheet

Wynn Dev LLLP Deal Sheet

Published by Wynn Development, 2018-05-16 14:06:51

Description: Wynn Dev LLLP Deal Sheet


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Deal Offer Sheet – Residential Development Palm Beach County$29.4 MILLION PREFERRED EQUITY – S.E.C. filed P.P.M.$50,000 minimum [16%APY; 48 month hold & balloon]30 YEARS INDUSTRY LEADER:  30-Year leading home building group, built Tony Robbins $45 million Home last year in same area as building now - Manalapan, FL, also building in Boca Raton, Delray Beach, Palm Beach Island100% SECURED - Funds Secured @ Attorney Trust Account:  100% Funds remain in Attorney Trust Account to disburse to Land & homes only. Assets/Properties/Homes remain in n/o Senior Owners/Limited Partners. There is a 5.5% administration cost which includes all costs of managing as General Partner who pays all fees to 3rd parties/stock brokers and points.16% YIELD - Above Industry Average Equity Yield:  16% APY Preferred Equity Return (above industry average 10-12% Yield); 4 year term100% INSURED - Funds & Homes / Improvements Insured by 4X to 1X Ratio:  $5 million per home Umbrella Insurance – this insures all funds and improvements/homes (16 homes in series; total $29.4m PE; $5m X 16 = $80m insurance)  $84 million total value of property to be developed (sale value)  2.857 leverage (35% equity on each deal with 65% 1st mortgages) * Residential provides quicker permit times and quicker turns over commercial, of only 12- 15 months, along with greater risk spread. We start new homes every 3 months in market proven areas, and even with leading quality, we sell at or below market, so we can re- invest in subsequent properties. We offer a fully insured trust account deployment in the leading margin sector high-end residential, 35% gross avg. for spec residential with a 52% cash-on-cash industry ROI guidance. Homes built for $1m, will have $650k industry rule of thumb guidance cost, or 35% gross margin; 52% cash-on-cash return with $350k gross on $650k total cost (typical industry norms). 1

We have expressions of interest, and commitments. We expect closing this offering in fullby July 20th. We formally invite serious Family Offices & other parties to inquire directlyto our Capital Markets consultant, James Wiberg as follows, and/or to Mr. Dave Wynn,President, Wynn Development LLC & Wynn Development Limited Liability LimitedPartnership:James WibergCapital Markets Consultant to Wynn Development LLCTriode Realty Advisory Corp$20 Billion in capitalizations since 1998Lennar Corp, LNR, Public & Private CorporationsC. 954.401.0961E. [email protected] Realty Advisors Corp.Dave WynnPresidentWynn Development LLCWynn Development General PartnerC. 954.465.1786E. [email protected] Development LLC ®, with Southeast Construction LLC ® and IntelAEArchitects®. 2

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