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Type: Debt

Series No. 2 Short Term Notes [3 Months]

Investment Summary

    • Series No. 1 Short Term Notes offers up to 7.09% per annum
    • Optimal liquidity with short investment duration
    • Convenient cash management facilitated by rolling maturities
    • Backed by Ginkgo Multifamily OP LP
To participate in Series No. 2 Short Term Notes, Investors are required to submit their investment request and upload required documents online by March 5, 2025. Closing is scheduled for March 7th. As a reminder, allocation is available on a first come, first fund basis. We reserve the right to reject your investment request if funds are not received on time.

Investment Terms

Series No. 2 Short Term Notes Due 2025 (“Notes”)
Offering Amount: Up to $1,000,000; which may be increased up to a maximum of $3,000,000 at the sole discretion of the Issuer, subject to the Maximum Offering Amount.
Minimum Investment Amount: $10,000
Term: Three (3) Months
Stated Maturity Date: June 7, 2025
Issue Date: March 7, 2025
Series Interest Rate: 6.34% per annum, provided, however, that Series Interest Rate applicable to the Notes purchased by a Noteholder purchasing an aggregate principal amount of Notes on the Issue Date (i) equal or greater than $100,000 shall be 6.59% per annum, (ii) equal or greater than $250,000 shall be 6.84% per annum, (iii) equal or greater than $500,000 shall be 7.09% per annum.
Payment Frequency: The Company will make a single payment of Principal of the Series No. 2 Short-Term Notes, together with accrued and unpaid interest, on the Stated Maturity Date.
 

Investment Details

The Company intends to use the proceeds from the issuance and sale of each Series of Short-Term Notes to finance the acquisition and enhancement of its Projects, including any development, construction, repair, renovation, or rehabilitation involved, as well as to meet any capital call obligations in Joint Ventures.

The Short-Term Notes will be direct, unsecured obligations of the Company, without guarantees from the REIT, the Advisor, or any other party.

The Company plans to use cash on the balance sheet, asset level refinance, future Note issuances and equity raises as the source of repayment.

The interest type is calculated as actual/365. Investors will receive 1099-INT tax documents.

Fees

No fees apply.