Dalton Skach Founded Luxury Real Estate Investment Fund Manager Gold Gate Introduces USD 100 Million Fund
- 16th Sep 2021
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Headquartered in Austin, Texas, United States - Gold Gate is a real estate investment fund manager that acquires luxury real estate throughout the world for the personal use and financial benefit of scores of its investors.
Gold Gate recently announced the introduction of its inaugural USD 100 million luxury real estate fund, crafted smartly for high-net-worth individuals (HNWIs), families, and institutions. This luxury real estate fund brings the opportunity for each luxury real estate investor to own one percent interest and 45 days of annual use in twenty luxury real estate and luxury properties in some premium locations across the globe.
Dalton Skach who happens to be the CEO of Gold Gate stated that the average cost of each luxury property included in this specific 100 million luxury real estate fund is more than USD 5 million. The exclusive opportunity to invest in this exclusive fund has been offered to 100 accredited investors having an investment of USD 1 million each.
Gold Gate plans to generate around USD100 million from the sale of 100 shares to these accredited investors. Using this kitty Gold Gate will obtain around twenty luxury properties in twenty beautiful locations across the globe in locations like Pebble Beach, Ibiza, Hawaii, Aspen, the Hamptons, Cabo San Lucas, and others.
With this proven business model, Gold Gate provides investors with the ability to own multiple second homes throughout the world and the flexibility to book vacations when they choose. In addition, the fund offers investors the opportunity to join an exclusive club of the wealthiest individuals and institutions in the world, diversify their investment across geographies, and produce a financial return when the properties are sold.
After 10 to 15 years of luxury experiences and annual property use, Gold Gate will sell the properties in the fund and dissolve the fund entirely. After doing so, Gold Gate will pay back investors their initial investment in addition to their share of the profit interests.
This is indeed a very interesting, ambitious and surely a lucrative proposition for luxury real estate investors.
Will this set a trend for similar models of luxury real estate investment across the world?
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