AmCap, Along With International Assets Advisory, Launches Their First Real Estate Fund Aimed at Retail Investors

ORLANDO, Fla., Feb. 25, 2019 /PRNewswire/ -- AmCap Incorporated owns and manages grocery and necessity anchored shopping centers through its institutional investment arm AmCap Management LLC (AmCap) in major markets across the United States.  The firm has announced its first private offering to retail investors—AmCap Necessity Retail Fund LLC.  International Assets Advisory, LLC (IAA) will be the managing broker-dealer on the offering and Evolv Capital Partners will serve as the wholesaler for the Fund.

AmCap Necessity Retail Fund LLC is a Reg D private offering and the sponsors are currently seeking to secure capital commitments of $100 million for its launch. The Fund will employ AmCap's 39-year investment strategy to acquire premium necessity retail shopping centers, typically with a grocery anchor, located in the top 100 MSAs in the United States; markets with strong job growth, higher income and densely populated neighborhoods with high barriers to entry.

"Disruption in a number of retail categories due to the changing economy presents excellent investment opportunities for AmCap, as an owner/operator, to capture additional income through property improvement and increased rental rates," said Ed Cofrancesco, IAA President and CEO. "AmCap has a consistent 39-year history of success in adding value and managing grocery and necessity anchored shopping centers and we're proud to be their partner on this offering."

Since its inception in 1979 AmCap has acquired more than $1.4 billion of core and value-add grocery and necessity anchored shopping centers throughout the U.S. 

"We have decades of experience and a successful track record of re-tenanting and adding value to grocery and necessity anchored shopping centers, but this is our first offering to retail investors, which is why we chose to work with International Assets Advisory," said Jake Bisenius President & CIO of AmCap Incorporated. "IAA has a broad network of industry contacts and the risk management expertise to make AmCap Necessity Retail Fund LLC a success."

About International Assets Advisory, LLC

International Assets Advisory, LLC ("IAA"), founded in 1982, is a privately held Broker-Dealer registered with the SEC and FINRA for over 30 years. At IAA our vision is to excel as a relationship-driven, full service, independent financial services platform. As specialists in world financial markets, we enable investors to capitalize on a wide array of investment opportunities around the globe, including domestic and foreign stocks, bonds, mutual funds, options, insurance, annuities, and sophisticated retirement and estate planning services. The vision of our firm, since its very inception in the early 1980s, has been to take an investment approach that is not limited by frontiers. Opportunity abounds across the globe, not merely in our backyard. As a complementary approach, we also offer sophisticated retirement and estate planning services. Our objective in terms of our relationship with our clients is to provide a "holistic" methodology, one that does not look at investment portfolios or strategies in isolation. We seek to understand how our clients live in order to provide recommendations that make sense, not merely in the more limited terms of their financial lives, but more importantly in the wider context of their family, occupation, goals and dreams. IAA is headquartered out of Orlando, FL, but has independent advisors and branch offices throughout the United States. Further information is available at www.iaac.com.  

About AmCap Incorporated

AmCap has a 39+ year investment and operating history focused on necessity and grocery-anchored shopping centers. Its executive team, is comprised of investment, finance, leasing and operations professionals with an average of approximately 23 years of real estate experience and nearing 20 years at AmCap. The firm has built an extensive track record, having acquired, or assisted its affiliates with acquiring, more than $1.4 billion of core and value-add grocery-anchored shopping centers. The senior management team of AmCap seeks assets that are at attractive points of value in various market cycles.

Additional information is available at www.amcap.com.

About Evolv Capital Partners

Evolv Capital Partners is an independent designer, developer and distributor of best-in-class, direct, alternative investments. Our principals and team have decades of experience in the investment industry, with a unique focus on investment capital raising within the independent broker-dealer and Registered Investment Advisor space.  Our experience represents key leadership positions with leading firms in different corners of the market, representing all sides of an investment transaction. With a focus on creating or acquiring new software and technology, our goal is to ease the operational burden stemming from new regulations and increased compliance protocols.  By utilizing innovative product structures, we are better able to grow with the ever-changing investment landscape and create income solutions for today's market. 

Additional information is available at www.evoalts.com.

CONTACT: Melinda Brodbeck
JConnelly
973.850.7348
[email protected]

SOURCE International Assets Advisory

Related Links

http://www.iaac.com