Churchill International Property Corporation
Suite 1010, 1040 West Georgia Street, Vancouver, BC Canada V6E 4H1
The stated mission of Churchill in this investment structure is to provide an opportunity for smaller investors to participate in cash-flowing real estate investments in the same manner that large Institutions and Pension Funds invest. The Churchill team provides investors with an investment vehicle that incorporates a Tax Free Savings Account (TFSA) eligible and an RRSP/RESP eligible component in an extremely tax efficient structure, along with a Limited Partnership Unit, into one investment unit that enables investors to participate and benefit from owning revenue producing investment properties.Churchill I Real Estate Limited Partnership is fully subscribed.
Each (“Unit”) is comprised of one limited partnership unit (an “LP Unit”) of the Limited Partnership in the amount of $2,500 and one RRSP eligible Series A debenture (“Debenture”) of the Debenture Issuer in the principal amount of $10,000.
|Property Name||Location||Asset Type||SF||Purchase Date||Purchase Price||Sale Date||Sale Price||Value +/-|
|Parkway Mall Shopping Centre||Toronto, ON||Retail||287,000||January 2003||$30,000,000||January 2004||$37,800,000||$7,800,000|
|Queensway Business Park||Toronto, ON||Office||332,000||October 2003||$23,000,000||March 2004||$25,600,000||$2,600,000|
|Aggregate SF:||619,000||Aggregate Purchase:||$53,000,000||Total Gross Profit Margin:||$10,400,000|
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