Churchill IV Real Estate Limited Partnership

Status Completed

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 IV 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.

Investment Summary (Q4 2016)

Syndicated 2006

Unit Size $12,500

Total Units 2,400

Total Equity Raised $30,000,000

Date Completed 2019

Properties Acquired 12

Properties Divested 9

Properties Remaining 0

Property Name	Location	Asset Type	SF	Purchase Date	Purchase Price	Sale Date	Sale Price	Value +/-
St. Anthony’s Medical Centre	Victoria, BC	Office	29,930	December 2006	$5,700,000	March 2010	$6,470,000	$770,000
Brampton Executive Centre	Brampton, ON	Office	76,451	January 2007	$11,188,000	April 2010	$14,000,000	$2,812,000
1945 Dundas St. East	Mississauga, ON	Office, Retail	57,960	April 2007	$5,700,000	October 2016	$8,350,000	$2,650,000
Stroud Retail Plaza	Innisfil, ON	Retail	35,056	November 2006	$5,100,000	August 2016	$2,825,000	$-2,275,000
18 Alliance Blvd	Barrie, ON	Industrial, Office	41,531	March 2007	$3,250,000	January 2011	$3,650,000	$400,000
33 Alliance Blvd	Barrie, ON	Industrial	35,000	March 2007	$2,250,000	January 2011	$2,520,000	$270,000
1310 Dundas St. E	Mississauga, ON	Office, Retail	101,310	October 2006	$11,000,000	August 2012	$13,188,000	$2,188,000
Denison Market Square	Markham, ON	Retail	37,245	March 2007	$7,788,000	December 2010	$8,000,000	$212,000
The Paris Building (Churchill IV – 25% interest)	Winnipeg, MB	Office	91,071	September 2007	$2,750,000	April 2010	$3,500,000	$750,000
34 Commerce Park	Barrie, ON	Retail	13,053	March 2007	$2,250,000	-	$1,373,053	$-876,947
62 Commerce Park	Barrie, ON	Office	21,565	March 2007	$4,300,000	-	$4,969,834	$669,834
72 Commerce Park	Barrie, ON	Retail	45,913	March 2007	$9,500,000	-	$10,757,313	$1,257,313
		Aggregate SF:	586,085	Aggregate Purchase:	$70,776,000	Total Gross Profit Margin:		$8,827,200

Looking to Invest in a Property?