Atlanta, GA – December 15, 2014 – For the past year the FEATHERSTONE group of companies has worked to strengthen its position in the single-family rental securitization space by expanding within three fundamental areas. The first area was to make more efficient the consolidation of small and midsized companies that owned single family rental properties into larger offerings. The second area was to establish a Property Management Company to serve the acquired properties and perform all administration and operational functions. The third area is the establishment of a broker-dealer that will structure, underwrite and market our securitized product.
FEATHERSTONE’s securitized rental product is divided into three categories; debt placement through utilization of a 144A offering, equity placement through the writing of call options and residual cash flow placement by way of a separate offering.
ADDRESSING THE THREE AREAS:
FEATHERSTONE INVESTMENT LP’s (FILP) principal objective is to consolidate single family rental properties utilizing securitized debt as a financing vehicle. FILP is now writing (selling) home appreciation call options against its stabilized SFR equity positions on portfolios being held for rental securitization. The introducing broker for the equity call option is StreetCapital, Inc. (SCapital.com)
The ideal purchaser of these home appreciation call options would be portfolio managers of hedge funds and private equity firms. These firms may purchase in whole or in part the FILP’s equity positions. The minimum call option position is $6 Million. (www.FeatherStone-LP.com)
FEATHERSTONE PROPERTY MANAGEMENT LLC (FPM) serves as the property manager for FILP performing all administration and operational functions. FPM is backed by 35 years of rental experience with the capability to manage a nationwide footprint of SFR properties. (www.FeatherStone-PM.com)
FEATHERSTONE CAPITAL MARKETS LLC (FCM) is presently undergoing the approval process to establish itself as a broker dealer. While going through the approval process we are utilizing a lead underwriter (name available upon NDA) to begin marketing their latest 144A Private Placement Bond offering. (www.FeatherStone-CM.com)
STREETCAPITAL, INC.
StreetCapital has specialized in funding small and micro-cap companies since 1995, and as HPC Capital Management & Westminster/Hudson, they have been consistently ranked as one of the most active investment banks in terms of the most PIPE transactions completed since 2003. In the last 5 years, StreetCapital has raised capital and advised public Health Care, Consumer Goods, Real Estate, Pharmaceutical, Gaming, Media, Entertainment, Technology, and Resource companies. The firm has expertise in product structuring for Preferred Equity, Convertible Debt Financing, Registered Directs, IPOS, Secondary Offerings, and PIPES.
Media Contact
Company Name: FeatherStone Capital Markets
Contact Person: Media Department
Email: Send Email
Phone: 1.888.797.6175 Ext 0
Country: United States
Website: http://featherstone-cm.com
Source: www.abnewswire.com