Sincerus (Hawk Springs) LP

 

   

Sincerus Capital successfully raised $16.1 million.

 

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Project Details

  • Located in a designated growth area in the Municipal District of Foothills, Alberta
  • Acquired 330 acres of undeveloped farmland
  • Market Appraisal: $16.4 million (October 2008)
  • Anticipated Zoning Description: Low density country residential
  • Anticipated number of lots: 82  estate sized lots  
  • Overlooks natural one-of-a-kind wetlands
  • Over 10 kms of walking trails and over 5 kms of horse riding trails
  • Water certificate is in place
  • Gas and electricity already on the property
  • Profits: 60/40 split with investors receiving 60% first
  • Eligible for registered plans (RRSP, RRIF, TFSA, RESP)
  • Minimum investment of $10,000

This is not intended to be an offering of securities. Offerings in Sincerus projects are made only to those investors in jurisdictions of Canada who meet certain eligibility or minimum purchase requirements pursuant to NI 45-106. The risks of investing are outlined and detailed in the form of an offering memorandum prescribed by NI 45-106 and you should review the offering memorandum in detail prior to investing. Investments are not guaranteed or insured and the value of units may fluctuate. See the applicable offering memorandum for complete details.