I don't see how anyone knowingly buys these things. Advisor holding your hand while reaching in your back
pocket with his other hand. $25 a share / min. 100 shares. Talk about a pig in a poke.
Prospectus - Cole Credit Property Trust V, Inc.
We expect that up to 10% of our gross offering proceeds, excluding proceeds from our distribution reinvestment plan, will be used to pay selling commissions, dealer manager fees and other expenses considered to be underwriting compensation.
• This is an initial public offering of a newly formed entity with no operating history, and an investment in our shares is speculative. You should consider our prospectus in light of the risks, uncertainties and difficulties frequently encountered by companies that are, like us, in their early stages of development.
• The amount of distributions we may pay, if any, is uncertain. Due to the risks involved in the ownership of real estate, there is no guarantee of any return on your investment in our common stock, and you may lose your investment.
• We are a “blind pool,” as we have no operating history and we have not identified any of the properties we intend to purchase.
• Your investment will have limited liquidity and we are not required, through our charter or otherwise, to provide for a liquidity event. No public market currently exists, and one may never exist, for shares of our common stock. If you are able to sell your shares, you would likely have to sell them at a substantial discount to your purchase price.
• Market conditions and other factors could cause us to delay our liquidity event beyond the sixth anniversary of the termination of the primary offering. We also cannot assure you that we will be able to achieve a liquidity event.
• You should consider an investment in our common stock a long-term investment. If we do not successfully implement a liquidity event, you may suffer losses on your investment, or your shares may continue to have limited liquidity.
• The initial offering price for our shares is not intended to reflect the book value or net asset value of our investments, or our expected operating cash flows. Until the NAV pricing date, the price of our shares is not intended to reflect the net asset value of our shares.
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