Adjunct Professor, Georgetown University
Founder/Managing Director, REIT Academy. LLC
Jonathan Morris is a nationally recognized REIT expert with three decades of executive level roles at two nationally acclaimed, Best-in-Class public REITs plus a $535mm private office REIT with a national footprint. He also launched LMH Realty Group, LLC a private equity real estate platform sponsored by Lerner Enterprises, Inc., the largest private real estate developer/owner in the Mid-Atlantic and owner of the Washington Nationals, the MLB World Series Champions in 2019.
Morris’s unique and unparalleled skill set is best represented in executing many complex and significant asset acquisitions, vertical developments, asset & portfolio recapitalizations with a unique ability to structure interesting joint-ventures that satisfy all stakeholders.
He was Director of Acquisitions for Boston Properties (NYSE:BXP) as well as Smith Residential Realty (NYSE: SRW). He was the CEO & head of Capital Markets for Rosecliff Realty, a private, $535mm pre-IPO national office REIT owned principally by Brown Brothers Harriman.
He is also a Research Defector for Hoya Capital Real Estate, the sub advisor for NYSE: HOMZ, an ETF launched in 2019, which tracks the housing market in the United States. HOMZ AUM recently passed $80mm. A new ETF, NYSE: RIET is a yield focused ETF with a 6.7% initial dividend return. Both of these ETF’s pay their distributions monthly.
He has been a very popular Adjunct Professor at Georgetown University, teaching an advanced class on REITs for 11 years at Georgetown University’s Master’s in Real Estate program.
Recently, Prof Morris started a new advanced education platform, REIT Academy, L.L.C. to deliver world-class REIT knowledge to REIT executives, board members, RIA’s, broker/Dealers and institutional investors. The first program, The Executive REIT Masterclass starts October 26, 2021.
Professor Morris has worked as a senior executive for three (3) Best-in-Class REITs responsible for property acquisitions, JV developments, capital markets & financings:
Boston Properties Director of Acquisitions – competed the purchase of $2.4 billion in Class A urban office buildings;
Secured debt financing for $2.1 billion of these acquisitions
Charles E. Smith (Archstone-Smith) Director of Acquisitions – acquired over 2,000 apartment units in and around JT Washington DC metro with a capitalization of more than $70mm
Developed 20 M Street SE, a new, Class A office tower valued at $175mm located in the now burgeoning “Navy Yard SE” submarket. The site, acquired by Morris who re-zoned it for additional density and a full C-10 height, this corner site is perfectly situated across from a key metro rail station, a block from Capitol Street with access to downtown Washington DC, nearby suburban Maryland and northern Virginia.
Professor Morris regularly appears on national and international media properties to discuss a range of topics from the REIT market in China (CGTN) to the trajectory of GDP for developed nationals worldwide.
He is a nationally recognized REIT expert & brings real world experience to life in the classroom & has helped several students secure positions at public REITs.
Tax-Incentivized refers to any type of investment that is either exempt from taxation, tax-deferred, or that offers other types of tax benefits. USG Realty Capital is a sponsor of investment opportunities that can provide such benefits via our opportunity zone funds and 1031 exchange offerings, among others. Private Placements are speculative.
Investment in the Interests is speculative, illiquid, and involves a high degree of risk, including tax risk. There is no guarantee that the investor will receive any return on, or even a return of their investment. Only investors who can afford the loss of their entire investment should consider investing in the Interests. The contents of this communication: (i) do not constitute an offer of securities or a solicitation of an offer to buy securities, (ii) offers can be made only by the confidential Private Placement Memorandum (the “PPM”) which is available upon request, (iii) do not and cannot replace the PPM and is qualified in its entirety by the PPM, and (iv) may not be relied upon in making an investment decision related to any investment offering by USG Realty Capital, LLC, or any affiliate, or partner thereof (“Issuer”). All potential investors must read the PPM and no person may invest without acknowledging receipt and complete review of the PPM. With respect to any goals and performance levels outlined herein, these do not constitute a promise of performance, nor is there any assurance that the investment objectives of any program will be attained. All investments carry the risk of loss of some or all of the principal invested. These “targeted” factors are based upon reasonable assumptions more fully outlined in the Offering Documents/PPM for the respective offering.
Consult the PPM for investment conditions, risk factors, minimum requirements, fees and expenses and other pertinent information with respect to any investment. These investment opportunities have not been registered under the Securities Act of 1933 and are being offered pursuant to an exemption therefrom and from applicable state securities laws. All offerings are intended only for accredited investors unless otherwise specified. Past performance is no guarantee of future results. All information is subject to change. You should always consult a tax professional prior to investing. Investment offerings and investment decisions may only be made on the basis of a confidential private placement memorandum issued by Issuer, or one of its partner/issuers. Issuer does not warrant the accuracy or completeness of the information contained herein.
REAL ESTATE RISK DISCLOSURE:
No guarantee that any will achieve its objectives;
All real estate investments have the potential to lose value;
The income stream and depreciation schedule may affect your income bracket and/or tax status. An unfavorable tax ruling may cancel deferral of capital gains and result in immediate tax liabilities;
All financed real estate investments have potential for foreclosure;
These assets are illiquid securities. There is no secondary market;
If a property unexpectedly loses tenants or sustains substantial damage, there is potential for suspension of cash flow distributions;
Costs associated with the transaction may impact investors’ returns and may outweigh the tax benefits; and
Tax benefits are not guaranteed and are subject to changes in the tax code.
Securities offered through KCD Financial, Inc., Member FINRA/SIPC. Only available in states where KCD Financial, Inc. is registered. KCD Financial, Inc. is not affiliated with any other entities identified in this communication.
Material risks associated with investing in real estate, development, and private offering securities that potential investors should consider include but are not limited to:
A significantly limited ability to sell or transfer Interests
Uncertain economic outlook including changes in national, regional and local economic and demographic conditions, capital expenditures, interest rates, financing activities and tax status of the Company
Complex taxation, involving, among other things, significant issues as to the character and timing of realization of gains and losses. Prospective investors are strongly urged to consult their tax advisors with respect to the possible tax consequences of an investment. These tax consequences may be different for different investors.
Construction difficulties, delays, and defects
Inability to complete and lease up the Facility on schedule, collect rents or other receivables
Availability of financing, including construction financing and financing necessary to extend or refinance debt maturities
Ability to control operating costs, provide effective and efficient management and maintenance of the Property
Uninsured natural disasters and the inability to obtain adequate insurance on favorable terms
The Sponsor and its Affiliates will receive substantial fees and compensation from the operation of the Property. The compensation arrangements are not the result of arm’s-length negotiations.
All real estate and development investments carry the risk of a complete loss of invested capital. Returns, cash flow, appreciation, distributions after appreciation are not guaranteed and could be lower than anticipated. Please read the entire Private Placement Memorandum (PPM) for a full discussion of the business plan and risk factors prior to investing. By accepting this material, you agree to keep all terms and provision of this offering and the lease confidential, and you will not share or disseminate any of the information in this offering or lease.
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