North Dakota-based EPIC Companies Launches Vision REIT by EPIC
January 18, 2024
Investment opportunities now available in multiple North Dakota and Upper Midwest real estate developments
West Fargo, North Dakota – EPIC Companies announces the launch of Vision REIT by EPIC, a real estate investment trust that provides investment opportunities to accredited investors in multiple real estate developments in North Dakota and across the Upper Midwest.
Vision REIT aims to provide investors the opportunity to earn steady income with tax advantages through a real estate investment trust. Vision REIT properties will be managed by EPIC’s experienced management team with a proven track record in real estate. Vision REIT is governed by a 7-member Board of Directors, each of whom bring significant expertise and experience in real estate investment.
“EPIC Companies wants to bring greater investment, resources and opportunities to North Dakota, specifically and the Midwest, generally-Vision REIT is a mechanism for doing that,” said Todd Berning, President of EPIC Companies. “Vision REIT will not only be a new opportunity for accredited investors who seek a steady source of income with tax advantages but will allow EPIC Companies to more efficiently and effectively do the work we are so passionate about – developing real estate to help our communities thrive,” said Berning.
Vision REIT by EPIC is limited to accredited investors and aims to provide the following:
- Tax Advantages: Allowing property owners to contribute their own real estate to the REIT (by way of UPREIT structure) and defer paying tax on any gain.
- Stable Income: Generating income by leasing real estate, paying at least 90% of taxable income to shareholders.
- Diversification: Providing investors portfolio diversification by investing local and regional real estate without the hassle of direct property management.
- Access to EPIC Projects: Giving investors opportunity to participate in EPIC projects without burden of personal guarantees.
- New and Stabilized Property Strategy: Implementing strategies to develop new EPIC real estate projects as well as acquire stabilized properties.
- Avoid Personal Guarantees: Investment in Vision REIT allows investors to avoid personal guarantees.
Vision REIT will continue investing in our local region to enhance the quality of life furthering the mission of innovative development in our communities.
Units will be sold for $10.00 per unit with a minimum $50,000 investment. With the first $20 million raised, investors will have the opportunity to invest at a $9.00 unit price subject to a minimum of a $250,000 investment.
For more information, visit www.VisionREITbyEPIC.com
Before making an investment decision, all investors must carefully review Vision REIT by EPIC’s Confidential Private Placement Memorandum.
This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties. Information is for informational purposes only and may not be relied upon as, tax, legal, investment or other advice. Investing is limited to accredited investors.
The securities may be sold only to “accredited investors,” which for natural persons are investors who meet certain minimum annual income or net worth thresholds. The securities are being offered in reliance on an exemption from the registration requirements of the Securities Act and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. The SEC has not passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials. The securities are subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell their securities. Investing in securities involves risk, and investors should be able to bear the loss of their investment.
McKenzy Braaten, Chief Communications Officer
EPIC Companies 701.866.1006