Des Moines – Ernst Capital Group

July 24, 2017

Downtown VUE Offering Closed: $3.25MM Raised

We’re pleased to announce that we closed fundraising for the Downtown VUE, LLC, raising $3,250,000 from investors across the Midwest.

Downtown VUE, LLC will feature 111 new apartments in the northern gateway of downtown Des Moines, IA. The buildings’ exterior features an edgy urban design that is walkable to area campuses. The sleek, stylish interior finishes will appeal to prospective downtown residents. The project will include one-, two- and three-bedroom units, which are larger than typically
found downtown to accommodate roommate situations. VUE’s location is well-placed among some of Des Moines’ most prominent employers and their campuses. To the northeast are
Mercy Medical Hospital & College and the Des Moines Area Community College downtown campus. Immediately to the south is the world headquarters of Principal Financial, currently undergoing a nearly $300 million renovation. The site is also near the riverfront, Wells Fargo Arena, Convention Hall & Hotel, and more.

VUE is the third project that Ernst Capital has partnered with Hubbell Realty Company, a leading developer and property management firm based in West Des Moines, IA.

todd@ernstcapitalgroup.com

May 4, 2017

Hubbell Apartment Living named Management Company of the Year

Hubbell Realty Company, our development and management partner in Des Moines, IA, was awarded seven Pinnacle of Excellence awards from the Greater Iowa Apartment Association, including Management Company of the Year.

Hubbell Realty Company is the real estate leader in Des Moines, providing a full range of services including commercial construction, development services, property management, brokerage, and home building. Ernst Capital Group has partnered with Hubbell for construction, development, and property management services on Legacy Landing and 5Fifty5 Townhomes.

todd@ernstcapitalgroup.com

April 26, 2017

US Census Bureau: Des Moines Fastest Growing Metro in Midwest, Sioux Falls 3rd

The US Census Bureau recently released its latest population estimates and Ernst Capital Group’s focus markets are featured prominently.

The Des Moines MSA was the fastest growing Metro area in the Midwest from 2015-2016, with 2.0% growth in that year, adding 12,145 residents to the MSA population of 634,725.

The Sioux Falls MSA was the 3rd fastest growing in the same time period, adding 3,840 residents to the now 255,729 population MSA, representing 1.5% growth.

Ernst Capital’s focus is to connect investors with quality local real estate. By focusing our efforts in Sioux Falls, SD and Des Moines, IA, the Census Bureau shows that we’re focusing on some of the best growth areas in the Midwest. We’re proud of our communities, and we’re happy that more and more people continue to call these communities home.

todd@ernstcapitalgroup.com

January 11, 2017

Signature Fund Closed, Raised over $8MM

FUNDRAISING: CLOSED

We’re pleased to announce that fundraising for the Signature Real Estate Income Fund is closed. Private Investors throughout the Midwest committed over $8,000,000 in capital for developments valued at over $42,000,000.

In the coming weeks, we’re going to be distributing over $250,000 to Signature Fund investors, and plan to continue with monthly distributions going forward.

Thank you to all who invested in or considered the Signature Fund. We’re excited for the future of The Commons and 5Fifty5.

Here are some initial details on the properties in the Signature Fund:

Signature Fund Ownership: 80%

Appraised Value: $13,180,000

5Fifty5 is a 47-unit townhome project in downtown Des Moines, Iowa. Construction is complete on the first four buildings with the last 6 buildings coming online in early 2017.

Signature Fund Ownership: 100%

Appraised Value: $29,200,000

The Commons is a 295-unit housing complex in Sioux Falls which will consist of townhomes and apartments. Construction has started on site work and framing of the 1^st units. In the spring of 2017, Signature Construction will begin work on the clubhouse and community building, anticipating a partial opening in early 2017.

todd@ernstcapitalgroup.com

October 2, 2015

Cutting the Ribbon for Legacy Landing

todd@ernstcapitalgroup.com