Smartland.com
Smartland.com

SINGLE-FAMILY RESIDENTIAL

Real estate entrepreneurs who see opportunities where others do not, creating higher returns to investor partners.
This information is intended solely for accredited investors2 as such is defined in the Securities Act, and is not intended as an offer to sell, or the solicitation of an offer to buy any securities or ownership interests. Past or projected performance does not guarantee or predict future results; all projections and estimates contained herein are subject to change any time without notice. This investment opportunity may not be available in all states.
Scroll Down

TABLE OF

CONTENTS

Scroll Down

LEGAL

DISCLOSURE

This material does not constitute an offer or solicitation to purchase securities. An offer can only be made by the Private Placement Memorandum (PPM). This document is an informational summary of prospective investment opportunity only.

The PPM and its exhibits contain complete information about the investment opportunity. This presentation has been prepared to summarize such information for prospective investors in the Company.

The information contained herein is not a substitute for an investor’s complete review of all of the information attached to the PPM as part of their own due diligence regarding this investment opportunity and its suitability for their investment portfolio.

This Offering is made only to “accredited investors,” as such term is defined in Rule 501 of Regulation D under the Securities Act of 1933 (the “Securities Act”), in reliance upon an exemption from registration provided in Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D thereunder. This Offering is subject to a minimum of $5 million (the “Minimum Offering Amount”). All dollar amounts referenced herein refer to United States dollars.

The Manager anticipates that: (i) the Fund will not be registered as an investment company under the Investment Company Act of 1940, as amended; and (ii) the Manager will not be registered as an investment adviser under the Investment Advisers Act of 1940, as amended, or the laws of any state. Consequently, investors will not be entitled to certain protections afforded by some of those statutes.

Each investor should make its own decision whether this Offering meets its investment objectives and risk tolerance level. In making an investment decision each investor must rely on its own examination of the Fund and the terms of the Offering, including the merits and risks involved. Each investor and its representatives, if any, are invited to ask questions and obtain additional information from the Manager concerning the terms and conditions of the Offering, the Fund and any other relevant matters to the extent the Manager possesses such information or can acquire it without unreasonable effort or expense.

There is no public market for the Interests nor is any expected to develop, and the Interests are subject to restrictions on transferability and resale. Even if such a market were to develop, no distribution, resale or transfer of an Interest will be permitted except in accordance with the provisions of the Securities Act, the rules and regulations promulgated thereunder, any applicable state securities laws, including any registration or exemptions therefrom, and the terms and conditions of the Amended and Restated Operating Agreement of the Fund (the “Operating Agreement”) and Subscription Booklet for the Interests.

Any transfer of an Interest by a member of the Fund will require the consent of the Manager, which may be withheld in its sole discretion. All capitalized terms used but not defined in this Memorandum have the meanings ascribed to such terms in the Operating Agreement.

An investment in the Interests involves significant risks. Accordingly, each investor that purchases an Interest will be required to represent and warrant that it has read this Memorandum and is aware of and can afford the risks of an investment in the Fund. Investors should be aware that they will be required to bear the financial risks of this investment for an indefinite period of time.

Each investor will also be required to represent that it is acquiring the Interest for its own account, for investment purposes only, and not with any intention to resell or transfer all or any part of the Interest. This investment is suitable for an investor only if it has adequate means of providing for its current and future needs and can afford to lose the entire amount of its investment. Only investors who can bear the economic risk of the investment and the loss of their entire investment should invest in these securities. Refer to the section of this Memorandum titled “RISK FACTORS”.

This Memorandum may not be reproduced without the prior express written consent of the Manager. By accepting delivery of this Memorandum, each investor agrees not to divulge its contents to anyone other than to authorized accountants, financial planners, attorneys or similar advisers retained to render professional advice related to the purchase of the Interests, and to keep confidential the existence of this Memorandum and the information contained herein or made available in connection with any further investigation of the Fund. If an investor does not purchase any Interests, the investor agrees to return this Memorandum to the Manager.

Read More

Scroll Down

EXECUTIVE

SUMMARY

The following is a summary of selected principal terms and is qualified in its entirety by the Operating Agreement. In the event that the description of terms in this Memorandum is inconsistent with the terms of the Operating Agreement, the Operating Agreement will control. Capitalized terms not defined herein shall be as defined in the Operating Agreement.
investor terms

RESILIENT INVESTMENT OPPORTUNITY IN IDEAL LOCATION

Smartland® is offering qualified investors the opportunity to invest in a portfolio of single-family homes. Smartland® will acquire the Properties, renovated them, build them from the ground-up, and lease them to tenants, and ultimately sell the Properties. We have opened a SPE to purchase the properties under. Through our hands-on vertically integrated, comprehensive value-add, and operational turnaround programs we are planning to increase the value across each property. Smartland® will address exterior issues with each of the properties, renovating them with a focus on quality, efficiency, rentability, and salability.
Scroll Down

STRATEGY

DEPLOYING CAPITAL TO YIELD RETURNS

Collectively, the Smartland  team, combined with all the affiliates, has successfully executed
real estate investments representing over $250M dollars.

CAPITAL REQUEST

Equity Raise:

Expected Closing:

Maximizing the Value of Single Family Homes at Resale:

Manager Discretion:

Scroll Down

IDENTIFIED ASSETS

DATA TAPE

The following is a summary of selected principal terms and is qualified in its entirety by the Operating Agreement. In the event that the description of terms in this Memorandum is inconsistent with the terms of the Operating Agreement, the Operating Agreement will control. Capitalized terms not defined herein shall be as defined in the Operating Agreement.
AddressTypeBedBathSq. Ft.Year BuiltFuture RentAcquisition PriceRenovation Cost/Current Market ValueProjected Sale Value
7451 SW 134th Ct, Miami, FL 33183SFR421,9061975-$370,800$45,000$545,000$550,000
14335 SW 158th St, Miami, FL 33177SFR321,4201992-$320,200$36,000$429,000$429,000
19251 Abby Ave, Euclid, OH 44119SFR31.51,4071904$1,300$84,000$25,000$84,000$139,000
19508 Milan Dr, Maple Heights, OH 44137SFR311,2441948$1,150$55,000$49,500$55,000$110,000
5544 Carlton Dr, Bedford Heights, OH 44146SFR31.51,5761992$1,220$157,100$28,000$157,100$199,000
4510 Lilac Rd, South Euclid, OH 44121New Build3211502021-$10,000$149,000$25,000$229,000
3777 Grosvenor Rd, South Euclid, OH 44121New Build3211502021-$10,000$149,000$25,000$229,000
3771 Eastway Rd, South Euclid, OH 44121New Build3211502021-$10,000$149,000$25,000$229,000
158 SE 34th Ter, Homestead, FL 33033New Build321,4082021$1,700$285,100$12,400$121,500$339,000
113 SE 33 Ter, Homestead, FL 33033New Build331,5662021$1,750$301,000$12,000$124,500$349,000
Horizontal Scroll Arrow
Scroll Down

TRACK

RECORD

Across the Smartland platform, we’ve established a track record of high-performing investments with our entrepreneurial vision, discipline, and execution through buying right & adding value.
NameTermsInvestedLength (Years)Acquisition CostRehab CostOther CostProjected ExitActual ExitProfitReturnProjected IRRAsset TypeStatus
Fund_SFRPreferred/17%$300,0002 Years$511,199$630,056$190,124$1,728,402$397,023132.34%17.00%SFR FundCompleted
Fund 2013 SSPreferred/16%$500,0001 Years$1,279,400$1,185,296$397,606$3,614,600$752,298150.46%16.00%SFR FundCompleted
Fund 2014 SSPreferred/16%$500,0001 Years$706,300$528,976$194,111$1,764,642$335,25567.05%16.00%SFR FundCompleted
Fund 2015 SSPreferred/14.5%$800,0001 Years$2,113,370$2,142,338$654,467$5,949,697$1,039,522129.94%14.50%SFR FundCompleted
Smartland RS3Equity 50/50$450,0001.5 Years$155,000$295,000$77,330$703,000$175,67039.04%26.03%MultifamilyCompleted
Fund 2016 SSPreferred/14.5%$1,000,0001 Years$1,162,799$1,244,736$376,393$3,421,750$637,82363.78%14.50%SFR FundCompleted
Smartland BR35Equity 50/50$210,0003 Years$835,000$255,000$50,000$1,368,000$1,620,000$480,00076.19%25.40%MultifamilyCompleted
Fund 2017 SSPreferred/14.5%$1,000,0001 Years$1,755,499$1,707,955$515,955$4,690,500$711,09171.11%14.50%SFR FundCompleted
Smartland BR50Equity 50/50$300,0002 Years$220,000$100,000$72,490$520,000$659,000$266,51088.84%44.42%MultifamilyCompleted
Smartland 11Equity 50/50$270,0002 Years$735,000$460,000$20,000$1,800,000$2,980,000$1,765,000653.70%174.32%MultifamilyCompleted
Smartland RS17Preferred/14.5%$800,0002.5 Years$1,000,000$1,100,000$73,500$4,755,000$728,85041.41%14.50%SFR FundCompleted
Smartland RS18Preferred/14.5%$1,000,0002.5 Years$1,100,000$1,210,000$80,8504,370,000$405,9504.00%14.50%SFR FundCompleted
Smartland RS19Preferred/14.5%$1,000,0002.5 Years$1,100,000$1,210,000$80,850$4,800,000$685,87531.18%14.50%SFR FundIn Progress
Breakwater Apt7%+20/80->
17%IRR->80/20
$832,4703 Years$3,550,000$931,000$115,000$5,725,000$7,200,000$2,604,000281.44%17.00%MultifamilyRefinance
One-3-One Apt7%+20/80->
17%IRR50/50
$1,134,0003 Years$3,650,000$2,200,000$284,000$8,100,000$0$00%18.00%MultifamilyIn Progress
Smartland CV1Preferred/13.5%$1,000,0002 Years$1,100,000$0$0$4,000,000$0$00%13.50%DiversifiedIn Progress
Smartland FND3Preferred/12%$2,000,0002 Years$1,600,000$0$0$9,000,000$0$00%12.00%SFR FundIn Progress
TOTALS:$13,595,240$45,005,724$69,356,591$10,984,86727.45%Average IRR
Horizontal Scroll Arrow
Scroll Down

MANAGEMENT

STRATEGY

The management team of the Manager formulates a business plan and SWOT analysis for each property, ensuring optimal ownership, and exit strategies are integrated prior to delivery of letters of intent on new investments.
USD Dollar

Revenue Enhancements

USD Dollar

Cost Reductions

Arrow

Strategy Focus

Everyone else in the market avoids heavy lifting projects because it’s difficult. We thrive on these projects and have little to no competition in the market.
Vadim Kleyner,
CEO
Scroll Down

LOCATION

FLORIDA

Smartland® Headquarters – Miami, FL

Target Property Metrics

Report About Miami

Downtown Miami
Scroll Down

LOCATION

OHIO

Smartland® HQ2 – Cleveland, OH

Target Property Metrics

Report About Miami

Scroll Down

RENOVATION

PLAN

Smartland® will address exterior and interior issues with each of the Properties, building and renovating them with the focus on quality, efficiency, rentability, and saleability.
Fund4 SFR Residential Renovation Plan 1
Fund4 SFR Residential Renovation Plan 4
Fund4 SFR Residential Renovation Plan 2
Fund4 SFR Residential Renovation Plan 2
Fund4 SFR Residential Renovation Plan 3
Fund4 SFR Residential Renovation Plan
Scroll Down

RENOVATION

PLAN (KITCHENS)

Modernization and updating of the kitchen area in the homes feature stainless steel appliances coupled with modern cabinets that will set the homes at the forefront within the market, outpacing similar properties in the immediate area. Samples of actual Smartland® renovated kitchens are found below, the renderings mimic the look and feel of future kitchen spaces in the identified assets.
Fund4 SFR Residential 1
Fund4 SFR Residential 4
Fund4 SFR Residential 2
Fund4 SFR Residential 5
Fund4 SFR Residential 3
Fund4 SFR Residential 6
Scroll Down

GROUND-UP

NEW CONSTRUCTION

At Smartland®, we are experts in renovation, remodeling, and custom design-build services.
Fund4 SFR Residential 1
Fund4 SFR Residential 4
Fund4 SFR Residential 2
Fund4 SFR Residential 2
Fund4 SFR Residential 3
Fund4 SFR Residential
Scroll Down

BENEFITS OF A

LOCAL OWNER/OPERATOR

Smartland® has been a major force in the Cleveland real estate market for the past decade.

EXCEPTIONALLY QUALIFIED TEAM

ATTRACTIVE STRATEGY

NICHE STRATEGY

UNIQUE VALUE CREATION

Smartland Team
Scroll Down

TEAM

BIOS

Vadim Kleyner

VADIM KLEYNER

CEO

As founder and CEO of Smartland, Vadim focuses on the company’s overall strategies, including future geographic expansion and assembling the best possible team. A serial entrepreneur who got his start in IT, he continues to apply that extensive IT background to create competitive advantages. Prior to founding Smartland, Vadim served as VP at Cleveland Restoration Group, where he developed successful real estate investment models that have since been adopted throughout the nation. His partners, investors, and team regard his strengths as being strategic, analytical, and visionary.
Irina Kleyner

IRINA KLEYNER

Broker

As the Real Estate Broker, Irina uses her intricate knowledge of the buying and selling process in overseeing all of the real estate transactions. As a liaison between real estate agents, clients, escrow companies, and mortgage brokers, Irina closely monitors each stage of the deal from contract signing through closing to efficiently manage the home sale or purchase transaction. She holds a Bachelor Degree in Physics Science from Gomel State University, and is a member of the National Association of Realtors and the Akron Cleveland Association of Realtors.
Steven Gesis

STEVEN GESIS

EVP • COO

Steven is responsible for the strategic direction and performance of all teams within Smartland. As EVP Steven is the catalyst for all department directors to ensure the Smartland vision and Smartland standards are being implemented and adhered to. Prior to joining Smartland, Steven was an Operations Administrator at the Cleveland Clinic, where he was instrumental in the implementation of new strategies and efficiencies. Steven holds an MBA from CSU Monte Ahuja School of Business as well as a Bachelor’s degree from The Ohio State University.
Scroll Down

SMARTLAND®

HISTORY

The history of Smartland® goes back to 2008, with the founding of two important companies in the Cleveland real estate industry: Cleveland Restoration Group and Cleveland Property Management.

In 2012, Smartland® was formally established as a consortium of Cleveland Restoration Group, Cleveland Property Management, Cleveland Real Estate Development and CPMG Realty.

Now headquartered in Miami, FL, Smartland® has grown to include a vertically integrated team focused on investment management services, property management, marketing, architecture, design, and construction.

Having aligned interests, Smartland® does not only work for our investors but our employee’s compensation is tied to performance! Our four main partners invest their personal funds in every project. This means that by the time we are ready to do a deal, we are so confident in all aspects, that we put our own family funds at stake.

Today, Smartland® is an ecosystem-based, forward thinking, investor focused organization. Smartland has achieved a track-record of high returns on its investments due to its entrepreneurial, contrarian thinking and operational excellence.

TRACK RECORD OF MANAGER AFFILIATES

$45M

of capital deployed to date.

27.45%

Average Investor Returns

2.1x

Multiple Return on Exited Funds

Scroll Down

SMARTLAND®

PARTNERS

PROFESSIONAL PARTNERS

CFO & Administrators:

Fairway America

Legal:

KJK

Marketing:

Smartland.com

Tax & Audit:

bdo

PROVIDER PARTNERS

The Home Depot
Sherwin Williams
MFS supply logo
Kohler
CGD
Alside
KeyBank

SERVICE ADVISORS

KJK
skoda minotti
Marcus Millichap
bdo
MP and CO
Pat Gallagher
Scroll Down

CONTACT US

NEXT STEP

Please email us your questions, we are happy to answer.
If you want to talk further, please call a member of our investor relations team.

SUMIT KOVOOR
Vice President of Investor Relations
330.984.2134
sumit.k@smartland.com

MATT FRITZ
Director of Marketing
330.962.6014
matt.f@smartland.com

Smartland.com

1221 BRICKELL AVE, SUITE 940, MIAMI, FLORIDA 33131

Get Started



Skip to content