Questions? We have answers.

Overview

  • What is Jamestown Invest?
    • Jamestown Invest is an online investment platform providing the opportunity to invest in newly organized funds managed by Jamestown Invest Manager, L.P. and formed to acquire and manage a portfolio consisting of real estate investments in urban locations in the path of anticipated growth.
    • Utilizing Jamestown’s vertically integrated business platform, Jamestown Invest builds upon Jamestown’s track record of 35+ years, nearly 80,000 German individual, U.S., and international investors, 31 realized funds, and a clear mission: to transform spaces into hubs of innovation and community.
    • A full description of Jamestown Invest can be found on page i of the Offering Circular.

     

  • Who can invest? Can international investors invest?
    • Nearly any U.S. citizen residing in the U.S. can invest as long as the investment amount does not represent more than 10% of the greater of their annual income or net worth. There are certain suitability considerations as well. Please see the Offering Circular for a full description.
    • At this time, investments are only open to U.S. citizens residing in the U.S.
  • What am I investing in? What is Jamestown Invest 1, LLC?
    • You are purchasing shares of Jamestown Invest 1, LLC.
    • Jamestown Invest 1, LLC is a newly organized Delaware limited liability company formed to acquire and manage a portfolio consisting of real estate investments in urban infill locations in the path of anticipated growth.
    • Jamestown Invest 1, LLC intends to qualify as a real estate investment trust, or REIT for U.S. federal income tax purposes commencing with our first taxable year of operations.
    • More information about the taxation of REITs can be found on page 83 of the Offering Circular.
  • Am I investing in a fund or a specific property?
    • You are investing in a fund that intends to acquire multiple properties. A full description of the investment strategy of Jamestown Invest 1, LLC can be found in the Offering Circular.
  • How is an investment in your common shares different from investing in shares of a listed REIT?
    • The fundamental difference between our common shares and a listed REIT is the daily liquidity available with a listed REIT. Although we intend to adopt a redemption plan that may allow investors to redeem shares on a quarterly basis, for investors with a short-term investment horizon, a listed REIT may be a better alternative than investing in our common shares. However, we believe our common shares are an alternative way for investors to deploy capital into a portfolio of real estate assets that could offer a lower correlation to the general stock market than listed REITs.
  • Who can help answer my other questions about Jamestown Invest or Jamestown Invest 1, LLC?
    • If you have more questions about Jamestown Invest or Jamestown Invest 1, LLC, please contact us by email at info@jamestowninvest.com or by phone at 404-490-4950.

General Information

  • What is a real estate investment trust, or REIT?
    • In general, a REIT is an entity that combines the capital of many investors to acquire a portfolio of real estate investments under professional management which generally avoids double taxation (i.e., taxation at both the corporate and shareholder levels). Generally, we refer to an entity that qualifies to be taxed as a real estate investment trust for U.S. federal income tax purposes as a REIT. We intend to qualify as a REIT for U.S. federal income tax purposes commencing with our first taxable year of operations.
    • More information about our intended REIT qualification can be found on pages ii, 35 and 85 in the Offering Circular
  • What is Reg A or Regulation A+?
    • Regulation A+ was a 2015 amendment to the 2012 JOBS Act. The Jumpstart Our Business Startups (JOBS) Act is a law intended to encourage funding of small businesses in the United States. For more information, visit https://www.sec.gov/smallbusiness/exemptofferings/rega.
  • What is an Offering Circular?
    • An Offering Circular is a prospectus and is provided to individuals who are interested in potentially purchasing the newly issued security. It contains information to help the prospective investor in deciding whether or not the investment is suitable for them. The Offering Circular and its related exhibits and documents should all be read carefully for a description of the merits and risks of an investment in Jamestown Invest, prior to investing in Jamestown Invest.
  • What are shares?
    • The shares granted to investors represent the units of ownership interest in the Fund.
    • A full description of our common shares can be found on page 69 of the Offering Circular.
  • What is a “sponsor co-investment”?
    • Our sponsor, Jamestown L.P., will be investing in the Jamestown Invest 1, LLC along with you. This co-investment aligns the interest of Jamestown with that of the investor.
  • What is NAV?
    • Net asset value (NAV) is the net value of an investment fund on a specific date or time. Our NAV per share will be calculated as of the end of each fiscal quarter, beginning at the end of the first complete fiscal quarter of this offering, through our internal process that comprises several components. The final determination of our quarterly NAV per share will be made by our Manager. We announce our NAV quarterly.
    • Please see pages iv and 78 in the Offering Circular for a full description.

Fund Information

  • What types of real estate may Jamestown Invest 1, LLC be investing in?
    • Possible asset classes could include mixed or single-use properties incorporating office, retail, multifamily, for-sale residential, parking, unimproved land, warehouse/flex, or hotels in the Atlanta, Raleigh, Charleston, and other major MSAs across the United States.
    • There is no assurance that Jamestwo Invest will be able to achieve its investment objectives.
    • Further information on the fund’s investment objectives and strategy can be found on pages 57-61 in the Offering Circular.
  • Who chooses which investments you make?
    • Jamestown Invest 1, LLC is externally managed by Jamestown Invest Manager, L.P., or the “Manager,” which is a wholly-owned subsidiary of Jamestown.
    • Further information on our Manager can be found on page i in the Offering Circular.
    • Major investment decisions of the Fund will be made by our Manager’s Investment Committee, composed of executives from Jamestown who average over 20 years of industry experience.
    • Each year, the acquisitions team at Jamestown considers hundreds of investments for its various funds, ultimately choosing to close on less than 1%. This highly-disciplined, analytical approach to investing has contributed to Jamestown’s track record over our 35+ year history. 
    • Further information on Jamestown Invest’s investment decision-making process can be found on pages 2 and 61 in the Offering Circular.
  • What is the minimum investment?
    • For an individual investor, the minimum investment for the initial purchase and any additional purchase in Jamestown Invest 1, LLC is $2,500.
    • For an entity investor, the minimum investment for the initial purchase in Jamestown Invest 1, LLC is $50,000. 
    • Further information regarding the minimum and maximum investments can be found on page xi in the Offering Circular.
  • What are the fees paid by the investor?
    •  Ongoing fees payable by Jamestown Invest 1, LLC to the Manager include, but are not limited to:
      • a quarterly fund administration fee equal to 0.6% per annum of Jamestown Invest 1, LLC's most recent NAV
      • a quarterly asset management fee equal to 1.25% per annum of Jamestown Invest 1, LLC's most recent NAV.
      • Asset Disposition fee: 1% of contract sales price
      • Participation Allocation (Incentive Fee): 20% of adjusted NAV less the initial purchase price of the shares. Adjusted NAV is equal to (i) the Fund’s NAV (without reduction for any accrued Participation Allocation) as of the applicable date, increased by (ii) the aggregate capital distributions and dividends paid or accrued.

    Before the end of the first complete fiscal quarter after Jamestown Invest 1, LLC breaks escrow, the foregoing fees will be based on net offering proceeds.  For a full description of these and other fees please see the detailed description of all fees beginning on page 4 and 49 of the Offering Circular.

  • How are fees charged?
    • Fees are deducted from investor NAV and then paid to Jamestown by the fund.
    • Details on our fee structure are outlined beginning on pages 4 and 49 of the Offering Circular.

Investing

  • How do I buy shares?
    • You may purchase our common shares in this offering by creating a new account, or logging into your existing account, at the investment portal on the Jamestown website. You will need to fill out a subscription agreement for a certain investment amount and pay for the shares at the time you subscribe.
  • When will my shares be issued?
    • Your shares will be issued once your Subscription Agreement has been countersigned by a member of the Jamestown Invest team, and after we have received your monies. We anticipate that Jamestown may issue shares on a weekly basis as monies are received and investment offers are verified.
  • When may distributions be paid?
    • While our goal is to pay distributions from our cash flow from operations, we may not generate sufficient cash flow (i) until the proceeds from this offering are fully invested and (ii) from time to time during the operational stage. In addition, we can provide no assurances that future cash flow will support payment of distributions or maintaining distributions at any particular level or at all. At the discretion of our Manager, we may use other sources to fund distributions. Until the proceeds from our public offering are invested and generating operating cash flow, some or all of our distributions may be paid from other sources, including the net proceeds of this offering, cash advances by our Manager, borrowings in anticipation of future operating cash flow and the issuance of additional securities. Once we begin to make distributions, we expect that dividends declared by our Manager will be made on a quarterly basis, or less frequently as determined by our Manager. Any distributions we make will be at the discretion of our Manager, and will be based on, among other factors, our present and reasonably projected future cash flow.  
    • You can find more detail about our anticipated distributions on pages ix, 8 and 70 in the Offering Circular
  • Can I reinvest my distributions?
    • Jamestown Invest does not offer a dividend reinvestment program at this time.
    • Further information regarding dividend reinvestment can be found on page x in the Offering Circular.
  • Can I add to my investment?
    • You may make additional investments for as long as the offer to purchase shares in Jamestown Invest is ongoing. The minimum for subsequent investments is $2,500.
  • How will I be updated on the progress of my investments?
    • We will provide you with periodic updates on the performance of your investment, including:
      • an annual report;
      • a semi-annual report;
      • current event reports for certain material events within four business days of their occurrence;
      • supplements to the offering circular, if we have material information to disclose to you; and
      • other reports that we may file or furnish to the SEC from time to time. We will provide this information to you by posting such information on the SEC’s website at www.sec.gov, on the investment portal on the Jamestown website at jamestowninvest.com, via e-mail, or, upon your request, via U.S. mail.

Tax

  • Will the distributions I receive be taxable as ordinary income?
    • Please see page x as well as the "U.S. Federal Income Tax Considerations" section on page 83 in the Offering Circular for a full description.
  • What tax forms may I receive?
    • You may receive a Form 1099-DIV Dividends and Distributions, for the fund you are invested in at the end of each calendar year, if required. In addition, we are required to send you a Form 1099-B Proceeds from Broker and Barter Exchange Transactions, in any year that you receive proceeds from a disposition of your interest in Jamestown Invest 1, LLC.
  • When may I receive my tax form(s)?
    • Tax forms, if required, will be provided to you no later than January 31st, following the calendar year of dividend or sale proceeds. Tax documents will be uploaded to the “Documents” tab of each investor’s dashboard on the investment portal on the Jamestown Invest website.  
  • What is a Form 1099-DIV and Form 1099B?
    • Form 1099-DIV is sent to investors annually and provides the tax character of any distributions (dividends and any other distributions) paid to you during the tax year.
    • Form 1099B is sent to investors when assets in the fund are sold.
  • Why have I received a Form 1099-DIV or a Form 1099B?
    • You received a Form 1099-DIV because you received distributions from your investment in the fund. To enable you to properly report these distributions to the IRS, the Form 1099-DIV shows the tax attributes of the distributions you received.
    • You received a Form 1099B because you received proceeds from a disposition of your interest in Jamestown Invest 1, LLC.