June 11, 2019, Kennewick, WA. – Global Summit Management, a seasoned private commercial real estate investment firm, announced today the launch of its $2.2 M Apple Brooke Income Fund, created to address the shortage of child behavioral health care facilities in the Spokane, WA area. Through the acquisition of single-family homes in the Spokane area and leasing them to reputable third-party child behavioral health care providers, Global Summit Management is determined to meet the shortage head-on.
Global Summit Management is using the recently created JOBS Act 506(c) financing vehicle to raise $2.2 million by advertising its private offering. Accredited investors may also use 401(K) and IRA accounts to fund 506(c) investments. The Secured Term Certificates being offered through the Apple Brooke Income Fund pay fixed interest of 6.0% and 7.0% carrying terms of 24 months and 36 months respectively. The Certificates will be secured by the assets of the company.
Prior to the JOBS Act, small businesses largely relied on friends and family, venture capitalists and investment bankers to find investors for their private offerings since advertising was prohibited. And if you were an investor, unless you were well-connected or ultra-wealthy, private investment opportunities were hard to come by. Global Summit Management is proud to leverage the JOBS Act to provide access to a broader group of Accredited Investors, including investors seeking to align their social interests with those of the Fund.
Child behavioral health care facilities represent a commercial real estate segment that is vastly undersupplied throughout the country and in the Spokane area. The shortage of proper mental health facilities available to children is at crisis levels in the area and Global Summit Management has stepped up to offer Accredited Investors an opportunity to partner with an experienced commercial real estate investment firm to meet this need head-on. Additionally, by teaming up with reputable third-party providers such as Apple Brooke, Inc. to offer unique residential-type inpatient treatment facilities to children in need, Global Summit Group seeks to not only ease demand for these facilities, but also the burden imposed on families desperate to give their children the care they deserve.
To find out how to invest in Apple Brooke Income Fund, visit our website: www.AppleBrookeIncomeFund.com.
* Global Summit Management LLC is not a registered broker, dealer, investment advisor, investment manager or registered funding portal. The securities offerings on this site are available only to Accredited Investors. The securities are offered in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended, and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. Neither the Securities and Exchange Commission, nor any state or provincial regulator has passed upon the merits of or given its approval to the securities, the terms of the offerings, 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 entire investment. All investors should make their own determination of whether or not to make any investment, based on their own independent evaluation and analysis.