How it WorksStudents and their parents pay rent which we distribute to you1
With $5 or more you can buy shares and own a piece of our Real Estate Investment Trust (REIT).
Our portfolio of properties generates monthly rental payments from students and their parents.
We pay you cash dividends every month.2
Why Invest with Rich Uncles?Rich Uncles Student Housing REIT was founded for a single purpose - to make real estate investment easier and less expensive.
- 150-bed minimum capacities
- 90%+ rental occupancy rates
- Broad geographic diversification
Frequently Asked Questions
Note: Rich Uncles Student Housing REIT is an offering program sponsored by BrixInvest, LLC (dba Rich Uncles, LLC). There is no guarantee that Rich Uncles Student Housing REIT will meet any of its objectives stated above.
1The amount of distributions Rich Uncles Student Housing REIT may pay, if any, is uncertain. Due to the risks involved in the ownership of real estate and real estate-related investments, there is no guarantee of any return on your investment in Rich Uncles Student Housing REIT and you may lose money.
2The payment of dividends is not guaranteed. Rich Uncles Student Housing REIT may not generate sufficient cash flows from operations to fully fund distributions paid and distributions may exceed earnings. Therefore, Rich Uncles Student Housing REIT may pay distributions in whole or in part from the waiver or deferral of fees otherwise due to its advisor. Rich Uncles Student Housing REIT will not use the proceeds from sales of common stock or borrowed money to pay distributions but rather will pay distributions from operations and, as elected solely by its advisor from deferred reimbursements and fees.
3Estimated 10% savings in broker/dealer commissions based on the aggregation of the following fees: (i) 5% to 7% sales commission paid to a broker-dealer or financial planner for soliciting the REIT investment; (ii) 2% to 3% often paid to a dealer manager for managing the sales effort; and (iii) 1% to 2% paid to the dealer manager, broker-dealer or financial planner to reimburse costs associated with a due diligence review of the offering. Investment in our shares still involves substantial fees, which may exceed fees paid by other non-traded REITs for the same services. You should carefully review the offering circular for a full discussion of the fees that will be charged.
4Repurchases are made pursuant to an established share repurchase program and are subject to limitations more fully described in the offering circular, including, but not limited to the following: (i) the repurchase price depends on the holding period of shares and ranges from 97% of the most recently published net asset value (NAV) or in the absence of a published NAV, $4.85 per share (which is equal to 97% of the $5.00 per share price in this offering) for shares held less than one year to 100% of the most recently published NAV, or in the absence of a published NAV, then $5.00 per share for shares held for at least three years; (ii) repurchases are limited to 5% of the weighted-average number of outstanding shares during the prior 12-month period; and (iii) the repurchase program can be terminated or amended at any time.
Brix Student Housing REIT, Inc. (dba Rich Uncles Student Housing REIT) has filed a notice of qualification (including an offering circular) with the U.S. Securities and Exchange Commission (SEC) for the offering of its common stock. The offering is made only by the offering circular, a copy of which is available here. Alternatively, Rich Uncles will arrange to send you the offering circular if you request it by calling toll-free (855) Rich-Uncles or emailing firstname.lastname@example.org. Any investment in the common stock of Brix Student Housing REIT, Inc. should be evaluated in conjunction with the offering circular in order to fully understand all of the implications and risks of the offering of common stock to which the offering circular relates. Neither the SEC, the Attorney General of the State of New York nor any other state securities regulator has approved or disapproved the common stock of Brix Student Housing REIT, Inc., determined if the offering circular is truthful or complete or passed on or endorsed the merits of the offering of common stock. Any representation to the contrary is a criminal offense.