Buck Joffrey interviews Jason Ricks about Single-Tenant Triple Net-Leased Real Estate and Liberty’s unique investment fund that utilizes blockchain technology.
April 17, 2021 | THE WEALTH FORMULA E260
Jason Ricks, Chief Operating Officer (COO) of Liberty Real Estate Fund LLC, joins Buck Joffrey on episode 260 of the Wealth Formula podcast. In the episode, Jason and Buck discuss how Single-Tenant Net-Leased (STNL) real estate has the most advantageous structure for investors and businesses. The benefits of STNL, also known as Triple Net (NNN), properties include stable monthly income coming from creditworthy tenants who pay a property’s taxes, insurance and maintenance fees. Jason also shares how Liberty has backed a diverse portfolio of net lease properties by tokenizing the hard assets with the blockchain technology of Security Tokens. These digital securities allow investors all over the world to invest in Liberty’s diverse Triple Net lease properties while increasing their liquidity and investor optionality.
A huge thanks to Buck Joffrey for hosting Jason Ricks, COO of Liberty Real Estate Fund, on his podcast!
Contact Buck Joffrey:
Timestamped Shownotes:
11:03 – Host James Kandasamy introduces Jason Ricks, COO of Liberty Real Estate Fund LLC (Liberty)
12:12 – Jason Ricks, COO of Liberty, explains his background and experience in commercial real estate (CRE) and Single Tenant Net Lease (STNL) properties
13:15 – What is a Single-Tenant Net-Lease (STNL) property?
14:14 – Why does STNL commercial real estate have historically high occupancy and is still in high demand today?
15:25 – How are Triple Net (NNN) lease properties like bonds wrapped in real estate?
16:25 – How does Liberty assess tenants for their net lease (STNL) deals?
17:55 – How does Triple Net real estate provide fixed income for investors?
19:27 – How does Liberty evaluate Triple Net deals with their geographic settings?
21:04 – Why would investors choose to invest in a fund over a single NNN property?
22:11 – What kinds of businesses did Liberty choose for its diverse portfolio of STNL properties?
24:41 – What is a Security Token Offering (STO)?
25:19 – How does tokenizing real estate increase liquidity and stability?
28:02 – How do Security Tokens open up optionality for investors in the real estate market on the blockchain?
32:14 – What exchanges is Liberty using for blockchain transactions?
34:38 – How is tokenized real estate tax-efficient?
3 Key Points:
- Triple Net (NNN) and Single Tenant Net Lease (STNL) properties have long-term leases with quality-credit tenants, providing investors with regular monthly passive income
- Blockchain technology opens stable, secure Net Lease investment opportunities
- Tokenizing Net Lease Real Estate increases optionality and liquidity for investors internationally
Contact HERE
*Note: Liberty Real Estate Fund LLC and Liberty Equity Management LLC (collectively LibertyFund.io) have made every attempt to ensure the accuracy and reliability of the information provided. Liberty cannot not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained herein. The information herein considered legally-binding legal advice, tax guidance, or financial counsel.
Jason Ricks, CCIM is a Principal and the COO of Liberty Real Estate Fund LLC, the World’s First Net Lease Security Token FundTM, as well as a Concordia Equity Partners principal whose primary focus is on acquisitions, leasing, and development. Jason is a native Texan, professional real estate investor and certified commercial investment member (CCIM). Jason’s background in retail leasing and asset management make him an invaluable member of Concordia’s team for developing strategies to unlock the value of a property. Jason also has extensive experience and familiarity with south and southwestern US markets. Jason’s most recent experience is with AMLI Residential as the Vice President for Retail Asset Management where he established and has led the mixed-used Retail Asset Management team working on premier properties worth hundreds of millions across the country. Prior to that, he served as an Asset Manager for BH Properties where he oversaw a 2.2 million square foot value-add retail portfolio throughout Texas and Oklahoma. Jason broke into the commercial real estate business as a Shopping Center broker for Tarantino Properties. He received his BS in Business Management from Oklahoma State University, where he was a Team Captain for the Oklahoma State Football Team (The Cowboys). Jason is an active member of the International Shopping Counsel of Centers (ICSC). Most recently, he was featured in the #1 Amazon bestselling book: DESIRE, DISCIPLINE & DETERMINATION (2019).
Jason has also been featured as a guest on NPR, the Nothing But Net Show podcast, Simple Passive CashflowPodcast, and Commercial Real Estate Investing from A-Z podcast.
Liberty Real Estate Fund LLC is The World’s First Single-Tenant Net-Lease Security Token FundTM, joining 30 plus years of institutional real estate investment experience with blockchain technology to deliver very stable, diversified, tax efficient returns combined with liquidity, security and transparency.
Liberty is a real estate investment fund that acquires Single-Tenant Net-Leased (NNN) essential business retail, auto service and medical properties in the United States. It is designed for investors to achieve: Geographic Diversification; Industry Diversification; Tenant Credit Strength and is built with hard assets that have intrinsic value. Our portfolio of Net Lease properties is constructed with brand name Essential Businesses operating in high growth markets throughout the United States. These Net Lease assets have long term contractual rents backed by excellent brand name, well capitalized companies.
Liberty is focused on investing in high quality, well located Single-Tenant Net-Leased (NNN) properties in targeted high growth, low tax areas of the United States. The portfolio has been specifically designed to provide stable, recession resistant income combined with inflation protected wealth preservation and equity growth.
Liberty was founded by an experienced real estate team who believes that Security Tokens are superior to traditional investment methods because investors will benefit from the liquidity, cost efficiency and transparency provided by the blockchain.
*Note: Liberty Real Estate Fund LLC and Liberty Equity Management LLC (collectively LibertyFund.io) have made every attempt to ensure the accuracy and reliability of the information provided. Liberty cannot not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained herein. The information herein considered legally-binding legal advice, tax guidance, or financial counsel.
DISCLOSURES, LEGAL AND TAX COUNSEL: Liberty Real Estate Fund LLC and Liberty Equity Management LLC (collectively “Liberty”) and their affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction or undertaking. Liberty highly encourages individuals and investors to seek the counsel of a qualified attorney as well as seek the counsel of a tax professional or Certified Public Accountant (CPA) to determine if there are any potential tax liabilities or consequences as the result of anything contained herein. NO GUARANTEE: All users of this website should understand there are NO GUARANTEES of any success, outcome or profitability of any transaction or undertaking, expressed or implied by Liberty or any of its members, shareholders, officers or affiliates and will NOT be liable for any financial or other losses or damages incurred as a result of any undertaking. Go HERE to view complete DISCLOSURES.
