Anderson Reviews The League REIT: 2+ years and 27% later, we’re still impressed

Today I’ve decided to review one of the longer held investments in my personal portfolio: League REIT.

I just passed the two year anniversary of my own personal investment in a private Real Estate Investment Trust (REIT) managed by League Assets Corp. They score an A+ in my books.

Overall, I have been very impressed.  As usual, I took the ~10% annual cash flow out of the private REIT to see how prompt and accurate the payments were.  They never missed a payment, ever. Nor have my payments ever gone down.  In addition to my monthly cash flow paid right into my bank account, I have also seen about a 7% rise in the value of the properties listed in the League REIT, which is now independently valued by a third party.

On the communications front, I do believe the co-founder Emmanuel (Manny) Arruda dedicates a large portion of his time to keep us “member-partners” well informed.  This goes for both updates with the current League REIT investment, as well as other opportunities for capital placement as they arise. If ever I needed more info than what was provided in his updates, I would simply contact League and I am sure I’d get the answer I would be looking for. I have never got that sort of personal attention in the past, certainly not with vehicles like “mutual funds.”

League calls us “member-partners” because they belive we are part of their team. And “member-partners” we are indeed. I do get a sense that the founder Manny Arruda and Adan Gant actually do want us to be “part of the family” so to speak.  I’ve always got a very warm and personal feeling when dealing with League. Sounds warm and fuzzy, but an important trust quality when you hand thousands of dollars over to be invested.

When I was first looking at this investment, I was living in Victoria, BC and actually visited their offices and met with the founders personally and asked the probing questions.  Since then I’ve seen them around Victoria on numerous occasions, either speaking at the same events I was speaking at or seeing them give very large cheques to their favorite local charity.

As far as non-touchy feeling warm and fuzzy bass for the investment, every member-partner gets a full prospectus with balance sheets included in order to make the decision. Basically any numbers one want to see in order to evaluate the opportunity is fully disclosed.

And just the other day I got notice from AON that they have decided to insure League as well. Icing on the cake.

At the end of the day, the League REIT continues to be an impressive asset is the old portfolio, having predictably and safely paid out double digit returns over the past two years. Just FYI.

I have included them on my resources page.