MULTI-FAMILY
& INDUSTRIAL
SYNDICATIONS
THE SHANNON ROBNETT SYNDICATION ADVANTAGE
35+ YEARS, $425M PROJECTS, AVERAGE 25% IRR
Unlike traditional real estate investments that force investors to choose between high returns and security, Shannon’s syndications deliver both through vertical integration, conservative underwriting, and ground-up development strategies that create value from inception rather than depending on market appreciation.
5 CRITICAL PROBLEMS SOLVED
Unpredictable Returns and Market Volatility
Lack of Downside Protection and Risk Mitigation
Limited Access to Premium Opportunities
Tax Inefficiency
and Missed Opportunities
Operational Complexity and Management Challenges
01 The Multi-Family
Syndication Advantage
Ground-Up Development Creates Superior Returns
Shannon’s multi-family syndications focus on ground-up development that consistently outperforms value-add investments. Recent projects demonstrate this advantage:
- Central Park Commons: 114% total ROI over 4 years
- Colorado Commons: 39% total ROI in just 18 months
- The Jasmine (200 units): Strategic acquisition and development in high-growth Boise market
Conservative Underwriting Ensures Predictable Returns
Shannon’s underwriting approach prioritizes investor protection:
- Always underwrites to 8-cap minimum regardless of market conditions
- Assumes higher interest rates than current market conditions
- Conservative rent projections based on 3% annual growth rather than aggressive assumptions
- Permanent financing rather than bridge loans for long-term stability
Market Focus Provides Competitive Advantages
Shannon’s concentrated expertise in high-growth markets like Boise, Idaho provides significant advantages:
- Over 30 years of local market knowledge
- Established relationships with city officials, contractors, and lenders
- Deep understanding of local market dynamics and growth patterns
- Forbes recognition of Boise as one of America’s fastest-growing cities
02 The Industrial
Syndication Advantage
Industrial: The "Bond of Real Estate"
Shannon considers industrial real estate to be the “bond of real estate” due to its stability and predictable returns. Key advantages include:
- Triple-Net Lease Structure: Tenants pay all property expenses including property taxes, insurance, maintenance, and utilities
- Longer Lease Terms: 5-10 year leases with 3-5% annual increases provide predictable cash flow
- Business-Quality Tenants: Business owners with balance sheets and personal guarantees
- Lower Volatility: Higher cap rates and more stable returns than multifamily
Diverse Tenant Mix Reduces Risk
Shannon’s industrial properties house a diverse mix of businesses:
- Professional Services: Cabinet makers, garage door installers, pool services
- Manufacturing: Gelato ice cream production, window tinting
- Recreational: Cheerleading camps, karate dojos
- Technology: Virtual reality companies and tech startups
Recession-Resistant Business Model
Industrial tenants provide superior stability during economic downturns:
- Established Businesses: Tenants have ongoing operations and customer relationships
- Moving Costs: High costs of relocating business operations create tenant stickiness
- Essential Services: Many tenants provide essential services that continue during recessions
- Personal Guarantees: Business owners personally guarantee lease obligations
Investor-First Approach
Shannon’s investor-first philosophy prioritizes investor returns and protection:
- Conservative Projections: Always exceed proforma projections through conservative underwriting
- Regular Communication: Quarterly updates and transparent reporting
- Risk Mitigation: Multiple layers of protection through vertical integration
- Tax Optimization: Structured for maximum tax benefits and after-tax returns
03 The Vertical
Integration Advantage
Complete Control Over Investment Process
Shannon’s vertically integrated model provides unprecedented control:
- Development: In-house land acquisition, entitlement, and development
- Construction: Phoenix Commercial Construction eliminates contractor risk
- Management: Executive Management Services provides professional property management
- Financing: Established relationships with lenders and capital sources
Cost Advantages Through Integration
Vertical integration eliminates third-party markups and reduces project costs:
- No General Contractor Markup: Self-performance eliminates 15-20% markup
- Direct Vendor Relationships: Established relationships provide better pricing
- Quality Control: Direct oversight ensures superior construction quality
- Timeline Management: Integrated approach reduces project delays
Risk Mitigation Through Expertise
Shannon’s decades of experience across all aspects of real estate provide superior risk mitigation:
- Construction Expertise: Second-generation builder with proven track record
- Development Knowledge: 35+ years of successful project development
- Market Expertise: Deep understanding of local markets and growth patterns
- Financial Acumen: Sophisticated understanding of real estate finance and structuring
04 Tax Benefits and
Wealth Building Strategies
Superior Tax Advantages
Shannon’s syndications provide powerful tax benefits:
- Depreciation Deductions: Accelerated depreciation through cost segregation studies
- Bonus Depreciation: First-year write-offs on qualifying property components
- Tax Credits: Additional credits for new construction projects
- Pass-Through Structure: Direct tax benefits to individual investors
Wealth Preservation and Growth
Shannon’s approach focuses on long-term wealth building:
- Inflation Protection: Real estate investments provide hedge against inflation
- Appreciation Potential: Ground-up development creates superior appreciation
- Cash Flow Generation: Predictable income throughout hold periods
- Tax-Efficient Structure: Minimize tax burden while maximizing returns
01 The Multi-Family
Syndication Advantage
Ground-Up Development Creates Superior Returns
Shannon’s multi-family syndications focus on ground-up development that consistently outperforms value-add investments. Recent projects demonstrate this advantage:
- Central Park Commons: 114% total ROI over 4 years
- Colorado Commons: 39% total ROI in just 18 months
- The Jasmine (200 units): Strategic acquisition and development in high-growth Boise market
Conservative Underwriting Ensures Predictable Returns
Shannon’s underwriting approach prioritizes investor protection:
- Always underwrites to 8-cap minimum regardless of market conditions
- Assumes higher interest rates than current market conditions
- Conservative rent projections based on 3% annual growth rather than aggressive assumptions
- Permanent financing rather than bridge loans for long-term stability
Market Focus Provides Competitive Advantages
Shannon’s concentrated expertise in high-growth markets like Boise, Idaho provides significant advantages:
- Over 30 years of local market knowledge
- Established relationships with city officials, contractors, and lenders
- Deep understanding of local market dynamics and growth patterns
- Forbes recognition of Boise as one of America’s fastest-growing cities
02 The Industrial
Syndication Advantage
Industrial: The "Bond of Real Estate"
Shannon considers industrial real estate to be the “bond of real estate” due to its stability and predictable returns. Key advantages include:
- Triple-Net Lease Structure: Tenants pay all property expenses including property taxes, insurance, maintenance, and utilities
- Longer Lease Terms: 5-10 year leases with 3-5% annual increases provide predictable cash flow
- Business-Quality Tenants: Business owners with balance sheets and personal guarantees
- Lower Volatility: Higher cap rates and more stable returns than multifamily
Diverse Tenant Mix Reduces Risk
Shannon’s industrial properties house a diverse mix of businesses:
- Professional Services: Cabinet makers, garage door installers, pool services
- Manufacturing: Gelato ice cream production, window tinting
- Recreational: Cheerleading camps, karate dojos
- Technology: Virtual reality companies and tech startups
Recession-Resistant Business Model
Industrial tenants provide superior stability during economic downturns:
- Established Businesses: Tenants have ongoing operations and customer relationships
- Moving Costs: High costs of relocating business operations create tenant stickiness
- Essential Services: Many tenants provide essential services that continue during recessions
- Personal Guarantees: Business owners personally guarantee lease obligations
Investor-First Approach
Shannon’s investor-first philosophy prioritizes investor returns and protection:
- Conservative Projections: Always exceed proforma projections through conservative underwriting
- Regular Communication: Quarterly updates and transparent reporting
- Risk Mitigation: Multiple layers of protection through vertical integration
- Tax Optimization: Structured for maximum tax benefits and after-tax returns
03 The Vertical
Integration Advantage
Complete Control Over Investment Process
Shannon’s vertically integrated model provides unprecedented control:
- Development: In-house land acquisition, entitlement, and development
- Construction: Phoenix Commercial Construction eliminates contractor risk
- Management: Executive Management Services provides professional property management
- Financing: Established relationships with lenders and capital sources
Cost Advantages Through Integration
Vertical integration eliminates third-party markups and reduces project costs:
- No General Contractor Markup: Self-performance eliminates 15-20% markup
- Direct Vendor Relationships: Established relationships provide better pricing
- Quality Control: Direct oversight ensures superior construction quality
- Timeline Management: Integrated approach reduces project delays
Risk Mitigation Through Expertise
Shannon’s decades of experience across all aspects of real estate provide superior risk mitigation:
- Construction Expertise: Second-generation builder with proven track record
- Development Knowledge: 35+ years of successful project development
- Market Expertise: Deep understanding of local markets and growth patterns
- Financial Acumen: Sophisticated understanding of real estate finance and structuring
04 Tax Benefits and
Wealth Building Strategies
Superior Tax Advantages
Shannon’s syndications provide powerful tax benefits:
- Depreciation Deductions: Accelerated depreciation through cost segregation studies
- Bonus Depreciation: First-year write-offs on qualifying property components
- Tax Credits: Additional credits for new construction projects
- Pass-Through Structure: Direct tax benefits to individual investors
Wealth Preservation and Growth
Shannon’s approach focuses on long-term wealth building:
- Inflation Protection: Real estate investments provide hedge against inflation
- Appreciation Potential: Ground-up development creates superior appreciation
- Cash Flow Generation: Predictable income throughout hold periods
- Tax-Efficient Structure: Minimize tax burden while maximizing returns
WHY NOW IS THE OPTIMAL TIME TO INVEST
Market Dislocation Creates Opportunities
Current market conditions provide exceptional opportunities for experienced developers:
• Construction Costs Stabilizing: Supply chain improvements and material cost stabilization
• Competition Reduction: Many developers have pulled back due to market uncertainty
• Financing Opportunities: Established relationships provide access to capital
• Demand Fundamentals: Continued housing shortage drives strong demand
Interest Rate
Environment Benefits
While interest rates have increased, experienced developers benefit from:
• Permanent Financing: Long-term debt provides stability during rate cycles
• Conservative Underwriting: Higher rate assumptions in pro formas provide cushion
• Competitive Advantages: Established relationships provide better financing terms
• Development Opportunities: Reduced competition creates better acquisition opportunities
Long-Term
Demographic Trends
Fundamental drivers support continued strong performance:
• Housing Shortage: 4-6 million housing units shortage in America
• Population Growth: High-growth markets like Boise continue rapid expansion
• Employment Growth: Diversified economy attracts new businesses and residents
• Infrastructure Investment: Continued investment in infrastructure supports development
Join investors achieving consistent 24–29% IRR with Shannon Robnett’s proven development model.
