Crew Campus Private REIT, a pure-play student housing REIT headquartered in Aliso Viejo, announced a performance fee waiver incentive program to benefit early investors. Following Crew Campus’ announcement in February of the acquisition of a 297-bed seed asset located near Baylor University in Waco, TX, investors are now poised to receive further benefits following changes to the offering and the launch of the incentive program.

“Investors who are accepted into the Crew Campus Private REIT during incentive periods will no longer be subject to the performance fee typically earned by the advisor,” said Jeff Daly, CEO of Crew Campus. “This Incentive Program fee waiver applies to the life of the investor’s investment; the original investment, as well as investments pursuant to the DRIP.”

Beyond the incentive program, Crew Campus is making the following changes to the offering in its most recent supplement: there will be no disposition fees associated with the sale of private REIT assets; the advisor’s performance allocation is being updated; and the minimum investment requirement is being reduced from $25,000 to $5,000.

Pictured: Oso Verde student housing in Waco, TX.

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