Olmsted Properties Update 13 February 2020

On 13th January 2014, the first of five Olmsted Corporate Bonds raising capital for investment into U.S. Residential property was launched in the UK. This series of five year bonds would go on to raise over £15million at an average of £3million each, with capital secured against the respective portfolio of properties acquired.

We are pleased to announce that the first of these five corporate bonds has now redeemed, having fulfilled its obligations to 53 individual bondholders whilst successfully delivering an average return on investment of 53.17% for the 5 year bond.

Crucially, this has been achieved by Olmsted with the support of its bondholders who have allowed it additional time to liquidate certain US real estate assets to fund remaining redemptions.

The second bond in the Olmsted stable, Olmsted Corporate Bonds II, has now also begun redeeming its earliest bondholders as their respective five year terms conclude. As was the case with the first Olmsted bond, Olmsted U.S. II, LLC is running behind on its funding timetable in many cases and they are thankful for the continuing support and patience of bondholders in allowing additional time to conclude property sales and closings in the US to fund these redemptions.