Introducing our Funds

Watch overview by Mike Zlotnik - Tempo Opportunity fund vs tempo growth fund

Comparison for TOF vs. TGF

Funds Details Tempo Opportunity Fund LLC Tempo Growth Fund LLC
Investment Objective Income & Growth Growth
Fund strategy Fund invests in a broad range of residential and commercial real estate projects, syndications and other funds across many sectors such as multifamily, self-storage, shopping centers, industrial, office, hotel conversion to multifamily, and other strategies.Both Income focused (performing) and growth focused (value-add) deals are a part of the investment strategy. Fund invests in a broad range of residential and commercial real estate projects, syndications and other funds across many sectors such as multifamily, self-storage, shopping centers, industrial, office, hotel conversion to multifamily, and other strategies.Fund is focused primarily on Growth (value-add) investments and projects.
Target average annual return 10 – 13% 12 – 18%
Annual distributable Income (approximately) 7-8% 0%
Annual Growth (approximately) 3 – 5% 12-18%
Diversification Great
Over 80 assets in the fund spread over Multifamily, Self-Storage, Commercial and Residential Notes, Portfolios of turn-key houses, Office, Shopping plazas, Hotel conversions to multifamily, any other strategies in many regions of US
Great
20-30 commercial investments in value-add Multi-family, conversions of Hotels to affordable housing, conversions of Office to multifamily, Distressed and Discounted commercial notes, Self-Storage and others, across many regions of the US
Portfolio Allocation benefits Single Investment in the fund provides instant diversification across the entire portfolio.You can write one bigger check into the fund and participate in many strategies instead of writing a lot of checks to diversify directly. Single Investment in the fund provides instant diversification across the entire portfolio.You can write one bigger check into the fund and participate in many strategies instead of writing a lot of checks to diversify directly.
Best Access Point Access to deals that not available to public.
And elevated economic terms vs. going into some deals directly as TOF often receives better terms through side-letters driven by bigger checks and our relationships with sponsors
Access to deals that not available to public.
And elevated economic terms vs. going into some deals directly as TGF often receives better terms through side-letters driven by bigger checks and our relationships with sponsors
Tax efficiency Good
Good Depreciation benefits and some portion of the return comes as capital gains
Great
Massive Depreciation benefits, and most of the income comes as capital gains
IRA friendly Yes Yes
Fund Type Open-ended.
There is no maturity or expiration date. Basically, the fund is “evergreen”.
Close-ended.
The fund will close its capital raising on or before March 9th, 2022.
Distributions Quarterly No initial distributions.
Distributions will take place likely starting from 2022, and will be “clumpy” driven by Refinancing or Sale of Investments
Reinvestment of distributions Yes No
Subscriptions & Redemptions Quarterly Subscriptions are open now until the fund closes, latest date is Mar of 2022.There is no redemption mechanism.Investors will be in the fund for the life of the fund.
Capital Calls N/A Each Capital call is issued when TGF is ready to make one or more investments.Time between subscription date and capital call date can very from a few days to a few months.On average, we issue a capital call every 1.5-2 months.
Investment Period Ongoing (no end-date, “evergreen”) New deals maybe funded through Jan 16, 2023. Investment period end 12 months after the last subscription date.
Lock-in period / Investment Duration 2 Years N/A
Risk Adjusted Return Superior!
Low Fund Fees,
Strong Preferred Return,
Investor heavily favored Performance Split
Superior!
Low Fund Fees,
Strong Preferred Return,
Investor heavily favored Performance Split
Fund Fees 2% – annual fund management fee
0.6% – approximate cost of fund administration, annual audit and tax filing,
0% – asset acquisition fees
2% – annual fund management fee
0.5% – approximate cost of fund administration and tax filing,
1% – asset acquisition fees
Preferred Return and Performance Split 7% (cumulative) preferred return,
80/20 split for Class A units,
70/30 split for Class B units,
60/40 split for Class C units.
8% (cumulative) preferred return,
80/20 split for Class A units,
70/30 split for Class B units.
Unit Classes Class A units: $1,000,000+ invested
Class B units: $500,000 – $999,999
Class C units: $100,000 – $499,999
Class A units: $1,000,000+ invested
Class B units: $250,000 – $999,999
Traditional IRA to Roth IRA conversion benefits No Yes
returns looks like a “J” curve,
convert in 2022 or 2023 at ~ 20-40% lower statement value
(consult with your CPA)
Tax form and timing Investors need to file for extension every year. The Fund projects to have taxes filed and K-1s completed in July-Aug. Investors need to file for extension every year. The Fund projects to have taxes filed and K-1s completed in June-July.
COVID-19 Pandemic Created Investment Opportunities Fund is allocating a substantial amount of capital to “conversion of Hotels to affordable multifamily”, “conversion of Office to multifamily” and similar opportunities created by the COVID-19 Pandemic. Fund is allocating a substantial amount of capital to “conversion of Hotels to affordable multifamily”, “conversion of Office to multifamily” and similar opportunities created by the COVID-19 Pandemic.
Special benefits All points and fees collected on hard money loans go to the fund to enhance investor returns, rather than the manager  
Freedom Founders & Mile Marker Club members special benefits Higher Class of Units based on combined investment in TOF & TGF, e.g. $500K in TGF and $500K in TOF = $1M total, and therefore Class A units in TOF Access to class A units without $1M minimum investment for FF, MMC and other affiliated member groups.
Higher Class of Units based on the combined investment in TOF & TGF concept applies here too.