ProLegacy Fund, LLC
Single Tenant Net Lease Investments
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ProLegacy Fund, LLC (the “Company” or the “Fund”) was formed for the purpose of acquiring and managing Single Tenant Net Lease (“STNL”) properties and certain value-add opportunistic real estate assets. The Company will seek to acquire and manage high quality real estate assets with the intention of providing participating investors with a real estate focused investment opportunity that combines
The ProLegacy Fund, LLC is managed by Guardian Legacy, LLC (the “Manager”), a Florida limited liability company. Rafael Hernandez serves as a primary Principal with Guardian Legacy, LLC. The commercial real estate properties acquired by the Fund will be managed by PIMO Capital Management, LLC (“PIMO”), which specializes in real estate management and operations. There are related parties with regards to ownership and management between individuals at Guardian Legacy, LLC and PIMO Capital Management, LLC (See “Operations - Related Parties”).
The management team at PIMO Capital Management, LLC is led by Mr. Hernandez, Kenneth Golden, and Angelica Hernandez.
PIMO Capital Management, LLC is a full-service commercial property management company providing a range of services to the funds real estate portfolio. The PIMO management team’s hands-on experience accounts for over 40 years of excellent service and proven results. PIMO’s innovative commercial property management strategies help reduce property operating costs and can potentially enhance property value. PIMO Capital Management, LLC will be a key partner to the Fund with regards to the leasing and management of real estate assets acquired by the Fund.
Moody’s analysts predict the U.S. retail sector’s operating income will increase 3.5% to 4.5% in 2018, with sales jumping 4.5% as well.
"We expect the national economy to continue to perform well in 2018. It will likely be one of the best growth years of the expansion, and it could well be the strongest year for GDP growth of the entire expansion so far."
The Company is currently managed by seasoned business and sector professionals dedicated to the success of the Company and the efficient execution of its planned operations.
Rafael Hernandez serves as a Principal and Managing Director of Guardian Legacy, LLC with the key role of taking the ProLegacy Fund, LLC into a growth path where wealth creation, income distributions and capital preservation for investors are the main objectives. Mr. Hernandez has over 20 years of experience with proven results in the commercial real estate industry. He has a Bachelor’s Degree in Economics and Management from the State University of New York at Cortland. As team leader he has developed high quality business strategies with short and long term objectives. He has developed a high performing managerial team to achieve goals and remain consistent with the overall strategy of the company’s vision.
Investor Relations Director
Erik L. Halvorssen, Investor Relations Director, with over 21 years of experience in the banking and finance industry, is responsible for consistently and clearly communicating the Fund’s investment message to potential and existing accredited investors. Since 1997, Mr. Halvorssen has worked in key positions with the most prominent wealth management organizations in the US and Europe and has extensive experience in the family office services industry. Mr. Halvorssen studied economics at Universidad Católica Andrés Bello.
Kenneth Golden Operations Director, with his hands-on approach, he oversees management and operations of various properties. Mr. Golden owned and operated a successful electronics company for over 30 years. He has over 15 years of experience in property and facilities management. His position is vital to real estate profits over the long run. He graduated from New York Institute of Technology, with a degree in electrical engineering. Mr. Golden is a member of the senior management team; he develops management strategies and contributes to the development of the company’s managerial goals.
Jo-Ann Berry is a seasoned accounting professional with over 30 years of experience, with focus in commercial real estate accounting. Ms. Berry oversees the overall general ledger with a focus on controller responsibilities. She holds her bachelors in accounting from Albright College and her MBA from Rutgers University. Jo-Ann is responsible for the company’s financial reporting, such as its monthly, quarterly, and annual accounts. Her key responsibilities are to ensure the validity and the accuracy of the company’s financial records. She has shown leadership to optimize the company’s financial performance and strategic position.
Gus Serga, property manager, oversees general building maintenance and operation of multiple commercial buildings. He has over 20 years of experience in commercial property management as a building operator. With Mr. Serga’s hands-on approach he has become vital to our leadership team. He manages tenants, deals with maintenance requests, and handles emergency situations.