Frequently Asked Questions

Buligo Capital invests in U.S. real estate with a research-driven, risk-managed approach. We aim to target assets with durable demand, healthy local fundamentals, and clear value-creation plans. Major sectors include multifamily, logistics and light industrial, senior housing, and grocery anchored retail. We aim to apply conservative underwriting, strong alignment of interests, and hands-on asset management to help protect capital and support steady, risk-adjusted outcomes over the long term.

Buligo Capital sources opportunities via local partners, brokers, lenders, and data platforms, and generally seeks off-market or less competitive opportunities. Each asset typically undergoes detailed underwriting, including rent and expense benchmarking, cap-ex planning, and sensitivity analysis across key variables such as occupancy, interest rates, and exit cap rates. We also review market fundamentals—such as population trends and new-supply pipelines, as well as operator capabilities, and execution capabilities, and we generally aim to structure financing conservatively. Investment decisions are made on a case-by-case basis, and we generally consider opportunities where we believe the business plan is well-defined and key risks have been identified with practical mitigation measures; however, any investment is subject to market conditions and other risks.

Eligibility depends on jurisdiction and offering terms. Many private offerings are open to accredited investors, generally individuals or entities meeting income, net-worth, or professional criteria set by applicable securities laws and regulations. These criteria are intended by regulators to help determine whether an investor may participate in certain private offerings, which can involve material risks and limited liquidity. Prospective investors should review the applicable offering documents carefully and consult their legal, tax, and financial advisers. To begin the eligibility/verification process, please contact Buligo Capital’s investor relations team.

There is no single “best” strategy. Buligo Capital’s approach is to align strategy with prevailing market conditions and investor goals, balancing income, downside protection, and value creation. We tend to focus on fundamentals-led themes, for example, housing affordability, small-bay industrial with supply constraints, and demographic demand in senior housing. Across cycles we favor disciplined acquisition pricing, conservative leverage, and active asset management, rather than short-term market timing. As with any real estate investment strategy, outcomes depend on execution, market conditions, and other risks.

Private real estate is typically illiquid. Investments with Buligo Capital are designed for multi-year hold, and routine early withdrawals are not available. At the same time, some income-producing assets may make quarterly cash distributions from property cash flow, subject to performance, reserve needs, and governing documents, so principal remains committed while income may be paid out. For clarity on liquidity and distribution schedules in a specific offering, speak with our investment representative.

Buligo Capital generally provides periodic reporting, typically on a quarterly basis, such as financial statements, narrative updates, and material property-level updates. Investors receive capital account statements and tax documents when applicable. We also seek to communicate major events in timely manner and may host update calls or webinars. Reporting cadence and content are defined in the applicable offering documents and are made available in the investor portal.

Key risks may include market and interest-rate cycles, new supply, operating costs, financing conditions, and execution at the asset level. Buligo Capital mitigates risk through conservative underwriting, diversified pipelines, prudent debt strategies, and active management; however, risk cannot be eliminated. Investments are typically held in special-purpose entities with defined governance, reputable third-party service providers, and regular reporting to enhance alignment and transparency.

Tax treatment depends on structure and residency. Buligo Capital investments may issue U.S. forms such as Schedule K-1 or Form 1099. Non-U.S. investors may be subject to withholding and local filing requirements. Please consult a qualified tax advisor and review offering documents for expected reporting. Have additional tax questions? Contact our investment representative and we will be glad to assist or refer you to a few tax advisors for you to choose from.

General speaking, IRR is the annualized, time-weighted return on invested capital. Equity multiple is total cash returned divided by total equity invested. Cap rate is net operating income divided by value or price, a common yield and pricing metric. Buligo Capital reports these metrics, alongside indicators such as occupancy, rent growth, leverage, and cash distributions, to help investors evaluate performance and risk. These metrics have limitations and should be considered together with the full offering materials.

Higher interest rates raise borrowing costs and can contribute to upward pressure on cap rates, which may, in turn, put downward pressure on property values. Buligo Capital seeks to manage interest rate exposure through prudent use of leverage, fixed rate or hedged debt where appropriate, and underwriting that stresses refinance and exit scenarios. When rates stabilize or decline, well-located assets with durable cash flow and supportive supply-demand dynamics may be better positioned to withstand volatility. However, outcomes depend on market conditions, execution, and other risks.