What is the minimum investment in an IHS LLC?
Each LLC consists of membership units currently established at $200,000 each. The minimum investment in each LLC is one membership unit. For IHS planning purposes, a signed commitment to fund “qualifies” one for participation in a given LLC, with actual funding required in sufficient time to ensure we can close. Generally speaking, funding will be required three weeks prior to a scheduled closing date. (Please note: member funds are not used to support administrative or corporate activities at Icon Hospitality Services.) What is the typical investment term? As noted above, participation is an IHS LLC typically involves an investment horizon of 5-10 years. At the end of the term, the property is sold, the LLC is dissolved, and the remaining capital and proceeds are distributed to the members. An “early exit” might occur if the total membership or individual members were prepared to buy you out should you desire to exit prior to sale of the hotel. What are Member Distributions and when a
