MCP Advisers provides investment advisory services to pooled investment vehicles, focusing on sourcing, managing, and disposing of real estate investments in the Sun Belt region of the United States. MCP advises portfolios like the Sun Belt Growth Fund, LP. MCP does not provide advisory services directly to investors of a Fund.
MCP Advisers is compensated with an asset management fee, generally 2% per year, calculated either as a percentage of commitments or actively invested capital, as defined in the partnership agreements. During the investment period, the fee is calculated on the commitment of each non-affiliated Limited Partner and paid quarterly. After the investment period, the fee is calculated quarterly based on actively invested capital. MCP may also charge market rates for services provided to the underlying properties, such as leasing, construction management, and legal leasing related services.