CAPITAL STRUCTURE: JV Equity
Closed-end fund offering a longer-term hold period is seeking to deploy discretionary funds into pari-passu promotable LP positions
Check size: $1 million - $10 million
Co-Invest: 95%/5% to 50%/50%
Target returns: 5% to 8% annual cash yield with targeted growth returns in upper mid-teens.
Hold Period: 5 - 10 years
Property type: Multifamily, retail, office and industrial
Use: Acquisition and/or recapitalization
Geography: Midwest, Southeast and Southwest
Closed-end fund offering a longer-term hold period is seeking to deploy discretionary funds into pari-passu promotable LP positions
Check size: $1 million - $10 million
Co-Invest: 95%/5% to 50%/50%
Target returns: 5% to 8% annual cash yield with targeted growth returns in upper mid-teens.
Hold Period: 5 - 10 years
Property type: Multifamily, retail, office and industrial
Use: Acquisition and/or recapitalization
Geography: Midwest, Southeast and Southwest