CAPITAL STRUCTURE: PREFERRED EQUITY
Closed end fund offering a high levered participating preferred equity program for owners and developers of income producing commercial real estate
Investment size: $1 million - $20 million
Leverage: Last dollar up to 97%
LTV Pricing: 8.5% - 10% preferred return plus negotiated percentage of excess cash flow and residual profit (15% to 45% depending on risk/reward)
Term: Up to 10 years, open to prepayment at any time through sale or refinancing. If through refinancing, the Preferred Equity provider retains its participation until earlier of sale or original term.
Property Type: Multifamily, retail, and self-storage assets
Use: Acquisition, Recapitalization, Development
Geography: USA and Canada Fees: 1% commitment
Closed end fund offering a high levered participating preferred equity program for owners and developers of income producing commercial real estate
Investment size: $1 million - $20 million
Leverage: Last dollar up to 97%
LTV Pricing: 8.5% - 10% preferred return plus negotiated percentage of excess cash flow and residual profit (15% to 45% depending on risk/reward)
Term: Up to 10 years, open to prepayment at any time through sale or refinancing. If through refinancing, the Preferred Equity provider retains its participation until earlier of sale or original term.
Property Type: Multifamily, retail, and self-storage assets
Use: Acquisition, Recapitalization, Development
Geography: USA and Canada Fees: 1% commitment