26% IRR JV Equity for a Multifamily Rental Tower Development

August 10, 2017

We exclusively represent a best in-class Sponsor who is seeking $40 million of JV equity for the development of a Multifamily/Rental project located in Downtown Miami, Florida.

Project Highlights
• Site is fully entitled and approvals are already in-place to proceed with construction.
• Being built to a 7.35 % return on cost .
• Experienced Sponsor/ great location.
• 26% IRR and a 2.5x multiple.

If you would like additional information regarding this opportunity, please either call me at (212) 716.5611 or email me at MJC@carltongroup.com

Thanks,

Michael Campbell
Managing Partner
(212) 716.5611
MJC@carltongroup.com

or

Steven Weiss
Managing Director
(212) 716.5631
sw@carltongroup.com

About THE CAMPBELL TEAM at The Carlton Group:

The Campbell Team at The Carlton Group has consummated billions of dollars of transactions over the 18 years they have been together. They continue to specialize in raising capital for commercial real estate owners, investors, and developers in the execution of strategic Joint Ventures relating to the acquisition, financing, disposition, and/or restructuring of commercial real estate assets. They are proficient in accessing passive, promotable equity and debt capital markets on behalf of its clients, operating in virtually every asset class across a variety of geographic markets across the United States, Caribbean, Mexico and South America. The team has a strong focus on Equity Recapitalizations, whereby real estate owners can take out their present Equity partner, have them replaced with a new one , while continuing to stay on as manager and operating partner of the venture. They have also raised significant capital for Real Estate Funds. They instill a personal approach to their assignments and work diligently and determinedly to achieve their clients goals and objectives. Carlton, which was founded in 1991, has consummated in excess of $125 billion in transactions.

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26% IRR JV Equity for a Multifamily Rental Tower Development