10% Current Coupon, 1.5x DSCR On $185 Million Preferred Equity Investment Secured By 5 Million SF Stabilized Heavily Cash Flowing U.S. Office/Industrial/Retail Portfolio

March 9, 2017

We are the exclusive advisor to a highly successful property owner/operator who is interested in you providing $185 million of preferred equity (80% LTV) to recapitalize a heavily cash flowing 5 million sf office, industrial and retail portfolio located in prime locations throughout the Northeast and Southeast United States.

This investment opportunity benefits from the following:

· 20 institutional quality office, retail and industrial properties located in prime locations across the Northeast and Southeast U.S.

· 93% occupancy providing desirable in-place cash flow.

· In-Place NOI of approximately $51 million.

· Your last dollar is at an attractive basis of $124 psf.

· There is significant upside as below market rents roll to market; portfolio-wide, in-place rents are 10% – 15% below today’s market rents.

· Diverse tenant mix minimizing exposure to any single firm or industry.

· 9% Debt Yield and 1.5x DSCR over the 5 year hold period.

The Sponsor is a highly experienced owner/operator delivering attractive risk-adjusted and tax efficient returns for their investors. Following an initial focus on opportunities in the Northeast, the firm expanded its reach into the Southeast, with the opening of a Nashville office, and subsequent acquisitions in Tennessee, Georgia, North Carolina, and South Carolina.

For further information, please call or email me directly.

Thanks,

Michael J. Campbell, Partner

THE CAMPBELL TEAM at The Carlton Group

(212) 716.5611

mjc@carltongroup.com

 

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10% Current Coupon, 1.5x DSCR On $185 Million Preferred Equity Investment Secured By 5 Million SF Stabilized Heavily Cash Flowing U.S. Office/Industrial/Retail Portfolio