BROOKLYN OPPORTUNITY ZONE INVESTMENT OPPORTUNITY
September 9, 2020
The Carlton Group, has been exclusively retained to arrange up to $50 Million of Joint Venture Equity to invest in a trophy residential property, currently under construction, and located in a Brooklyn, New York Qualified Opportunity Zone.
•Projected returns: approximately a 50% IRR and a 6x Equity Multiple.
•Investment will be at the Sponsor’s basis (No markup).
•Project has been de-risked as the Financing has already closed, the GMP has been fully executed, and construction is already underway.
•Project will include residential and street level retail.
•Significant Property Tax Abatements already in place.
For more information, please contact:
Michael J. Campbell | CEO
THE CARLTON GROUP
o.212.716.5611 | m.201.232.5244
360 Madison Avenue, New York, NY 10017