JV EQUITY INVESTMENT OPPORTUNITY FOR NASHVILLE MULTIFAMILY DEVELOPMENT
September 9, 2020
The Carlton Group is the exclusive advisor to one of Nashville’s leading operators for their 277-unit multifamily development. Situated in the growing Madison sub-market, this highly experienced developer is seeking a JV partner to co-invest the $10 million of equity to capitalize the transaction.
Deal highlights include:
· Best-in-class developer having $175 million in local projects under belt
· Amenity package superior to comps
· Conveniently located off I-65 in Madison, path of growth for renters priced out of closer-in Nashville.
· Conservative underwriting, including untrended rents
· Projected overall equity returns are greater than 21%s IRR and 2.4x.
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