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.

Key Highlights:

• 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

mjc@carltongroup.com

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