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 10017Previous Next
For new business inquiries, fill out the form or call us and the appropriate representative will be in touch.