25% IRR Joint Venture Equity Opportunity | South Florida | Residential Development

October 16, 2018

As exclusive adviser to a veteran Florida developer, we are seeking approximately $7.5 million of Joint Venture (JV) Equity for a mixed-use development consisting of 200 multifamily units with a small self-storage component.

Property Highlights

  • The Sponsor owns the site and is shovel ready.
  • The Investment is projected to yield over a 22% IRR and over a 2.5X Equity Multiple.
  • The Project is in close proximity to the Hard Rock hotel & casino, which is in the midst of a major $1.8 Billion expansion that will more than double its current room total.
  • The Sponsor has a robust tracking record as a long time builder of large scale, high quality residential and commercial properties in Florida.

If you would like to discuss further, CLICK here to agree to the Confidentiality Agreement outlined below.

By clicking the hyperlink, you hereby agree to keep any and all information delivered by The Carlton Group, Ltd. (“Carlton”) with respect to this Development (the “Asset”) strictly confidential and shall not disclose any such information to any third party without Carlton’s prior written consent, except to your officers, directors, affiliates, partners, members, employees, financial advisors, legal counsel and accountants on a need to know basis and shall be responsible for any breach of your agreement by such third parties. Notwithstanding the foregoing, such information does not include information that (a) is or becomes publicly available (other than as a result of a disclosure by you in violation of this agreement) or (b) was or is independently developed by you without use of the information furnished by us.  Furthermore, you agree that you shall not, without Carlton’s prior written consent and participation (i) pursue or engage in any transaction regarding the Asset, or (ii) except in the ordinary course of your business unrelated to the Asset, communicate with the seller, owner, partner or investor of or in the Asset, any lender, tenant, borrower, guarantor, franchisor, manager, contractor and/or obligor connected with, related to, and/or whose name is obtained from the provided information with respect to the Asset. The above provisions shall terminate on the earlier to occur of one year from the date hereof or the execution of a definitive agreement with respect to the Asset.

Michael J. Campbell – CEO
(212) 716-5611
MJC@carltongroup.com
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25% IRR Joint Venture Equity Opportunity | South Florida | Residential Development