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

mjc@carltongroup.com