We have interest in 7000+ multifamily units and want more! We are seeking multifamily operators (sponsors) that need our money as a Preferred Equity Partner, along with theirs and debt to acquire value add multifamily projects. Here are the criteria that we utilize in accepting scenarios for review:
Min. of 100 Units
B/C grade
Garden Style complexes
Eastern Seaboard preferred (may consider other areas)
Secondary markets & Tertiary markets (not in major cities)
8-12% Current Return and 12-16% Total Preferred Return
Min. current cap of 8%+
Value Add
Here is a possible outcome on the right deal:
We provide 15-25% Equity
Operator/Sponsor provides 5-15% Equity
Debt of 70-75% (we can arrange the debt if needed)
If you are a multifamily operator seeking to partner with a financially strong partner capable of supplying the equity needed to acquire/improve multifamily assets, we could be just what you are seeking.
Contact Rob Beeman at 215-913-1580 or Email: Rob@Directlendingpartner.com