CAPITAL STRUCTURE: Hybrid of Joint Venture (Co-GP / LP) Equity and Preferred Equity positions
Property Type: Multifamily, For-Sale Housing, Student Housing, and Senior Housing
Use: Ground-Up Development
Check Size: $15M–35M (can stretch up to ~$40 million); typical total project size $100–150M
Target Returns: 6.5–7.0% untrended Yield on Cost
Hold Period: 3–5 years
Geography: Nationwide
