CAPITAL STRUCTURE: Preferred Equity
Check size: $15M+
Target returns: Low to mid teens IRR
Hold period: Coterminous with senior loan
Rate: UST + 150bps+
Use: Bridge, construction, lease-up, and select value-add opportunities
Property Type: Multifamily Class A/B/C, Single-Family-Rental, Build-for-Rent, Select Student Housing
