Eyzenberg & Company arranged a structured equity solution for the acquisition of a 314-unit multifamily property in Indianapolis, IN.
Challenges
Navigating the joint venture initially was relatively smooth, given that it was part of a programmatic execution between the developer and the equity capital provider. However, the closing process encountered significant complications due to a severe fire that resulted in the total loss of part of the property. This incident introduced numerous challenges that needed to be addressed to ensure a timely and successful execution.
