Author: Katie Donovan

Property details

Phoenix, Arizona

Kindred Healthcare

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2016

Investment Summary

The property consists of a three-story, 81,371 square foot medical building located on a 2.78 acre parcel at 1880 East Van Buren Street in Phoenix, Arizona, customized to specifications requested by Kindred.

The Property features 120 beds, each in a private room, and provides intensive, short-term rehabilitation therapy in bariatrics, orthopedics, cardiology, and burn care. At ground level, the Property has an open courtyard for patients and guests including outdoor rehabilitation and a dedicated outdoor therapy garden. The Property will also include a dining hall, spa, and physical therapy and rehabilitation suites.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.

Property details

Mayfield Heights, OHio

Staybridge Suites – Mayfield

Investment type

Value Add

Asset Class

Hotel

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside Arbor Lodging Partners in the acquisition of the Staybridge Suites – Mayfield, a 3-story, 123-room hotel located in Mayfield Heights, Ohio.

Property details

Chicago, ILlinois

Evergreen Apartments

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2015

Investment Summary

Evergreen is a former church that underwent a significant renovation to turn the property into multifamily in 2014. The property now features 12 upscale units with spacious floor plans, condominium-quality finishes, and in some units restored stained glass windows that were part of the original church infrastructure.

Syndicated acquired the property with CA Ventures, an established developer, owner, and manager of more than 1,600 units across the Midwest.

Property details

Omaha, NEbraska 

1501 Jackson

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2015

Investment Summary

Syndicated invested alongside Metonic Real Estate Solutions and Seldin in 1501 Jackson, a newly developed, Class A, 72-unit multifamily apartment building located in Omaha, Nebraska.

The Property is situated in Omaha’s vibrant Old Market district and within walking distance of downtown.

Property details

Moorestown, New jersey

East Gate Square

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2015

Investment Summary

Syndicated invested alongside M&J Wilkow in East Gate Square, an approximately 772,000 square foot, open-air shopping center consisting of six phases, which were developed between 1994 and 2002. The property was leased to 60 tenants at the time of acquisition including national credit, regional and chain tenants.

The property is situated in Moorestown, New Jersey (suburban Philadelphia) with direct access from Interstate 295, which sees approximately 96,000 vehicles pass by each day.