Property details

Western Michigan Multifamily Portfolio

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside Highgate Capital Group in a 278-unit portfolio of garden style apartment buildings located in Portage and Kalamazoo, Michigan.

Property details

River North Retail Development

Investment type

Development

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Wells & Huron is an 18,240 square foot retail redevelopment along an established corridor in Chicago’s River North neighborhood. The property is currently improved with a 16,500 square foot multi-tenant structure.

Syndicated invested alongside a joint venture comprised of MAC Management and Northpond, to acquire and redevelop the property. .

Property details

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

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

TownePlace Suites Portfolio

Investment type

Value Add

Asset Class

Hotel

Ownership Structure

Joint Venture

Year Acquired

2015

Investment Summary

Syndicated invested alongside Arbor Lodging Partners in the acquisition of two TownePlace Suites by Marriott hotels: Keystone and Park 100.

Keystone consists of a 3‐story, 82‐room hotel with 84 dedicated parking spaces and Park 100 consists of a 3‐story, 94‐room hotel with 97 dedicated parking spaces.