News

Property details

Washington, d.c.

District Co-Living

Investment type

Development

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside Outlier Capital realty in the ground-up development of a well-located, Class A co-living apartment building in downtown Washington, DC. Once complete, the property will consist of 15 shared residential suites (67 private bedrooms) and 4,226 square feet of ground floor retail.

The development is situated near the intersection of 9th and M Streets, NW, in the Mt. Vernon Triangle/Shaw neighborhood of downtown Washington, DC, directly across from the Convention Center. This area is known for its popular restaurants, retail offerings, and proximity to more than 2.3 million square feet of office.

Property details

Mableton, georgia

Providence Pavilion

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside M&J Wilkow in a Publix anchored shopping center, consisting of 95,085 rentable square feet and 516 parking spaces.

Situated on 16.66 acres, the Property was originally developed in 2004. The Property is improved with three buildings, comprised of the primary shopping center and two outlots. The primary shopping center is anchored by Publix and a free-standing Walgreens located at the western portion of the center on an outlot.

Property details

palm harbor, florida

Boot Ranch Apartments

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside Providence Real Estate in Boot Ranch, a stabilized, 432-unit apartment complex located in Palm Harbor (Tampa), Florida. The property, constructed in 1996, consists of 17 residential apartment buildings and a clubhouse.

Property details

Maple Grove, minnesota

Abbott Labs

Investment type

Net Lease

Asset Class

Office

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2019

Investment Summary

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

Property details

Rosemont, illinois

Embassy Suites & DoubleTree

Investment type

Value Add

Asset Class

Hospitality

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside Nath in the acquisition of the DoubleTree and Embassy Suites in Rosemont, Illinois.

The DoubleTree, which is situated on 1.83 acres, consists of a 9-story, 369-room hotel that shares a parking garage and pedestrian access with the Donald E. Stephens Convention Center, an 840,000 square foot facility owned and maintained by the Village of Rosemont. Gibson’s, a nationally recognized Chicago steakhouse, operates a 350-seat restaurant on the ground floor of the DoubleTree.

The Embassy Suites, which is situated on 2.12 acres, consists of an 8-story, 294-room hotel with 410 parking spaces within the attached parking garage.