Rental development located in the highly desirable amenity-rich City of West Hollywood, CA
Exclusive opportunity to invest in a rental development located in the highly desirable amenity-rich City of West Hollywood, California. The development is in an extremely favourable position for leasing and rental growth. In addition the area has a very low number of new dwelling units completed in recent years.
- Project IRR 20%
- Return on Equity 58%
- Debt Required $45M
- Equity Required $27M
- Sponsor is an integrated real estate investor, developer, and general contractor headquartered in Los Angeles
- Team of seasoned real estate professionals and builders with long-standing experience and expertise delivering successful projects
- Sponsor has successfully completed or has in the development pipeline a total of 500,000 square feet
- Sponsor has successfully completed residential and commercial construction across 19 projects