Property type:

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• Residential: Multifamily, Student Housing, SFR, and For-Sale Housing

• Healthcare: Nursing Homes, Assisted Living, Continuous Care, Senior Living, and Medical Office

• Industrial: Warehouse Distribution Facilities, Cold Storage, Build-To-Suit Basis

• Other: Self-Storage, Office, Retail, and Hospitality

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Investment Type:

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• Development

• Core-Plus

• Value-Add

• Recapitalization​

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Size:

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• $2-30 million

• 51-90% of the equity portion

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Hold Period:

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• 3-7 years

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Target Return Threshold:

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• Core Plus: Low to mid teens IRR

• Value-Add: Mid to high teens IRR

• Development: High teens+ IRR  

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Geography:

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• Primary and secondary markets in the U.S. that have strong underlying fundamentals for future stability and growth. Preference for markets in which the sponsor has investment experience

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Sponsor Equity:

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• Commercial Real Estate Joint Venture investors require the sponsor to contribute 10-20% of the equity portion (for a smaller contribution, please see our Co-GP equity criteria page)​

 

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Timing:

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• 45-60 days

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