Developer owns 20 acre & adjoining 40 acre Parcel; Seeking Capital JV Partner.
Proposal Summary:
Developer own land with as is Market Value of $15MM ($250K per acre x 60 acres). No site work has been done. Seeking Capital JV partner to developing in growth area. Capital would be used for building site prep and model home.
Management Team:
Owner has developed one other residential subdivision and has operates commercial properties. Owner Operator has team which includes Realty Brokerage & Property Management with legal, IT, and accounting.
Return On Investment:
Owner/Developer Operator seeking Capital JV partner in growth area. Partner would have 35% of profits and paid out as lots/homes are sold to end buyers.
Amount Requested: $2,000,000 to commence construction.
Minimum Investment: $100,000
Region: Florida
Proposal Summary:
Developer own land with as is Market Value of $15MM ($250K per acre x 60 acres). No site work has been done. Seeking Capital JV partner to developing in growth area. Capital would be used for building site prep and model home.
Management Team:
Owner has developed one other residential subdivision and has operates commercial properties. Owner Operator has team which includes Realty Brokerage & Property Management with legal, IT, and accounting.
Return On Investment:
Owner/Developer Operator seeking Capital JV partner in growth area. Partner would have 35% of profits and paid out as lots/homes are sold to end buyers.
Amount Requested: $2,000,000 to commence construction.
Minimum Investment: $100,000
Region: Florida
Development: Ten Floor (9 Story + Roof Top Lounge); Mix Use: Retail on Ground and Roof
Proposal Summary:
Development of mixed use property elevator building that will contain 220 residential units on floors two (2) thru nine (9) & 31,098 sq ft of commercial space on floors 1 & 9 with 2 levels below grade (underground parking). The subject is a proposed mixed use property that will contain two hundred twenty (220) residential units on floors. The top level will have an enclosed center courtyard and will include three levels below grade for parking.
Class A suburban product with high end finishes. The unit mix includes studios, one‐bedroom, two‐bedrooms, and three‐bedroom layouts.
Once approximately 25% of the construction complete (after 18 mos. construction), a Hedge Fund has indicated interest financing the remainer of the construction and through operation with Captial JV partner expecting return of capital at that time. Total Construction Duration estimate is 4 years.
GREEN PROJECT: Building will use Geothermal Energy to help power needs. Materials used will have optimization of Solar, Sound, & Light efficiency, as well as disinfecting Ozone & Ceramic technology. URBAN CONSTRUCTION GRANTS are available to lessen construction costs once 25% of construction complete. Available GREEN grants may also help lessen construction costs.
Construction can be commenced once $12MM can be placed in construction reserves.
Management Team:
Developer has 20+ years of commercial experience in proposed urban development area. Property Management Operator will be selected closer to when construction is completed.
Return On Investment:
Developer seeking Capital JV partner to start construction and would be expect return of capital once 25% of construction complete. Equity in the project is expected and commensurate to partnered resources.
Amount Requested: $90,000,000 (Note that Construction can be commenced once $20MM can be placed in construction reserves).
Minimum Investment$1,000,000
Region: Northern Mid-West
Proposal Summary:
Development of mixed use property elevator building that will contain 220 residential units on floors two (2) thru nine (9) & 31,098 sq ft of commercial space on floors 1 & 9 with 2 levels below grade (underground parking). The subject is a proposed mixed use property that will contain two hundred twenty (220) residential units on floors. The top level will have an enclosed center courtyard and will include three levels below grade for parking.
Class A suburban product with high end finishes. The unit mix includes studios, one‐bedroom, two‐bedrooms, and three‐bedroom layouts.
Once approximately 25% of the construction complete (after 18 mos. construction), a Hedge Fund has indicated interest financing the remainer of the construction and through operation with Captial JV partner expecting return of capital at that time. Total Construction Duration estimate is 4 years.
GREEN PROJECT: Building will use Geothermal Energy to help power needs. Materials used will have optimization of Solar, Sound, & Light efficiency, as well as disinfecting Ozone & Ceramic technology. URBAN CONSTRUCTION GRANTS are available to lessen construction costs once 25% of construction complete. Available GREEN grants may also help lessen construction costs.
Construction can be commenced once $12MM can be placed in construction reserves.
Management Team:
Developer has 20+ years of commercial experience in proposed urban development area. Property Management Operator will be selected closer to when construction is completed.
Return On Investment:
Developer seeking Capital JV partner to start construction and would be expect return of capital once 25% of construction complete. Equity in the project is expected and commensurate to partnered resources.
Amount Requested: $90,000,000 (Note that Construction can be commenced once $20MM can be placed in construction reserves).
Minimum Investment$1,000,000
Region: Northern Mid-West
PERFORMANCE BOND FOR CONSTRUCTION
Proposal Summary:
1. LG Energy Solutions are building plants in Georgia, Texas, Arizona, & Ohio
2. Construction Contractor is bidding Steel Erection to the prime GC - approximately $5M USD.
3. Total cost for steel erection for construction cost is $8500 x 400 ton = 3.4 million
4. Additional Steel Erection projects for larger buildings (bidding in June 2024) is expected to be 1.6 to 2 million.
5. Contractor is looking for silent JV partner to provide PERFORMANCE BONDING for the Steel Erection $5M project.
Amount Requested: Cost of $3.4M construction performance bond (direct bond or cost of third party bond)
Minimum Investment: $100K
Region: GA, TX, AZ, OH
Proposal Summary:
1. LG Energy Solutions are building plants in Georgia, Texas, Arizona, & Ohio
2. Construction Contractor is bidding Steel Erection to the prime GC - approximately $5M USD.
3. Total cost for steel erection for construction cost is $8500 x 400 ton = 3.4 million
4. Additional Steel Erection projects for larger buildings (bidding in June 2024) is expected to be 1.6 to 2 million.
5. Contractor is looking for silent JV partner to provide PERFORMANCE BONDING for the Steel Erection $5M project.
Amount Requested: Cost of $3.4M construction performance bond (direct bond or cost of third party bond)
Minimum Investment: $100K
Region: GA, TX, AZ, OH