Union & Carroll
Multifamily development with potential investor tax benefits on a site that has already appreciated ~40%.
Location
Brooklyn, NY
Investment Strategy
Development
Property Type
Multifamily
Open To
Accredited Investors
Closed Date
Mar 2023
Opportunity Zone
Status
Closed This offering was a Qualified Opportunity Zone (QOZ). Learn about the potential tax benefits of investing in Qualified Opportunity Zones.
Investment Strategies
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Sponsor Details
Other Offerings by Tavros Capital & Charney Companies
Sponsor Designation
CrowdStreet categorizes sponsors based on their experience and track record so our investors can get a sense of the firm behind the deal.
Enterprise
FIRM AGE15+ YEARS
LEADERSHIP EXPERIENCE30+ YEARS
PORTFOLIO VALUE$5 B +
National Platform
Ranked in the top 250 for estimated value of total holdings per Real Capital Analytics
Tenured
FIRM AGE10+ YEARS
LEADERSHIP EXPERIENCE20+ YEARS
PORTFOLIO VALUE$500 MM +
Leadership has invested together over multiple cycles
Dedicated investor relations and accounting staff
Seasoned
FIRM AGE5+ YEARS
LEADERSHIP EXPERIENCE10+ YEARS
PORTFOLIO VALUE$100 MM +
Network of repeat investors
Established banking relationships
Affiliations with national industry associations ULI, NAOIP, CCIM, SIOR or IREM
Emerging
FIRM AGE< 5 YEARS
LEADERSHIP EXPERIENCE2-5 YEARS
PORTFOLIO VALUE< $100 MM +
Strong leadership experience
Experience in the proposed asset class and geographic market
Experience in managing individual investors
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LP Equity
$136,918,518
28.3%
Co-GP Equity
$30,191,300
6.2%
Sponsor Equity
$2,208,700
0.5%
Senior Debt
$314,448,675
65.0%
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Total
$483,767,184
100%
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On the CrowdStreet platform, offerings are treated pari-passu. |
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