Evanston Multifamily Portfolio

164-unit, value-add multifamily portfolio walking distance to Downtown Evanston, IL, home to Northwestern University.

Location Evanston, IL
Property Type Multifamily
Closed Date Oct 2022
Evanston Multifamily Portfolio, a Multifamily real estate investment opportunity in Evanston, IL listed on the CrowdStreet Marketplace.
Status
deal_status_icon Closed
Investment Strategies

Real Estate Investment Return Metrics

Additional Information on Investor Return Metrics
Voted best overall crowdfunding site by Investopedia

There is a reason Investopedia has named us Best Overall Real Estate Crowdfunding Platform three years in a row.

*As reported by Investopedia, on 12/31/22, based on a variety of factors.

Sponsor Details

Other Offerings by North Park Ventures
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

Read more about the Sponsors on the Marketplace

Private equity real estate - capital stack priority
Sponsor Equity
$1,210,497.00
Investor Equity
$10,894,471 27.00000039653142%
Senior Loan Amount
$28,244,924 69.99999900867144%
Total
$40,349,892 100%

On the CrowdStreet platform, offerings are treated pari-passu.

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