Evergreen Grove Apartments

An off-market value-add multifamily opportunity in the submarket of Lynnwood (WA).

Location Lynnwood, WA
Property Type Multifamily
Closed Date Oct 2021
Evergreen Grove Apartments, a Multifamily real estate investment opportunity in Lynnwood, WA listed on the CrowdStreet Marketplace.
Status
deal_status_icon Closed
Investment Strategies

Real Estate Investment Return Metrics

Additional Information on Investor Return Metrics
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*As reported by Investopedia, on 12/31/22, based on a variety of factors.

Sponsor Details

Other Offerings by Amoroso 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

Read more about the Sponsors on the Marketplace

Private equity real estate - capital stack priority  
Investor Equity
$5,200,000 23.5%
Sponsor Co-Investment
$1,300,000 5.9%
Senior Debt Initial
$11,089,850 50.2%
Senior Debt Future
$4,510,827 20.4%
Total
$22,100,677 100%

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

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