Park 375 Industrial - Phase II
Phase II of Provident’s neighboring project, the development of an industrial site in the El Paso-Juarez Borderplex, the 2nd most vital trade point along the U.S./Mexico Border.
Location
El Paso, TX
Investment Strategy
Development
Property Type
Industrial
Open To
Accredited Investors
Closed Date
Dec 2022
Status
Closed Investment Strategies
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Sponsor Details
Other Offerings by Provident Realty Advisors
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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Sponsor Equity
$562,940.00
1.7500003264114012%
Investor Equity
$10,695,858
33.2499999844566%
Senior Loan Amount
$20,909,196
64.99999968913201%
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Total
$32,167,994
100%
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