Union Woods
Status
Closed A 91% leased, Class B+, 6-story office property (98,739 SF), located in the Union Park District Submarket of Salt Lake City, UT
Location
Salt Lake City, UT
Investment Strategy
Core-Plus
Property Type
Office
Open To
Accredited Investors
Closed Date
Jun 2019
Investment Strategies
.svg)
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 Griffin Partners
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
 |
Investor Equity
$4,000,000
15.1%
Sponsor Co-Investment
$4,270,279
16.1%
Add. Debt + Cash Flow
$2,866,473
10.8%
Senior Debt
$15,359,096
58.0%
|
|
|
Total
$26,495,848
100%
|
||
On the CrowdStreet platform, offerings are treated pari-passu. |
||
