Westowne Center Retail
A 100% occupied, 181,974-square-foot shopping center located in West Des Moines’ primary retail corridor.
Location
West Des Moines, IA
Investment Strategy
Core-Plus
Property Type
Retail
Open To
Accredited Investors
Closed Date
Oct 2019
Status
Closed 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 Block Funds
- Villas at WaterSide
- Barrington Park Townhomes
- The Royale at CityPlace
- 8750 Associates LLC (Exchanged into PVIC 5 & Woodland Park)
- 46 Penn Centre
- The Grand fka Traders on Grand
- Village at Juban Associates, LLC (Exchanged into Staples Bldg, Rupple Townhomes and Pebblebrooke Villas)
- The WaterSide Residences on Quivira (WRQ Associates LLC)
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
 |
|
Sponsor Equity
$350,075.00
2.7783564780368373%
Investor Equity
$0.00
0.0%
Senior Loan Amount
$12,250,000
97.22164352196316%
|
|
Total
$12,600,075
100%
|
||
On the CrowdStreet platform, offerings are treated pari-passu. |
||