Zero New Boston Street - Multifamily GP Pre-Development
Status
Closed Opportunity to invest in the general partner (GP) position for a planned 250-unit, transit-oriented multifamily development in Boston suburb, surrounded by numerous life science and technology companies with a right to participate in promote for vertical development.
Location
Woburn, MA
Investment Strategy
Opportunistic
Property Type
Multifamily
Open To
Accredited Investors
Closed Date
Sep 2024
Investment Strategies
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Sponsor Details
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
$1,726,398.00
10.000000579240742%
Investor Equity
$15,537,581
89.99999942075925%
Senior Loan Amount
$0.00
0.0%
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Total
$17,263,979
100%
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