Portfolio
General Partners – Multifamily & Memory Care/Assisted Living
Serenity Villas ALF/ALZ
The Villages/Lady Lake, FL
Under Construction
Units: 120
Projected Equity Multiple: 2.15X
Actual Equity Multiple: TBD
Acquisition Date: October 2020
Exit Date: TBD
Purchase Price (Land only): $2.76M
Sale Price: TBD
Deal Structure: 506(C) Syndication
Projected Hold: 3-5 Years
Actual Hold Period: TBD
Unit Mix: 96-1B | 24-2B
Grand Reserve
Apartment Homes
Ocala, FL
Units: 263
Projected Equity Multiple: 1.8X-2.1X
Actual Equity Multiple: TBD
Acquisition Date: July 2022
Exit Date: TBD
Purchase Price: $70.6M
Sale Price: TBD
Deal Structure: 506(B) Syndication
Projected Hold: 3-5 Years
Actual Hold Period: TBD
Unit Mix: 95-1B | 134-2B | 34-3B
Coconut Villas
Dunedin, FL
Condo Conversion
Units: 20
Projected Equity Multiple: 1.89X
Actual Equity Multiplier: 2.25X
Acquisition Date: July 2021
Exit Date: June 2023
Purchase Price: $4.6M
Sale Price: $7.28M (approx)
Deal Structure: 506(B) Syndication
Projected Hold: 3-5 Years
Actual Hold Period: 2 years
Unit Mix: 20-2B
Oasis at Ballast Point
Tampa, FL
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Units: 135
Projected Equity Multiple: 2.02X
Actual Equity Multiple: TBD
Acquisition Date: February 2022
Exit Date: TBD
Purchase Price: $23.3M
Sale Price: TBD
Deal Structure: 506(B) Syndication
Projected Hold: 2-5 Years
Actual Hold Period: TBD
Unit Mix: 68-1B | 67-2B