Initial Call with Equity Raising Specialist for Ivy Residences – Seeking Additional P

[Robert Ellis]

I’m excited to share that I recently had a valuable phone call with an equity raising group about our Ivy Residences project in Columbus. This was an initial discussion about the potential for investment, and we're now looking to connect with additional equity raising specialists to explore further opportunities.

Project Highlights:

Ivy Residences: A 62-unit mid-rise development project, scaled down to an 8-story structure in response to feedback.
Financial Snapshot: Land valued at $930,000, development cost of $7.5 million, with a projected stabilized value of $13.5 million.
Funding Needs: Seeking equity investments ranging from $1 million to $5 million to support the project's advancement.

Next Steps: If you're an equity raising specialist or know of one who can bring capital to ground-up developments, let’s schedule a call to discuss this opportunity. We’re eager to find the right partners to help drive the success of the Ivy Residences project.

Here is a link to the most recent press we published about the development:j

https://lnkd.in/gtbJJAup

Please reach out if you're interested or have recommendations and want to review the development deal or other deals we have in our pipeline!

Rob Ellis
Pink Development and Construction LLC
614-400-8762
[email protected]