Updated over 6 years ago on . Most recent reply
Acquired: 240 A- Units
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $31,000,000
Cash invested: $8,150,000
240 Unit, Class A-, Vintage: 2006, Workforce Housing. Sponsored Deal. 7 pref + 75% split to LP's
Plan: Light Value Add + Management Efficiencies
What made you interested in investing in this type of deal?
This is BAM's 12th syndication.
How did you find this deal and how did you negotiate it?
Off Market Deal.
How did you finance this deal?
Bridge to Perm.
What was the outcome?
Newly Acquired.
- Ivan Barratt
Most Popular Reply
Nice buy @Ivan Barratt, congrats. Love it when you can just do simple management improvements for a win. Keep it up! I’d love to connect.