Hi everyone,
I wanted to give you a quick look at two investment opportunities we currently have available, with both expected to close this fall.
Medical Office Investment | Closing September 30
We are closing on our second medical office acquisition on September 30, and we have $100,000 remaining to fully fund the investment.
This deal follows the same playbook that has worked well for us before: a well located, undervalued building with a strong lease structure and a clear path to a near term refinance exit.
Here’s a snapshot of the opportunity:
• Property: Medical office building in Cherry Hill’s high income trade area, with a healthcare tenant already lined up
• Total project basis: $1,165,900, including renovation and closing costs
• Lease: Triple Net (NNN), with the tenant covering taxes, insurance, and maintenance, plus a 4% annual rent escalation
• Going in cap rate: 11.2%
• Leverage: 65% LTV with a 2.34x debt service coverage ratio
• Preferred return: 10%
• Investor Upside: Investors participate in 10% of refinance proceeds above principal
• Projected IRR: 13%
• Hold period: Approximately 24 months
• Minimum investment: $50,000
The property is expected to appraise at approximately $1.8 million after the new tenant is in place, creating a potential refinance exit that returns investor capital plus upside.
Las Vegas, NV Land Investment | Closing Mid October
We also have a land investment scheduled to close in mid October, with a total raise of $490,000.
These investments are designed to provide investors with a shorter duration, asset backed opportunity secured by real estate.
Investor Return Options
Option A
• 10% annual interest
• Monthly interest only payments
• 1 point at funding
Option B
• 11% annual interest
• Quarterly interest only payments
• 2 points at funding
Option C
• 12% annual interest
• Fully accrued interest
• 3 points at funding
All investment options are secured by a first position lien on the underlying property. While the loan documents are structured with a 12 month term, these investments have historically averaged 4 to 6 month durations.
Why investors continue to choose these opportunities:
• Conservative loan to value ratios designed to protect investor capital
• First position liens secured by investment real estate
• Sponsor with 1,400+ land transactions completed and zero lender principal losses in its history
If either opportunity sounds interesting, hit reply or grab time on my calendar. I’d be happy to walk you through the details and answer any questions.