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Deal Description
Kay Finance was able to secure a JV/ LP equity check from one of our foreign capital partners for this opportunity for a repeat client. The local sponsor was able to secure the deal at a great basis and with making the necessary aesthetic improvements to both the inside and outside of the property helped achieve significant rent bumps that the strategy intended for.
Property Location
Atlanta, GA
Quick Stats
Partner Type
JV Equity
Program Type
Acquisition
Program details
- 90/10 equity split
- Waterfall (Promote)
- Max - 35/65 promote split
- 5 year investment outlook
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