Help! 1st Time Raising Capital in Denver - $2.8M Student Housing

[Steven Gilbert]

My Question: What are the most effective ways you've been able to raise capital in Denver?

The Problem: I am struggling to find enough accredited investors to pitch this deal to.

The Details: I've been privileged to receive an invitation to join an experienced general partnership working on a student housing complex in Denver - The complex is under contract for $2.8M. The deal has the debt set up but the equity portion is only 50% funded (25% funded by the general partnership). It's a value-add deal with high projected returns (A very conservative projection of 19% IRR for a 3-5 year disposition). We have till mid-December to close. The team has tasked me with raising the remaining capital. We have all legal documentation in order including the operating agreement and PPM which was drafted by a licensed attorney.

What I've Tried:  I have gone to local meet-ups, reached out to friends, reached out to family, and tried networking on LinkedIn. I truly believe this is a great opportunity for accredited investors - but I can't find enough to pitch this deal to.

Disclosure: I am not posting on BP to find investors - I am here for advice on how to find investors in the Denver Area.