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Robert Ellis
Agent
  • Developer
  • Columbus, OH
1,554
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Initial Call with Equity Raising Specialist for Ivy Residences – Seeking Additional P

Robert Ellis
Agent
  • Developer
  • Columbus, OH
Posted Aug 26 2024, 18:09



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]

Offering
Columbus, Ohio

User Stats

15,984
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13,400
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Chris Seveney
Pro Member
#2 All Forums Contributor
  • Investor
  • Virginia
13,400
Votes |
15,984
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Chris Seveney
Pro Member
#2 All Forums Contributor
  • Investor
  • Virginia
Replied Aug 26 2024, 19:11

@Robert Ellis

“Equity raising specialist”

If they are not the GP then anyone raising money without being fines licensed is going to be opening themselves up to a lawsuit and potential civil and criminal penalties

User Stats

27,121
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James Wise#1 Classifieds Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
18,375
Votes |
27,121
Posts
James Wise#1 Classifieds Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied Aug 27 2024, 05:41
Quote from @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]

 You got any photos and info on a project you've already completed? I've only seen projections and renderings from you. I want to see an actual completed project.

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0.58% - Rent/Price Ratio
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0.77% - Population Growth Rate
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