Updated over 8 years ago on . Most recent reply
Looking for equity partners for Savannah, GA, project
The company I work for (Cardinal Capital Management) recently purchased a property in Savannah and we're looking to rehab. We are based out of Milwaukee, WI, so it's a bit difficult to be on the ground looking for private financing so I thought BP would be a good start. If you want to know more about Cardinal, I have a thorough description of our very established reputation in my bio but I would be more than happy to answer any questions. If anyone is interested or knows anyone that would be potentially interested in this project, all the details are below including my contact information.
It's a 116 multifamily, market-rate, complex in the north eastern part of downtown Savannah. We're looking for investors (preferably equity financing but open to all sorts of inquiries by accredited investors) and need about $1,000,000 to get the work started. We're looking at market-rate returns (8-12%) and need to get moving in approximately the next 75 days.
Feel free to contact me either via BP or my contact information is in my bio as well.
Thanks,
Ben