LMDG Launches Fund III - $100,000,000

[Aaron Merriman]

OVERVIEW

Lujan-Merriman Development Group ("LMDG") has launched its third fund LMDG Fund III, LP. ("Fund III")

LMDG and its affiliates have completed over $100,000,000 in transactions as an owner. Our goal is to generate stable and growing distributions for our investors while protecting them against downside risk.

INVESTMENT STRATEGY

Fund III will focus on intrinsic real estate value that translates into long term cash flow and immediate value enhancement. Fund III targets assets within coastal cities in Los Angeles and Orange County as well as strategic neighborhoods within Los Angeles, Hollywood, and West Hollywood.

Fund III will emphasize a long-term hold strategy with a strategic market focus backed by strong fundamental analysis of economics, demographics, and local supply and demand conditions.

SUMMARY

• Fund III Size: $100,000,000
• Target Investor IRR: 8% - 12%
• Target Equity Multiple: 2.0x - 3.0x
• Investment Period: 10 years
• Investment Profile: Value-Add Income
• Property Type: Multifamily, in-fill land, and single-family residential
• Minimum Investment: $50,000
• Management Fee: 0%

For greater detail, download our flyer today.