First Apartment Syndication

[Brendan Chisholm]

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $4,200,000

53 Unit Distressed multifamily asset in Newnan, GA (30 miles southwest of Georgia). Property is now stabilized and we added an additional unit. Going through refinance now

How did you find this deal and how did you negotiate it?

I was asked to join as a General Partner

How did you finance this deal?

Debt: Non-recourse Bridge to agency loan
Equity: Syndication

How did you add value to the deal?

Assisted identifying a debt broker that could source non-recourse debt. Now handling a large portion of the asset management.