Janie B Apartments- 1st Deal

[Joshua Adlam]

Investment Info:

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

Purchase price: $6,000,000

48 unit value add deal in seminole heights

What made you interested in investing in this type of deal?

Was luckily enough to join a syndication during covid. The deal was my first one out of college, in which I was the asset manager for

How did you finance this deal?

20% down via CBRE

How did you add value to the deal?

I led the renovation charge in renovating 40/48 units and adding 4.5 MM in value

What was the outcome?

Property now valued at 10.5MM +