1110 PLACE

Purchased as lender REO, EMI leveraged a rising market with a rapid property cosmetic and service reposition.  With 2.5 years ownership, and 25.1% IRR, the asset was re-syndicated, with the sellers deploying near  2x their equity, to 50% more units and 7% stable beginning cash flow.

  • $7,045,278 Equity Investment
  • 95% Net Return
  • $6,694,105 Profit
  • 38.0% Net Annual Return
  • 12. 2016 – 06. 2019 Term
  • 25.1% Net IRR