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YEAR IN REVIEW
-
ADVENIR AT LEGADO RANCH (acquisitions)
- Year Built:
- 2018
- Total Capitalization:
- $72,830,000
- Current Cash Return:
- 8%
- Acquired:
- 2019
- Equity:
- Private
- Financing:
- Freddie Mac, 7 year term, 3 years IO
-
ADVENIR AT MAYFIELD (acquisitions)
- Year Built:
- 2008
- Total Capitalization:
- $58,085,000
- Current Cash Return:
- 8%
- Acquired:
- 2019
- Equity:
- Private
- Financing:
- Freddie Mac, 7 year term, 3 years IO
-
ADVENIR AT ONE ELEVEN (acquisitions)
- Year Built:
- 2016
- Total Capitalization:
- $41,400,000
- Current Cash Return:
- 6%
- Acquired:
- 2019
- Equity:
- Private
- Financing:
- Loan Assumption
-
Advenir at The Meadows (acquisitions)
- Year Built:
- 1981
- Total Capitalization:
- $41,650,000
- Current Cash Return:
- 8%
- Acquired:
- 2019
- Equity:
- Private
- Financing:
- Freddie Mac 7 year term, 3 years IO
-
ADVENIR AT PRESTONWOOD (dispositions)
- Invested Capital:
- $9,800,000
- Sale Proceeds:
- $37,600,000
- Equity Multiple:
- 1.34x
- Annualized Return:
- 11.2%
- Years Held:
- 3
- Date Sold:
- 2019
-
ADVENIR AT SPRING CANYON (dispositions)
- Invested Capital:
- $12,100,000
- Sale Proceeds:
- $69,300,000
- Equity Multiple:
- 2.96x
- Annualized Return:
- 35.7%
- Years Held:
- 5.5
- Date Sold:
- 2019