Targeted Investor IRR
21.3%
Targeted Equity Multiple
2.29x
Targeted Investment Period
5 Years
Investment Profile
Value-Add
Cost Per Unit
$51,671
Acquisition Cost
$5,268,000
Equity Raised
$2,435,000
Targeted Investor IRR
28.3%
Targeted Equity Multiple
1.94x
Cost Per Unit
42,484

Mountainside Apartments Birmingham, AL

Targeted Investor IRR
23.1%
Targeted Equity Multiple
1.8x
Targeted Average Cash Yield
10.5%
Targeted Investment Period
3 Years
Closed 5/9/2018

Cedar Grove Apartments Augusta, GA

Acquisition Cost
$4,975,000
Equity Raised
$1,575,000
Targeted IRR
12% / 34.9% yield
Targeted Equity Multiple
2.31x
Closed 12/18/2017

RREAF Gulf Coast Portfolio II Multiple, MS & AL

Targeted Investor IRR
34.6%-42.7%
Targeted Equity Multiple
2.7x-3.7x
Targeted Investment Period
3-5 years
Investment Profile
Opportunistic
Closed 12/16/2017

Charlestowne South Apartments Augusta, GA

Acquisition Cost
$4,650,000
Equity Raised
$2,110,000
Targeted IRR
12%
Targeted Equity Multiple
2.20x
Closed 12/14/2017

The Corners

Acquisition Cost
$10,000,000
Equity Raised
$4,275,000
Targeted Investor IRR
43.8%
Targeted Equity Mulitple
2.70x
Closed 11/5/2017

RREAF Multifamily Fund I South and Southeast United States

Targeted Investor IRR
28.4%
Targeted Equity Multiple
2.0x
Targeted Investment Period
3 years
Investment Profile
Equity Fund
Closed 10/24/2017

Foxgate Hattiesburg, MS

Acquisition Cost
$17,250,000
Equity Raised
4,300,000
Targeted Investor IRR
31.6%
Targeted Equity Multiple
2.12x
Closed 10/12/2017

Fox Run Apartments Dothan, AL

Acquisition Cost
$7,800,000
Equity Raised
$2,034,000
Targeted Investor IRR
21.5%
Targeted Equity Multiple
1.71x
Closed 9/6/2017

Harvard House, LLC San Angelo, TX

Acquisition Cost
$9,250,000
Equity Raised
$2,572,000
Targeted Investor IRR
22.2%
Targeted Equity Multiple
1.44x
Closed 5/31/2017

Bent Tree, LLC Big Springs, TX

Acquisition Cost
$9,250,000
Equity Raised
$2,572,000
Targeted Investor IRR
22.2%
Targeted Equity Multiple
1.44x
Closed 5/30/2017

Days Inn Pensacola Pensacola, FL

Acquisition Cost
$17,848,650
Equity Raised
$5,248,650
Targeted Investor IRR
32.0%
Targeted Equity Multiple
2.16x
Closed 5/4/2017

Eli West Houston, TX

Acquisition Cost
$4,690,000
Equity Raised
$2,190,000
Targeted Investor IRR
29.0%
Targeted Equity Multiple
1.38x
Closed 10/30/2016

Fountaingate Apartments Wichita Falls, TX

Acquisition Cost
$13,809,000
Equity Raised
$5,085,000
Targeted Investor IRR
25.5%
Targeted Equity Multiple
1.84x
Closed 9/29/2016

Oakwood Enid Enid, OK

Acquisition Cost
$5,000,000
Equity Raised
$1,600,000
Targeted Investor IRR
19.8%
Targeted Equity Multiple
2.11x
Closed 5/20/2016