Prospective Opportunity
Multifamily
Orange County, CA
Total
Units
Units
60
Targeted
IRR
IRR
21%
Target
Equity Multiple
Equity Multiple
2X - 3X
Prospective Opportunity
Multifamily
Nashville, TN
Total
Units
Units
77
Targeted
IRR
IRR
19%
Target
Equity Multiple
Equity Multiple
2.5X - 3X
Prospective Opportunity
Multifamily
Austin, TX
Total
Units
Units
44
Targeted
IRR
IRR
20%
Target
Equity Multiple
Equity Multiple
2.3X - 3.2X
Prospective Opportunity
Multifamily
Austin, TX
Total
Units
Units
222
Targeted
IRR
IRR
22%
Target
Equity Multiple
Equity Multiple
2.8X - 3.5X
Prospective Opportunity
Multifamily
Phoenix, AZ
Total
Units
Units
68
Targeted
IRR
IRR
20%
Target
Equity Multiple
Equity Multiple
2.7X - 3.2X
Prospective Opportunity
Multifamily
San Diego, CA
Total
Units
Units
36
Targeted
IRR
IRR
19%
Target
Equity Multiple
Equity Multiple
2.4X - 2.8X