Sunbelt Multifamily Fund I ("SB1") Pro Forma & IRR Scenario Analysis
The Ballast Rock management team have nearly completed the acquisition stage of Sunbelt Multifamily I L.P. ("SB1"). SB1 expects to purchase a portfolio of approximately $75mm of workforce multifamily housing assets in the Southeast. This acquisition stage will take as long as is needed to identify assets that fit the quantitative and qualitative criteria of the fund.
The below information will be updated as properties are put under contact, but please be aware that closings regularly change and properties do on occasion fall out of contract. We do not provide names of properties in contract until they are under management as we are typically under confidentiality agreements with the seller during the contract period.
The below information will be updated as properties are put under contact, but please be aware that closings regularly change and properties do on occasion fall out of contract. We do not provide names of properties in contract until they are under management as we are typically under confidentiality agreements with the seller during the contract period.
SB1 Pro Forma
SB1 Geographic Breakdown
SB1 Scenario Analysis
Projected investor-level return data is presented on a net basis and reflects the deduction of carried interest and entity-level expenses, including, but not limited to, management fees, professional fees, organizational fees, and interest. There is no assurance that projected returns will be achieved.
