When commercial real estate softened in 2020, we secured this residential and commercial mixed-use project, and converted 7 low-lease commercial units into 5 high-end residential lofts. The project will be completed in 18 months.
Number of Units: 17 residential, 6 commercial
Acquisition Value: $2.1M
Exit Value: $4.4M
Total Project Return: 115%
Completion & Exit