This is for the agent/developers looking for JV partners on deals they're posting here on Brevitas. I'm working direct with an international funding platform looking for development opportunities here in the US.

Criteria:
Sponsor - experienced with good track record in the market
Equity check they can bring- $2.8m.-$3.5m. per deal! (if really strong sponsor and an attractive project up to 3 years, they can bring up to $15m. equity check)
First deal - min. 20% equity investment from the local sponsor. From second deal- 10%.
Type of assets: development projects, value-add projects, yielding assets (if can meet the yield requirement below) - residential (multi-family or condos), student housing, retail (service oriented centers), senior living, logistics/self storage
Investment Length: up to 3 years (exit strategy could be: sale of project, refinance and paying off equity+return, buying them out at agreed terms).
Investor's Expected Yield (leveraged): above 20% IRR

I will need developers bio and a summary of the specific projects they want to raise equity for. There is more to discuss so please reach out if you're interested in learning more.

BR,
Prince