Fund I Portfolio

Medical Office Building Fund

Various, United States

Description

A 98% leased portfolio of 7 medical office buildings (MOBs) features a key anchor tenant, DaVita Kidney Care, a Fortune 500 healthcare company. The properties are in thriving markets with prime retail visibility, ensuring steady income.

With an experienced sponsor, the potential for increased returns is enhanced through strategic property sales and rent adjustments.

River-Oaks-BuildingPhoto-3-scaled

Details

Target Equity Multiple: 1.7x

Target IRR: 18%

Deal Type: Value-add

Asset Type: Medical Office Buildings (MOBs)

Sponsor: Ridgeline Capital Partners

Target Investment Period: 6 years

More Portfolio Properties

200 West Jackson, Chicago, Illinois

Office | Core+ | Target IRR 19%

Solace on Peachtree, Atlanta, Georgia

Multifamily | Value-add | Target IRR 18%

East Broad Street, Richmond, Virginia

Multifamily | Value-add | Target IRR 19%

The Joinery, Charlotte, North Carolina

Multifamily | Opportunistic | Target IRR 20%

32nd & Eliot Apartments, Denver, Colorado

Multifamily | Opportunistic | Target IRR 20%

The Waterford, Austin, Texas

Multifamily | Opportunistic | Target IRR 20%

19th & Chestnut, Denver, Colorado

Multifamily | Opportunistic | Target IRR 19%

Country Meadows, Madison, Wisconsin

Multifamily | Value-add | Target IRR 16%

Hampton Inn, Myrtle Beach, North Carolina

Hotel | Value-add | Target IRR 20%

The Wyndham Riverwalk, San Antonio, Texas

Hotel | Value-add | Target IRR 20%

Last Mile, Orlando, Florida

Industrial | Value-add | Target IRR 20%

Distribution Center, Bunsen, Kentucky

Industrial | Value-add | Target IRR

Medical Office Fund

Medical | Value-Add | Target IRR 18%

Boat & RV Storage, Nashville, TN & Charlotte, NC

Storage | Opportunistic | Target IRR 16%

The Hotel at Avalon, Alpharetta, Georgia

Hotel | Core+ | Target IRR 22%

Ashbury Court, Laurel, Maryland

Value-Add | Multifamily | Target IRR 15%

Micro-Unit Apartments, Washington, D.C

Opportunistic | Multifamily | Target IRR: 20.1%

Confluence at Three Springs, Durango, Colorado

Core+ | Multifamily | Target IRR: 15%

Biotechnology Lab, Cambridge, Massachusetts

Opportunistic | Property Type | Target IRR: 21.9%