DEROSA CAPITAL 16
Derosa Group · Lexington, KY · 2 wk ago
OTHR$1000k/yrFull-time
About the role
The DeRosa Group is raising $1,000,000 of preferred equity from Accredited and Sophisticated Investors to optimize Crystal Gardens Apartments.
Responsibilities
- Optimize Crystal Gardens Apartments, a 136-Unit Garden Style Apartment Complex located in Lexington, KY.
- Drive occupancy and revenue higher through additional investments of $1M of preferred equity.
- Address critical projects to ensure a successful refinance and eventual sale.
- Ensure the property's performance is optimized with the help of the newly integrated property manager, DeRosa Living.
Requirements
Investors must be Accredited and Sophisticated.
Qualifications
- Experience in real estate investment and management.
- Understanding of market trends and economic indicators relevant to Lexington, KY.
- Knowledge of preferred equity structures and distributions.
Skills
- Strong financial acumen.
- Ability to manage and grow a portfolio of assets.
- Experience in property management and stabilization.
Benefits
- Opportunity to invest in a stabilized and growing apartment complex.
- First-in-line for all cash flows upon refinancing.
- Guaranteed principal return post-refinance.
Pay
10% Preferred Return, monthly distributions.
Schedule
Investment hold time of 3 years (or less).
Benefits
- Confidence in the asset's ability to achieve profitability and a successful exit.
- Opportunity to contribute to the DeRosa Group's mission of transforming lives through real estate.
Contact
To learn more about this opportunity, contact us at [Contact Information].