The Lofts on Fountain

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Projected IRR

40%

Projected Hold

3 Years

Year Acquired

2025

The Lofts on Fountain, purchased as part of a heavily distressed portfolio, was acquired at a low basis of $39k/unit and offers strong return potential for our investors - but a high amount of work for our ECA teams.  After implemented an aggressive CAPEX plan that is north of $20k/unit, the expectation is that this 242-unit complex will be one of the best in the city.

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