Overview || Acquisition Criteria

 

	Equity & Preferred Equity	Mezzanine
Type	JV	Debt
Investment Size	$2 million to $25 million
Term	Up to Five Years
Property Type	Office Retail Multi-Family Industrial Self Storage Student Housing
Market	Non-tertiary MSA over 1 million Stable to Improving Fundamentals
Business Plan	Construction Repositioning Rehab Lease-Up
Pricing	Competitive, market-based pricing
Equity Priority	Equity:  Pari-Passu Preferred Equity: Wrightwood Preferred	Wrightwood Preferred
Recourse	N/A	None, except carveouts
Fees	0-2%	1-2%
Sponsor Promote	Over Hurdle Rates	None