This New Real Estate Investment Offering Comes With 16.1% Targeted Annual Return

CrowdStreet, a real estate investment platform, opens a new commercial real estate investment opportunity for a light industry development portfolio in northern New Jersey on Tuesday.

The investment offering, the NJ Light Industrial Development Portfolio, will fund the development and stabilization of three properties totaling 173,763 square feet in New Jersey’s infill markets.

The high barrier to entry of the commercial real estate market in New Jersey makes this a unique opportunity for investors, according to CrowdStreet.

The deal sponsor assumes that two of the properties will be ready for occupancy by the third quarter of 2022, the third property by the fourth quarter.

The sponsor’s plan is to lease the three properties and distribute the cash flow to investors until they identify the right opportunity to sell the portfolio for a profit.

Investment highlights

• Targeted Investor IRR: 16.1%

• Targeted equity multiple: 1.8x

• Target average cash return: 7%

• Targeted investment period: 4 years

Deal sponsor

The transaction is sponsored by Denholtz Properties, a fully integrated real estate development, investment and management company.

See also: How to Invest in Real Estate Online

The company has a proven track record with similar projects in markets such as New Jersey, Florida and Chicago.

Further details on this option and other crowdfunding offers can be found on the CrowdStreet investment platform.

Photo: Courtesy of CrowdStreet.

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