Property: Ground up development of 6-story mixed use complex comprised of 298 multifamily units, 7000 SF of creative office space and 6,650 of ground floor retail space in I.D.E.A. (Innovation-Design-Education-Arts) District (www.ideadistrictsd.com) in San Diego’s Upper East Village.
Project Capitalization: $90 Million
Client: Lowe Enterprises and I.D.E.A. Partners
Assignment: Retained to advise the Client in development strategy, valuation, and joint venture equity capitalization
- Facilitated equity capitalization, venture structuring, marketing presentations and tours with joint venture equity partner
- Formulated investment strategy and conducted entitlement, site, financial and market feasibility
- Created pro forma financial model and recommended target unit mix and market positioning
- CATEGORY Strategic Advisory