Preview
Creation Date
10-25-2023
Description
In Spring of 2023 Endurus Capital, a Minnesota-based private equity real estate firm, raised approximately $10M of private investor funds to purchase a 94 unit townhome in Columbus, Ohio for $20M. The project focused on both the total capital stack (sourcing of debt and equity), investor projected return, as well as the use of funds for deferred maintenance and property improvements. Detailed information related around risk management and investments criteria will as be included as well as an overview on the multifamily asset class.