Right in the middle, 48 new multifamily residences.
Bought well under what it costs to build, and targeting a 22.8% projected IRR.
The 22.8% is a projected net investor IRR on a sample $500,000 position, from the offering's model. Not guaranteed.
Your call is booked
with from Talus Properties
This offering is open to accredited investors placing $100,000 or more, so a call can't be booked from here. If that changes, text us and Talus Properties will pick it up.
Add it to your calendar so it isn't missed.
Talus Properties calls you shortly after you book. Please pick up. It comes from a real person, not a queue, and it is the fastest way to get your questions answered.
Questions?
Text us
Talus Properties bought the building at about $66 a square foot, well below what it would cost to build new.
For years, Talus Properties invested only its own money. This offering opens its next project to accredited investors, with Talus Properties still putting in more than half the equity.
Distributions are structured quarterly and at exit, not as one check at the end.
Talus Properties puts in over half the equity, on the same terms as you. If the project underperforms, its money takes the hit before yours.
Talus Properties has two exits on record: Cherry Creek East, sold in 2014 at a 95.9% IRR, and Genesee Plaza, sold in 2016 at a 98.9% IRR. Past results do not guarantee future ones.
Talus Properties underwrites to the area's average rent, not the top comparable, so the model is not built on a best case.
$9.37Mtotal project cost, from the offering's model
$14.8Mprojected stabilized value, from the same model
95.9%and 98.9% IRR on Talus Properties' last two exits, both sold. Past results do not guarantee future ones.
Quarterlydistributions, and again at exit
The operator buys the building, holds the general contractor license, and puts its own equity in first.
Accredited investors only. The minimum is $100,000. No obligation. Four quick questions, then pick a time for a call.
See if I'm eligible (15 sec)