PORTFOLIO

Newco Cumming

Acquired June 2023

Location: Atlanta, MSA

Unit Count: 3 Units

Target IRR: 38.04%

Target ROE: 26.71%

*IRR and ROE expressed as Project-Level Returns

Newco Cumming fund consists in the acquisition of land or existing properties to execute a new construction business plan executing a BTS strategy. Focused in assets with privileged locations. Proximity to schools, retailers & employers and preferably near other public or private major developments. Also, concentrated in submarkets with strong fundamentals with accretive dynamic for value generation