Boutique Hotel Repositioning in NJ
The repositioning of a 100-key hotel and 16,000+ SF of retail across from the NJ Transit Station in Rahway, New Jersey
Location
Rahway, NJ
Investment Strategy
Opportunistic
Property Type
Hotel / Hospitality
Open To
Accredited Investors
Closed Date
Jan 2017
Status
Realized Investment Strategies
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Sponsor Details
Sponsor Designation
CrowdStreet categorizes sponsors based on their experience and track record so our investors can get a sense of the firm behind the deal.
Enterprise
FIRM AGE15+ YEARS
LEADERSHIP EXPERIENCE30+ YEARS
PORTFOLIO VALUE$5 B +
National Platform
Ranked in the top 250 for estimated value of total holdings per Real Capital Analytics
Tenured
FIRM AGE10+ YEARS
LEADERSHIP EXPERIENCE20+ YEARS
PORTFOLIO VALUE$500 MM +
Leadership has invested together over multiple cycles
Dedicated investor relations and accounting staff
Seasoned
FIRM AGE5+ YEARS
LEADERSHIP EXPERIENCE10+ YEARS
PORTFOLIO VALUE$100 MM +
Network of repeat investors
Established banking relationships
Affiliations with national industry associations ULI, NAOIP, CCIM, SIOR or IREM
Emerging
FIRM AGE< 5 YEARS
LEADERSHIP EXPERIENCE2-5 YEARS
PORTFOLIO VALUE< $100 MM +
Strong leadership experience
Experience in the proposed asset class and geographic market
Experience in managing individual investors
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Sponsor Equity
$230,000.00
3.1506849315068495%
Investor Equity
$2,070,000.00
28.356164383561644%
Senior Loan Amount
$5,000,000.00
68.4931506849315%
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Total
$7,300,000.00
100%
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