Advisory and Equity Raise

Target Rock Partners' equity placement success has been driven by our access to lower-cost capital sources that are seeking passive partnerships with successful operators.  These range from private investors to large institutional funds.  Our knowledge of the investment criteria of our equity sources allows us to identify the appropriate capital source and enables the acquisition, construction project or recapitalization to close quickly.  We have had great success in closing with single source capital providers that can offer the entire capital stack of first mortgage, mezzanine, preferred equity or joint venture equity.  The following is a list of representative transactions and assignments.

$46,025,000

Texas Hotel Portfolio

470 Rooms

 

  • Acquisition Financing

  • 1st Mortgage Bridge

  • Preferred Equity

  • 86% LTC

$32,375,000

Southeast Grocery Portfolio - 293,300 SF

 

  • Recapitalization

  • 1st Mortgage/Mezzanine

  • Participating Equity

  • 93% LTC

$18,000,000

Illinois Grocery Center

200,000 SF

 

  • DPO Advisory/Recap

  • $18M Note Sale

  • $15.5M Bridge Loan

  • $2.5M Equity

$30,550,000

Southeast Grocery

Portfolio - 310,000 SF

 

  • Recapitalization

  • 1st Mortgage/Mezzanine

  • Participating Equity

  • 97% LTC

$27,500,000

Michigan Power Center

75,000 SF

 

  • DPO Advisory

  • Note Sale Advisory

  • Equity Raise

$5,200,000

Texas Hotel Property

61 Rooms

 

  • Acquisition Financing

  • Bridge Loan

  • Preferred Equity

  • 86% LTC

$7,300,000

Oregon Multifamily

156 Units

 

  • Recapitalization

  • Family Office

  • JV/Preferred Equity

  • 85% of Equity

$8,700,000

Utah Multifamily

253 Units

 

  • Recapitalization

  • Family Office

  • JV/Preferred Equity

  • 85% of Equity

$5,700,000

Florida Multifamily

228 Units

 

  • Acquisition Finance

  • Preferred Equity

  • 88% LTC

  • 7 yr term

$7,250,000

Florida Multifamily

276 Units

 

  • Acquisition Finance

  • Preferred Equity

  • 86% LTC

  • 10 yr term

$5,600,000

South Carolina Retail

58,000 SF

 

  • Acquisition Finance

  • Bridge Loan / Participating Equity

  • 90% LTC