Past Full Cycle Investments
Choosing the right investment partner is one of the most important aspects of private investing. We value our investors trust and work hard to execute on that trust. Please see the below exit summaries for some of our past projects.
The 166 unit property was purchased for approximately $2,700,000 and underwent a more than $5,700,000 renovation that took it back to the studs; effectively turning a class C project into a class A+ multifamily property.
Investors realized an internal rate of return (“IRR”) of 11.51% and a cash-on-cash return of 1.64x over the 57-month investment horizon.
The actual investment period of 49 months allowed Bridgeview to benefit from positive demand factors and a compressed cap rate environment, which led to a sale price ($25.4 million) over 22% higher than projected.
Bridgeview’s investors realized an internal rate of return (“IRR”) of 18.65% and a cash-on-cash return of 2.01x over the 49-month investment horizon.
Farmers Branch, TX
Jefferson Alpha West was sold on June 3rd, 2021, for $92.0 million. Bridgeview’s investors realized an internal rate of return (“IRR”) of 31.9% and a cash-on-cash return of 2.37x over the 40-month investment horizon.
Over the 29-month investment horizon, the property’s annualized NOI had increased to approximately $2.3 Million (an increase of over 60% from acquisition).
Ongoing management of existing developments is crucial to providing the investor returns we’ve been able to produce in our full cycle projects. Check out our ongoing fully funded projects and some specifics that make them unique.