JACKSONVILLE, Fla., April 9, 2018- Realtyevest was engaged by Miami developer Tzadik Management to raise $6.0M in preferred equity for its 1,000-unit multifamily acquisition in the Atlanta market. “RealtyeVest immediately understood the intricacies of our underwriting and was invaluable in the development of the capital stack and subsequent negotiations” said Adam Hendry, CEO of Tzadik.

The assets are located in the communities of Albany, Warner Robins and Atlanta, GA. “Although we have a very successful crowdsourcing platform, many of our capital raising engagements are completed off our site as preemptive Investment opportunities” said Dan Summers, CEO of RealtyeVest. “We have a very deep and diverse investor database. Many of which prefer larger stand-alone opportunities.” continued Summers.

As a result of this success, RealtyeVest, has been re-engaged to raise $15.0M for a 2400-unit portfolio currently owned by Tzadik Management. The portfolio was recently appraised at $165.0M, there is 108.0M in debt, $15.0M in preferred equity would bring the total leverage to 75% of the portfolio’s value.

RealtyeVest is a real estate crowdfunding marketplace that connects investors and sponsors (real estate owner-operators) with exclusive real estate investments. The company uses digital technology to disseminate and fund investment opportunities, with their platform allowing RealtyeVest members to browse, research and make informed investment decisions. With a diligent and forward-thinking team of underwriters, they focus on the most viable segments of the real estate market in order to minimize risk and maximize every investment opportunity.

If you would like more information, please call Dan Summers at 904-501-7693 or visit  https://www.realtyevest.com

The post Funds and Close $6.0 Million Equity Raise in 30 Days appeared first on RealtyeVest Crowdfunding News.