A 24-story residential and retail project by an experienced sponsor - now open to accredited investors.

* The renderings pictured are for illustrative purposes only and may not represent the final design, layout, or finishes of the project. All features, specifications, and timelines are subject to change.

Quick Facts:

• Located in one of the "hottest" sub-markets in all of Metro Phoenix
• 328 residential units + retail space
• Ground-up development led by experienced sponsor
• 3-5 year anticipated hold (not guaranteed)

* For verified accredited investors. Not an offer; see details below & official documents by contacting us

Why Phoenix?

A Fast-Growing, Highly Desirable Sunbelt Market With Strong Housing Demand

• One of the fastest-growing metros in the US: Phoenix continues to post some of the highest population gains nationally, driven by migration from California, the Midwest, and the Northeast.(Census Bureau)
• Strong inflow of companies and jobs: Corporate relocations and expansions across tech, finance, healthcare, and biosciences sectors have accelerated employment growth across the Sunbelt and in the Phoenix region.(CBRE)
• Sunbelt markets lead multifamily demand: Phoenix is part of the broader Sunbelt region capturing a significant share of national multifamily absorption as people and employers shift toward lower-cost, high-growth metros.(Clarion Partners)
• High renter demand supported by sustained in-migration: Population growth, job creation, and relative affordability continue to support strong multifamily rental demand across the Phoenix metro.

Why Downtown Phoenix?

A Rapidly Expanding Urban Core With Strong Infrastructure, Education, & Employment Drivers

• Over $8B in public and private investments since 2005: Major redevelopment across arts, culture, universities, an infrastructure has created a vibrant live-work-play center.(Downtown Phoenix - Business)
• Expanding residential population: More than 24,000 residents now live downtown - reflecting increasing demand for modern, centrally located housing.(Downtown Phoenix)
• Major education and bioscience hub: ASU Downtown, the Phoenix Bioscience Core, and associated institutions bring more than 15,000+ students, faculty, and research workers to the area.(Phoenix Bioscience Core)
• Dense employment within 1, 3, and 5 miles: With 55K-300K+ jobs across adjacent radiuses, Downtown Phoenix offers strong built-in demand for housing, retail, and services.(Downtown Phoenix)
• Transit-oriented and walkable: The Central & McDowell area provides direct access to the Valley Metro light rail, major employers, stadiums, medical facilities, ASU campuses, and other downtown amenities.

Central & McDowell: Prime Micro Location at a Major Downtown Gateway

• Located at the high-visibility intersection of Central Ave. & McDowell Rd: Positioned at a major transit-served gateway to Downtown Phoenix's cultural and employment districts.
• Directly adjacent to key downtown anchors: Includes the Phoenix Art Museum, ASU Graduate Campus, Phoenix Public Library, Hance Park, and several major residential developments.
• Walkable, transit-oriented, high-demand area: Immediate access to the Valley Metro light rail, bike/pedestrian corridors, and major downtown amenities.
• Surrounded by major employers and institutions: Within minutes of medical centers, education campuses, government offices, law firms, and arts/culture centers.

Building Information:

Projects Completed by the Same Sponsor:

The sponsor has a strong track record of building residential developments in the Phoenix Metropolitan area. A couple of those developments include the following:

Project Information:

Objectives:

• Entitling, developing, and improving approximately 3.29 gross acres (2.78 net developable acres) of vacant land located at the southwest corner of N. Central Avenue and W. McDowell Road in Phoenix, Arizona
• Constructing a mixed-use residential and commercial development consisting of:
  • A 24-story apartment tower with ~328 residential units plus ~4,100 square feet of ground floor retail and restaurant space, as well as ~2,000 square feet of art gallery space
  • A separate but adjacent single-story building with ~17,500 square feet of retail space, together with common area improvements and ancillary amenities
• Managing, leasing, maintaining, keeping up, and repairing the Property and the Improvements
• Ultimately selling or otherwise disposing of the Project within approximately five years after the Final Admission Date

*There is no guarantee the investment objectives will be met

Asset Class:

• Class I Units (income): Current income (quarterly distributions) and return of Investors' capital
• Class G Units (growth): Opportunistic growth and return of Investors' capital
  

Deal Structure:

• Equity Investment: Investors purchase membership interests (Units) in the company, which entitles them to distributions based on the class of Units they hold.
• Distributions: Proceeds from operations, refinancing, or sale of the project are distributed in a prioritized sequence based on the class of Units.

Term Length:

• Initial Term: 5 years from the Final Admission Date.
• Extensions: The Manager may extend the term for up to two additional 12-month periods without Member consent. Further extensions require Majority Member Consent.

Disclaimers:

• This offering is for verified accredited investors only. See more about what an accredited investor is below.
• This is not an offer to sell or solicitation to buy securities. Any offer will be made only through official offering documents.
• Investing in private placements involves risk, including the loss of principal.
• Past performance is not indicative of results. 
• There is a minimum investment amount for this offering.

Offering Risks:

• Downturn in Phoenix Residential Market: Real estate markets are cyclical by nature, so the risk exists that the demand for apartment
  units in Phoenix metro may fall. As such, there is no guarantee that rental rates and occupancies will be sufficient to cover operating
  expenses and service any debt obligations.
• Ability to Control Construction and Operating Costs: Labor and materials costs can unexpectedly rise, making the project more
  expensive than budgeted. This can result in the need for additional amounts of capital to complete the project then anticipated, thus
  diluting potential investor returns.
• Leverage of Assets (Use of Debt): The Manager anticipates using leverage which will sit senior to both classes of equity units.
  Weaker than anticipated rental and occupancy rates, along with sudden increases in interest rates, can make the servicing of this debt
  untenable and increase the risk of foreclosure and investment losses.
• New Company: The Company is a new entity with no prior history of operations and little to no assets. Investors are relying primarily
  upon the ability of the Manager to perform his duties against the strategies as outlined in the PPM as means of generating investment
  returns.
• Death/Disability of Key Personnel: The Manager may perish or become significantly disabled during the term of the investment
  program, which if such even occurs, may impact the performance of the Company.