TOPAZ acquired this property with the same syndicate of domestic and international UHNWI and Family Offices partners in late 2019. The deal was structured with staggered hold periods with nuanced exit strategies; tiered and complementary renovation programs, thoughtful and diligent business plans to optimize returns. The debt and ownership structures were tailored to suit LP regulatory, tax and investment objectives. Flexibility in operating agreements accommodate our LP investor’s tax sensitivities and reporting requirements.
Property Website: www.topazplazajax.com
Number of Units: 281