Investor LoginTowers of Coral Springs
Towers of Coral Springs
 |
 |
| Acquisition Date: | October 2010 |
| Location: | Coral Springs, FL |
| Size: | 75,605 square feet of office space |
| Investment Opportunity: | Purchase at a significant discount due to property going into bankruptcy. |
| Results: | Renovations of the property will be finished by Q1 2012; Increased occupancy from 68% to 85% within 12 months of operation. Refinance with better terms and return of equity in Q4 2011; projected cash on cash shall be 2 digits. |