City Heights is nearly funded, and on track to break ground in the Spring. We are continuing to raise money for this incredible project, and are thrilled with some recent developments.
We have secured a lower interest rate (down a full point), and have decreased our construction costs by 10%. These numbers indicate a great shift, and an even bigger opportunity for investors.
We are closer to being fully funded. If you'd like to speak with the team prior to making a decision, email us at invest@jacobgrant.com.
You can view the City Heights Investment Highlights and Details below. In case you missed it, you can also watch our webinar on the City Heights opportunity where we:
🔍 Walk you through the highlights of this investment opportunity
🔍 Review the details of the property itself
Type: 506 (B)
Asset Class: Mixed-Use
Minimum Investment: $50,000
Preferred Return: 8%
Projected Equity Multiple: 2.33x
Projected IRR: 14.94%
Projected AAR: 33.31%
First-Funded Model
Due to incredibly strong investor demand, investments will be accepted on a "first-funded" basis. This means you will need to fund your investment immediately following your commitment and your commitment is only secured once we receive your funds.