Joint Venture Equity Opportunistic: $1.5MM - $7MM EQUITY CONTRIBUTION:Up to 90%PROPERTY TYPES:MultifamilyStudent HousingSenior HousingDevelopment or Ground-up constructionHOLD PERIOD:1.5 – 3 years with optional extensionsSPONSOR CO-INVEST:Minimum 10% of JV equityTARGET INVESTOR RETURNS:IRR – Mid/High teensSPONSOR EXPERIENCE:Sponsors with greater than $20 million in acquisitions experience. (However, Sponsors are evaluated on a case-by-case basis.)TIMING:45 – 60 daysSTRUCTURE:Single consolidate entity: one K-1, one distribution, one report