Michael Lerner
Beverly Hills, CA (USA)
Role(s):
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Cohen Development
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Startup
Location:
Beverly Hills
Industry:
Real Estate
Year Founded:
1997
Number Employees:
1-10 people
Description:
Developers and builders, targeting, distressed multi-family and commercial projects, Bank-owned, 100+ unit apartments
Partially-completed, broken development projects and Note purchases. Offering - 8% to 12% preferred returns -20% to 40% overall annualized returns -Investor funds 90 to 100% of equity - 50/50 profit split between investor and developer. 1 to 3 year investment time frames. Targeting, Bulk purchases acquired at significant discounts
Class B and C properties, Projects located throughout the United States and Major metropolitan areas adjacent to job centers.