Thomas Vendryes
Dallas, TX (USA)
Role(s):
Founder/Owner/Principal
Pasquini-Chandler Holding Group LLC
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Location:
Dallas
Industry:
Real Estate
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
We are seeking partners to add to our investor team. Pasquini-Chandler Holding Group is pursuing a focused acquisition strategy of TX Multi-Family properties in the $10M+ range in specific targeted locations and property types. The objective is to take advantage of certain buying opportunities that exist in the current (URL removed)ht now. We have ongoing opportunities to present. Our board member investor has committed to providing 80% of the cash for the down, closing costs and other cash needs.
Our typical deal structure is 75% debt service and 25% equity we have 80% of the 25% equity portion funded and we seek the remaining 20% with a solid core of investors. We also have been committed 100% of the debt service We are flexible in creating mutual opportunity and are paying a minimum of an 8% preferred return to our equity partners and an overall IRR annualized return will target at least 10-15%, possibility higher depending on the acquisition. We are an experienced property management and acquisition group and will of course provide details re our strategy including proformas, business plan etc. There is a 3-5 year exit plan in place. We are interested to hear from you as to your interest level, we have active deals we are pursuing. The initial goal is to complete 50M+ of acquisitions in 2011.
Tom Vendryes
Pasquini-Chandler Holding Group LLC
(Phone # removed)