CASE STUDIES
URBAN FOX
Hollywood, Los Angeles
- Value Add
- Acquired 53 (40 vacant) Multi-family historic building with retail and roof signage
- Off market @$19m
- Delivered, LP equity, Debt, Team to execute.
- Contractor turned round total building refurbishment in under 6 months
- Re-negotiated lease extension with retail tenant
- Exit lined up with REIT
- GDV $32m
Hollywood, Los Angeles
- Value Add
- Acquired 53 (40 vacant) Multi-family historic building with retail and roof signage
- Off market @$19m
- Delivered, LP equity, Debt, Team to execute.
- Contractor turned round total building refurbishment in under 6 months
- Re-negotiated lease extension with retail tenant
- Exit lined up with REIT
- GDV $32m
Docklands, London
- Acquired site off market for 204 bed hotel $4m
- Brought in forward funder and team to execute
- Delivered team to create branded hotel using modular construction
- GDV $75M
Bayswater, London
- Acquired vacant residential building close to Hyde Park
- Created 5 high end residential apartments
- Delivered full team to execute and deliver end product
- Now fully leased out
URBAN FOX
Hollywood,
Los Angeles (pending)
- Value Add
- Acquired 61 vacant units plus communal space in Multifamily/Extended Stay historic building.
- $15.9m
- Delivered, LP equity, debt, team to execute and best in class operator.
- Complete refurbishment due late 2022
- GDV @$27M
- Best in class operator in place to optimize rental income.
Hancock Park / Koreatown,
Los Angeles (in contract)
- Multifamily Income producing/value add/vertical and ground up elements.
- 99 existing income producing units, existing building to create 71 additional units, lot for a further 51 units.
- Will enhance vacant unitys amnd common areas to drive higher rents.
- $31.75m
- Delivered equity, debt, full professional team and operator.
- Will exit upon completion of all elements and stabilization
- GDV $102m
- Close 24th February 2023.
Long Island City,
New York (in progress)
- Value add and income producing mixed-use asset in fast growth sub-market.
- Acquired vacant 100 room hotel, income producing F&B and additional parking with further income streams to come from signage and commercial space.
- $40m
- Delivered equity, debt, full professional team and hotel tenant on master lease.
- Minor renovation complete early 2023.
- GDV @$65m
- Value Add
- Acquired 53 (40 vacant) Multi-family historic building with retail and roof signage
- Off market @$19m
- Delivered, LP equity, Debt, Team to execute.
- Contractor turned round total building refurbishment in under 6 months
- Re-negotiated lease extension with retail tenant
- Exit lined up with REIT
- GDV $32m
Peachtree, Downtown,
Atlanta (in contract)
- Value Add hotel/short stay repositioning in strong submarket.
- 109 room hotel with parking and cafe.
- Master Lease from Sonder for 10 years with fixed uplifts
- $14.2m.
- Delivered equity, debt, end user and full team to execute.
- Renovation to complete late 2023.
- GDV @$24m
- Close 1st April 2023.
URBAN FOX
Hollywood, Los Angeles
- Value Add
- Acquired 53 (40 vacant) Multi-family historic building with retail and roof signage
- Off market @$19m
- Delivered, LP equity, Debt, Team to execute.
- Contractor turned round total building refurbishment in under 6 months
- Re-negotiated lease extension with retail tenant
- Exit lined up with REIT
- GDV $32m
Docklands, London
- Acquired site off market for 204 bed hotel $4m
- Brought in forward funder and team to execute
- Delivered team to create branded hotel using modular construction
- GDV $75M
Bayswater, London
- Acquired vacant residential building close to Hyde Park
- Created 5 high end residential apartments
- Delivered full team to execute and deliver end product
- Now fully leased out
