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RE · REAL ESTATE

MACP Cornerstone Fund IV, LP

Morrison Avenue Capital Partners · Multifamily Real Estate Fund

Program Overview

Multifamily Real Estate Fund
MACP Cornerstone Fund IV, LP
Peer Group Filters
Objectives
IncomeCapital AppreciationDiversification
Asset Class
Real Estate
Vehicle
LPFund
Single / Multi Asset
Multi-Asset
Asset Class
Real Estate
Issuer
MACP Cornerstone Fund IV, LP
Issuer Legal Structure
Delaware Limited Partnership
Program Life Structure
Finite
Securities Offered
Program Hold Period
6–9 years
Target Leverage
Target 75% LTV Stated as a percentage of total acquisition and development costs (loan-to-cost), not appraised value; 75% is the average portfolio target and 80% is the cap per project.
Strategy Risk/Return Profile
Value Add, Development
Managing Broker-Dealer
Target Offering
$100,000,000
Extendable To
$175,000,000
Minimum Investment
$1,000,000
LP Interests · waivable
Strategy Overview

The Partnership invests in existing and to-be-developed multifamily properties in the Southeastern United States, with a focus on tertiary markets. Investment activity includes acquisitions, development, repositioning, and dispositions. The Partnership targets project-level leverage of up to 80% and approximately 75% at the portfolio level. Investments are generally structured through subsidiary entities controlled by the General Partner or its affiliates and may also include joint ventures with third parties.

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