News

Landmark Capital Announces Successful Equity Capitalization – Arbor Lane

Landmark Capital Advisors is pleased to announce the successful equity capitalization of Arbor Lane. Joint venture equity proceeds of approximately $1,000,000 were used to cover option payments and process entitlements for a 114 unit townhome project in Ontario, CA.

Challenges of the assignment included:

1. The investment was underwritten as a “double escrow” transaction

2. The investment had entitlement risk with a hard close date

3. Capital was raised to cover option payments and entitlement expenses, not to purchase the site