CrowdFunz - Equity Pledge Debt Fund 606

Investment: $2,000,000 Est. Annual Return: 6.75% ~ 7.0%
Investment Type: Debt (First Lien)
Minimum Investment: $50,000
Projected Term: 12 - 15 months
Est. Annual Return: 6.75% ~ 7.0%**(1-2 units 6.75% ; 3+ units 7%)

The project is located at Long Island City, Queens, New York. Lot size is 16,968 sq ft. Planned building height is 11 stories, and gross floor area is 119,950 sq ft, including ground floor commercial space, 1st floor commercial space, 2nd floor parking(30 parking slots) and 69 condo units.

The total cost of the project is about $60,000,000, including $23,000,000 of land acquisition, $29,339,400 hard cost, $3,660,000 soft cost and $4,180,000 financial cost. It is planned to finish demolition in July, 2017, start construction in August, finish main structure in August, 2019, and get the occupation permit in October.The total term of the project will be about 3 years.

Type	Source	Amount	Percentage
Debt	Investors and Other	$12,000,000	52.2%
Common Equity	Developer	$10,000,000	47.8%
Total		$2,300,000	100%

Among the total $12,000,000 land loan, $2,000,000 will be raised from CrowdFunz and 10,000,000 will be raised by another company. CrowdFunz and the other company are equal and are both first lien.

类别	0	1	2	3	4
开发商
开发商经验		1-2 年	3-5 年	6-10 年	10+ 年
开发商业绩	0-3M	3-10M	10-50M	50M+
信用分数		合格	良好	优秀	卓越
房地产抵押	无	是
财务数据
Investor Equity%	>60%	50%-60%	40%-50%	25%-40%	<25%
优先债比例	70%-79%	60%-69%	50%-59%	1%-49%	0%
地理位置
地点		远郊	城市非核心区域	城市核心区域
生活便利指数	0-49	50-69	70-89	90-100
市场供需关系	供>>需	供>需	供≈需	供<需	供<<需
项目类型
开发阶段		新建项目	增值项目	稳定项目
入驻率		低	一般	高	非常高
投资周期		60+ 月	25-60 月	13-24 月	< 12 月

PPM (Only available to accredited investors)

Subscription Agreement (Only available to accredited investors)

Operating Agreement (Only available to accredited investors)

Appraisal (Only available to accredited investors)

Condo Development Land Loan 606