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Development

Deal Size

  • 200+ Units

  • $5 to $50 Million of Preferred Equity

Preferred Equity

Bluecrest principals have been investing preferred equity since 2018 and launched a programmatic joint venture with Ivanhoé Cambridg/CDPQ in 2021 that invests preferred equity in conventional, ground-up multifamily developments in high-growth secondary markets. We partner with top developers of conventional, multifamily developments in select target markets.

Seasoned Developers

  • 1,000± Units

  • Programmatic Relationship

Terms

  • Up to 80% LTC

  • 36 Month Term w/ Extensions

  • Competitive rates and minimum multiples

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