Issue link: http://deals.uberflip.com/i/1533849
Mul -Family Real Estate Development & Construc on Services Loca on: Midwest U.S. #64489 BUSINESS HIGHLIGHTS The Company is focused on real estate development, property management, consul ng, and construc on management services across the Midwest. The Company brings dis nct and in- depth knowledge of HUD (U.S. Department of Housing and Urban Development) funding programs such as Affordable Low-Income Housing Tax Credits (4% & 9%), City HOME, Community Development Block Grant (CDBG) Funding, FHLBI AHP, tax increment financing (TIF), and other mixed-income and affordable housing funding sources. Their primary revenues are derived from construc on management advisory fees, development fees, property management fees, as well as the proceeds from the sale of its projects. The Company u lizes specific, co-owned, "Project Companies" organized as independent LPs or LLCs. Marcia Conley Senior M&A Advisor E: mconley@genera onal.com O: 260-483-3199 C: 260-760-3306 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to the accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and/or its affiliate network members are agents for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. REVENUE / EBITDA 2023 REVENUE INVESTMENT APPEAL • One-Stop Shop: Through long-standing partnerships internally and externally, the Company will innova vely execute processes throughout all phases of the development, construc on, and property management. They are ver cally integrated but also have external rela onships to be able to scale Na onally. • Opportunity Zones Program: The Company is at the forefront of a new community investment program called The Opportunity Zones. The Opportunity Zones Investment Program supports the connec on of private capital with low-income communi es and urban revitaliza on. • Unique and Unmatched Exper se – HUD and Tax Credit Programs: The Company brings extensive exper se in HUD funding programs such as Sec on 42 Low-Income Housing Tax Credits – both at the 4% and 9% levels. Their team has a unique understanding of each state's qualified alloca on plan and affordable housing construc on management processes and procedures. They also have familiarity with HUD's opera ng sources such as Project Based Vouchers, Con nuum of Care funding, RAD conversions, and ACC subsidy. In expanding and diversifying its por olio, The Company brings exper se in the areas of TIF financing, tax abatements, Bond funding, New Market Tax Credits, and Historical Tax Credits, in addi on to conven onal capital sources. Genera onal Equity 3400 North Central Expressway, Suite 100 Richardson, TX, 75080 T. 972-232-1121 F. 972-392-8564 $1.43M $1.12M $3.15M $3.00M 2024 REVENUE (PROJ) 2024 EBITDA (PROJ) 2023 EBITDA SIGN NDA ► BUSINESS INFO • Founded in 2005 • 24 full- me employees • 4 part- me employees • 6,900 sq. . facility EMPLOYEE ROLE/COUNT Development 5 Property Management 12 Construc on 6 Core 5 2023 REVENUE SOURCES GROWTH OPPORTUNITIES • Capital Expansion • Geographic Expansion • Marke ng Development