- Capstone acquired a discounted note secured by a 138,000 SF grocery anchored retail center anchored by Price Chopper and Peebles.
- Capstone recapitalized the center, implemented a $1.25M capital improvement program and increased occupancy to 90% from 70%.
|Property Size||138,000 SF|
|Realized Investor IRR||35.6%|
|Realized Average Cash Yield||6.2%|
|Realized Investment Period||4 Years|