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Sponsor Track Record
Deep knowledge of the Philadelphia and
New York markets, executing on a specific
product type and plan, making each
sourced opportunity unique.
Cohesive team with broad expertise across
development, finance, investment and
asset management1.
700
Successfully executed construction starts
since 20102
Full transparency and access is always
granted to our investment partners on
current projects, and our pipeline of
opportunities.
Superior results and reputation will drive
continued growth.
200
500,000,000
150
400,000,000
100
300,000,000
200,000,000
50
100,000,000
0
2011
2012
Unit Starts (LHS)
1
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≈$
2013
2014
2015
500
Million. Completed value of units developed
since 2010
Current Projects: Two large-scale planned
unit developments in Philadelphia, and
seven condo projects in Brooklyn (of
similar size & scope as the subject
Property).
2010
+
Apr-16
Cumulative Completed Value (RHS)
1. An overview of NRIA’s key personnel is available upon request.
2. Property level information is available upon request.
290
+
Units sold since 2014
NRIA Track Record
Annual per unit development cost, a path to providing luxury living in urban markets
1,000,000
Average Cost / unit / year
800,000
600,000
400,000
200,000
75%
2010
2011
2012
2013
2014
2015
≈
2016
$40,000,000
$175,000,000
$150,000,000
$125,000,000
$100,000,000
$75,000,000
$50,000,000
$25,000,000
$0
Average cumulative project
growth since 20111
Cumulative Implied Equity (Completed Value - Development Cost)
$30,000,000
Cumulative Aggregate Capital Raised/Invested (RHS)
$20,000,000
$10,000,000
$0
2010
2011
2012
2013
2014
2015
2016
With an average Investor equity multiple of 4x, it is clear our strong performance continues to support a growing investor base (Accredited Investors:
500+). As a result, not only has our liquidity profile as a real estate development firm dramatically improved, but also has laid a firm foundation for future
expansion.
1.
Shown as a percentage of cumulative total development costs.
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*All information as of Q2 2016.
Pressman Commons
Market Square
The Marian
Adagio
Ortlieb's Square
Queen’s Walk
412 Luxe
Sample set of recent NRIA developments. Similar investments will be shown in the NYC area soon. A complete list of NRIA developments is available upon request.
Bedford Estates
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Mildred Court
Courtyard at North Fifth
Manayunk Hills
Bridgeview at the Waterfront
The Quarters at Fairmount
Team | Trusted Development Partners (Examples)
Builder / Contractor
Architecture & Design
Structural Engineer, MEP/Fire Safety, Zoning,
Asbestos
Attorney, Real Estate Sales
Building Suppliers, Inspectors
Lenders, Appraisers, Insurance
*A final list of development team member specific to 143
Summit Street are available upon request.
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