376-Unit Water Colors Of Centerton In Bentonville, AR With Ben Fraser, Apartment Investing Expert
Whitney Elkins-Hutten of PassiveInvesting.com interviews Ben Fraser to discuss his latest deal: 376-Unit Watercolors of Centerton in Bentonville, Arkansas. Ben shares an amazing story about how he discovered and purchased a 376-unit property, and how he outbid a New York team to close the deal. He also dives into the details of the capital stack, sharing how he structured the contract and raised $28 million in equity, including pref equity. In addition, Whitney and Ben explore the due diligence period and learn how Ben and his team completed their analysis within the allotted time frame. Finally, they discuss the interest-only period and how it could impact the property's future. Tune in and get a behind-the-scenes look at a successful apartment investing deal.