MBA280 Class Projects Flipbook Spring '25

Conclusion & Next Steps

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Investment Highlights

Project Recap

"The Core" at Bayfair delivers 520 smart-home apartments with modular construction.

16.9% Levered IRR with 2.70x equity multiple over 10-year hold. 3.82% Yield-on-Cost from stable cash flows.

Transit-oriented development with direct BART access and LEED Gold certification targets.

Withstands sensitivity tests across key variables.

Strategic Next Steps

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Contact Information

Secure $195.5M equity and CPACE financing by June 15.

Emma Li , Sponsor & Head of Capital Markets emma.li@bayfaircore.com |

Lock construction loan at 7.0% and finalize modular partner agreement.

Sirui Zhou , Lead Project Finance

Launch tech employer marketing Q3 2025.

sirui.zhou@bayfaircore.com |

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