Project Financial Information
Financing Sources Debt Capital Sources Bank Financing River Bank Private Note for Public Infrastructure Improvements City of La Crosse TIF Loan Private Financing
$1,377,800.00 Previous Assessed Value
$16,600,000 $803,739 $3,100,000 $1,000,000
$17,463,311.47 Projected Assessed Value
Total Financing
$21,503,739
$35,282.30 Current Tax Revenue
Equity Capital Sources Private Equity 5th Ward OZ Fund LLC Equity La Crosse County Grant WEDC Grant Private Equity Infrastructure Improvements
$2,800,500 $1,796,979 $100,000 $217,900 $803,739
$447,928.40 Projected Tax Revenue
*The above numbers are based on the economics prior to breaking ground for construction.
Total Equity
$5,719,118.56
Total Cost of Construction
$27,222,857
About Three Sixty The Three Sixty vision is to plan, develop and manage projects that will positively impact the communities as a whole - by stimulating growth and improving the lives of the people throughout the neighborhoods we serve. Three Sixty Real Estate Solutions is a vertically integrated, full-service real estate company with a community first mindset, only embarking on projects that will positively impact the community, the neighborhood, the customer and our team. Our expertise of the multi-family industry, from construction to management, allows us to yield long-term investment and catalyze growth by creating a sense of place that strengthens the neighborhoods. Our name is derived from the full circle of services we provide and our commitment to a project from start to finish. We have grown to be a successful, full-service real estate company because of the years of diligent and successful planning, developing and managing of all of our properties. We serve our customers at a level that exceeds industry standards and we provide quality outcomes for all partners.
Contact us: 608-782-7368 inquire@threesixty.bz 1243 Badger St. La Crosse, WI 54601
www.threesixty.bz
5th Ward Residences Case Study 4
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