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title: Property Sold - 147% ROI - 19 Months
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 Lujan/Merriman Development Group recently sold 126 Bonito. This transactions ROI was 147%, 2.5x multiple, all in 19 months.

| Not rendering correctly? View this email as a web page here. Alamitos Beach Property Sold - 147% ROI LMDG is proud to announce the sale of one of its legacy assets, 126 Bonito.  A prime four-unit apartment building located in the Alamitos Beach neighborhood of Long Beach one block from Ocean Blvd.  126 Bonito is an excellent representation of LMDG's value-add investment strategy. Fund II is still open for investment.  For more information, download our flyer which outlines the strategy of the fund, track record, fund structure, and projected returns.       Project Profile   Name: 126 Bonito Size: 3,624 sq. ft.  Units: 4 Location: Alamitos Beach         Project Return   Gain on Asset: 67% ROI: 147% Multiple: 2.5x Hold Period: 19 Months       Fund II Investor Terms   Fund: LMDG Real Estate Value Fund II, LP   Fund Size: Up to $15 million of equity   Manager: Lujan/Merriman Development Group   Term: Five years   Equity Ownership: 30%   Distributions: Cash flows from operations and       sales to be determined quarterly   Fund II Target Investments   Acquisition Size: $1.5 - $5 million   Property Types: Multifamily, In-fill land, Single-        family residential   Location: Coastal markets within Orange County      and Los Angeles County as well as key sub-              markets within Los Angeles and Hollywood   Target Return: 15% - 18%+ net IRR 1.5x - 2.0x net Multiple Lujan/Merriman Development Group 5050 E. 2nd Street #14806 Long Beach CA 90853 United States Preferences \| Unsubscribe |
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