While each project is different and separate with its own private entrance and security, both are complementary and often drive traffic to each other. Although each type of garage appeals to a different demographic, demand for both types of garages is strong. The Luxury Garages historically sell-out with back-up offers prior to construction completion.

It certainly can be.  When a development fund liquidates some of its properties early in the fund’s life, it often generates significant short-term revenue and reduces costly debt and carrying charges. Our Fund is more of an equity play that does not require refinancing in later years to strip equity from properties to return “profit” to investors.