Uncovering 300% Return Potential for $575MM Investment to Capitalize the Old Chicago Post Office
Marion Street Capital helped DevelopmentCo identify a 300%+ return and 20%+ IRR opportunity for a $210MM equity investment to complete a $575MM capitalization for the redevelopment of the Old Chicago Post Office, a historical landmark of 2.6MM square feet and 90% projected occupancy.
The Most Pressing Challenge
DevelopmentCo hired Marion Street Capital to assist in raising $210MM in equity capital from Institutional Real Estate investors through a well-refined financial model. The City Commission of Chicago supported this 10-year, 3-phase redevelopment plan.
How Marion Street Capital Solved the Most Pressing Challenge
Marion Street Capital deployed its FinOps solution to help DevelopmentCo identify ROI for prospective investors, present the investment opportunity concisely and persuasively, and secure capital.
Marion Street Capital created a detailed financial model for DevelopmentCo to identify a 300%+ return potential and a multi-year 20%+ IRR. Marion Street Capital created a concise and compelling pitch deck, identified potential investors, wrote a Private Placement Memorandum, helped DevelopmentCo present the idea to investors, negotiated terms, and secured term sheets