Silicon Valley Preferred Equity | Class A Office, NNN Leased to Google

Asset type: Office Building · Location: Mountain View, California

MFJ Mountain View Preferred Equity What if your real estate income came from a tech company’s rent check? Most private real estate asks you to take on construction risk, leasing risk and long waits for distributions. Even when the market moves your way, you usually sit behind the lender and wait to see what is left. Institutions solve this with preferred equity. You invest behind contractual rent from a strong tenant and get paid before the common equity. It is a position built for steady income and protection, and it is rarely open to individual investors. MFJ is raising $6 million of preferred equity in a Class A office building in Mountain View, California. A tenant that pays. The entire building is leased triple net to an investment grade technology tenant through April 2031, and its rent repays the senior loan in full. You are paid first. MFJ’s preferred equity sits ahead of more than $125 million of institutional common equity. An institutional partner. The sponsor is general partner to Tier 1 Korean institutions, with about $3 billion of core and core plus investments in US gateway markets. A clear plan. The sponsor, its asset manager and its leasing adviser are pursuing leasing and a sale during the remaining term. MFJ’s principals have raised more than $115 million from more than 290 active investors across more than 1,700 units. On this deal, MFJ: underwrote the deal in two days and funded the first $1 million 13 days later tied its funding to the senior loan as actually closed, not the figures in the offering package caught a missing repayment provision in the escrow agreement before funding Terms Structure: preferred equity Target preferred return: 12% IRR (3.6% current and 8.4% accrued) Minimum investment: $25,000 Target hold: 5 Years The raise is closing in two tranches. If you want income from a building leased to an investment grade tenant, book a 20 minute call with Mustafa Ladha to walk through the terms and the data room: https://calendly.com/mustafal/30minutes Open to verified accredited investors only (Rule 506(c)). This is not an offer to sell securities; any offer is made only through the offering documents. Past results do not guarantee future returns.