Oversubscribed
La Plata Shopping Center
Washington, DC
JCR's Founder & Managing Partner invests directly in every deal alongside investors.
Investment Details
All-in Cost: $14.1 million
Total Equity: $5.325 million
Projected Yield: 16.27% (2025 stabilized, I/O loan)
Target IRR: 33.46%
Exit Cap: 7.25%
Summary
JCR purchased La Plata Shopping Center from a distressed REIT in Q2 of 2023 at an 8.75% cap rate. JCR knew the strength of the tenancy from tracking the deal for years and owning a property just to the north for over 10 years. All tenants renewed positioning the center for an exit at a low cap rate in 2025.
Next Offering
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Every JCR offering is currently fully committed. New acquisitions are opened to existing investors before they are made available more broadly, and are typically presented only 20–30 days ahead of closing. Introduce yourself now and we will reach out when the next one opens.
or call our investor hotline:406-480-8380