{"id":1686,"date":"2022-08-30T14:13:28","date_gmt":"2022-08-30T14:13:28","guid":{"rendered":"https:\/\/entusiasmototal.com\/bayshore\/?page_id=1686"},"modified":"2022-09-28T02:33:09","modified_gmt":"2022-09-28T02:33:09","slug":"brandon-crossing","status":"publish","type":"page","link":"https:\/\/entusiasmototal.com\/bayshore\/brandon-crossing\/","title":{"rendered":"Brandon Crossing"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1686\" class=\"elementor elementor-1686\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3472b7e6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3472b7e6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4875ca22\" data-id=\"4875ca22\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-44247304 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"44247304\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5147985d\" data-id=\"5147985d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3cf4905d elementor-widget elementor-widget-image\" data-id=\"3cf4905d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.0 - 08-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/www.brandoncrossing.rentals\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"150\" src=\"https:\/\/entusiasmototal.com\/bayshore\/wp-content\/uploads\/2022\/08\/Contact-Bayshore-Investment-Partners-BRANDON-CROSSING-1-2.png\" class=\"attachment-large size-large\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-91b2ee5 elementor-widget elementor-widget-text-editor\" data-id=\"91b2ee5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.0 - 08-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Brandon Crossing (\u201cBCI\u201d) was acquired as part of BIP\u2019s workforce housing strategy in 2014 directly from the original developer. The property consists of 200 affordable rental units located in Brandon, Florida, a prominent submarket of Tampa. Since its acquisition, BIP has carefully managed the income restrictions and operating expenses to maximize net operating income at the property.<br class=\"separator\" \/><br \/>During the first quarter of 2020, the partnership decided to refinance the asset as the COVID-19 pandemic shut down Florida. BIP was able to successfully navigate through this unprecedented environment by recapitalizing the property with a new ten-year fixed rate agency loan. \u00a0<br class=\"separator\" \/><br \/>BIP was able to return all of the original equity invested in the property and achieve a substantial investment return through the new financing. BIP will continue to own the asset and should provide healthy cash flow long term for the partnership. We expect affordable housing assets like BCI to continue to outperform in both expanding and contracting economic cycles.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-8528df7\" data-id=\"8528df7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-33cffdf elementor-widget elementor-widget-image\" data-id=\"33cffdf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/entusiasmototal.com\/bayshore\/wp-content\/uploads\/2022\/08\/growth-1.png\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/entusiasmototal.com\/bayshore\/wp-content\/uploads\/2022\/08\/growth-1.png 512w, https:\/\/entusiasmototal.com\/bayshore\/wp-content\/uploads\/2022\/08\/growth-1-300x300.png 300w, https:\/\/entusiasmototal.com\/bayshore\/wp-content\/uploads\/2022\/08\/growth-1-150x150.png 150w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a5cf5bf elementor-widget elementor-widget-button\" data-id=\"a5cf5bf\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-lg\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">LP INVESTOR RETURNS AT REFINANCE<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-83cc8cd elementor-widget elementor-widget-price-list\" data-id=\"83cc8cd\" data-element_type=\"widget\" data-widget_type=\"price-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor-pro - v3.6.5 - 12-04-2022 *\/\n.elementor-widget-price-list .elementor-price-list{list-style:none;padding:0;margin:0}.elementor-widget-price-list .elementor-price-list li{margin:0}.elementor-price-list li:not(:last-child){margin-bottom:20px}.elementor-price-list .elementor-price-list-image{max-width:50%;-ms-flex-negative:0;flex-shrink:0;padding-right:25px}.elementor-price-list .elementor-price-list-image img{width:100%}.elementor-price-list .elementor-price-list-header,.elementor-price-list .elementor-price-list-item,.elementor-price-list .elementor-price-list-text{display:-webkit-box;display:-ms-flexbox;display:flex}.elementor-price-list .elementor-price-list-item{-webkit-box-align:start;-ms-flex-align:start;align-items:flex-start}.elementor-price-list .elementor-price-list-item .elementor-price-list-text{-webkit-box-align:start;-ms-flex-align:start;align-items:flex-start;-ms-flex-wrap:wrap;flex-wrap:wrap;-webkit-box-flex:1;-ms-flex-positive:1;flex-grow:1}.elementor-price-list .elementor-price-list-item .elementor-price-list-header{-webkit-box-align:center;-ms-flex-align:center;align-items:center;-ms-flex-preferred-size:100%;flex-basis:100%;font-size:19px;font-weight:600;margin-bottom:10px;-webkit-box-pack:justify;-ms-flex-pack:justify;justify-content:space-between}.elementor-price-list .elementor-price-list-item .elementor-price-list-title{max-width:80%}.elementor-price-list .elementor-price-list-item .elementor-price-list-price{font-weight:600}.elementor-price-list .elementor-price-list-item 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.elementor-price-table__currency{font-size:1em;margin:0}.elementor-price-table .elementor-price-table__price{display:-webkit-box;display:-ms-flexbox;display:flex;-webkit-box-pack:center;-ms-flex-pack:center;justify-content:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-ms-flex-wrap:wrap;flex-wrap:wrap;-webkit-box-orient:horizontal;-webkit-box-direction:normal;-ms-flex-direction:row;flex-direction:row;color:#555;font-weight:800;font-size:65px;padding:40px 0}.elementor-price-table .elementor-price-table__price .elementor-typo-excluded{line-height:normal;letter-spacing:normal;text-transform:none;font-weight:400;font-size:medium;font-style:normal}.elementor-price-table .elementor-price-table__after-price{display:-webkit-box;display:-ms-flexbox;display:flex;-ms-flex-wrap:wrap;flex-wrap:wrap;text-align:left;-ms-flex-item-align:stretch;align-self:stretch;-webkit-box-align:start;-ms-flex-align:start;align-items:flex-start;-webkit-box-orient:vertical;-webkit-box-direction:normal;-ms-flex-direction:column;flex-direction:column}.elementor-price-table .elementor-price-table__integer-part{line-height:.8}.elementor-price-table .elementor-price-table__currency,.elementor-price-table .elementor-price-table__fractional-part{line-height:1;font-size:.3em}.elementor-price-table .elementor-price-table__currency{margin-right:3px}.elementor-price-table .elementor-price-table__period{width:100%;font-size:13px;font-weight:400}.elementor-price-table .elementor-price-table__features-list{list-style-type:none;margin:0;padding:0;line-height:1;color:var(--e-price-table-features-list-color)}.elementor-price-table .elementor-price-table__features-list li{font-size:14px;line-height:1;margin:0;padding:0}.elementor-price-table .elementor-price-table__features-list li .elementor-price-table__feature-inner{margin-left:15px;margin-right:15px}.elementor-price-table .elementor-price-table__features-list li:not(:first-child):before{content:\"\";display:block;border:0 solid hsla(0,0%,47.8%,.3);margin:10px 12.5%}.elementor-price-table .elementor-price-table__features-list i{margin-right:10px;font-size:1.3em}.elementor-price-table .elementor-price-table__features-list svg{margin-right:10px;fill:var(--e-price-table-features-list-color);height:1.3em;width:1.3em}.elementor-price-table .elementor-price-table__features-list svg~*{vertical-align:text-top}.elementor-price-table .elementor-price-table__footer{padding:30px 0}.elementor-price-table .elementor-price-table__additional_info{margin:0;font-size:13px;line-height:1.4}.elementor-price-table__ribbon{position:absolute;top:0;left:auto;right:0;-webkit-transform:rotate(90deg);-ms-transform:rotate(90deg);transform:rotate(90deg);width:150px;overflow:hidden;height:150px}.elementor-price-table__ribbon-inner{text-align:center;left:0;width:200%;-webkit-transform:translateY(-50%) translateX(-50%) translateX(35px) rotate(-45deg);-ms-transform:translateY(-50%) translateX(-50%) translateX(35px) rotate(-45deg);transform:translateY(-50%) translateX(-50%) translateX(35px) rotate(-45deg);margin-top:35px;font-size:13px;line-height:2;font-weight:800;text-transform:uppercase;background:#000}.elementor-price-table__ribbon.elementor-ribbon-left{-webkit-transform:rotate(0);-ms-transform:rotate(0);transform:rotate(0);left:0;right:auto}.elementor-price-table__ribbon.elementor-ribbon-right{-webkit-transform:rotate(90deg);-ms-transform:rotate(90deg);transform:rotate(90deg);left:auto;right:0}.elementor-widget-price-table .elementor-widget-container{overflow:hidden;background-color:#f7f7f7}<\/style>\n\t\t<ul class=\"elementor-price-list\">\n\n\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"#\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tAVG. ANNUAL YIELD\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-price\">10.5%<\/span>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"#\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tEQUITY MULTIPLE\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-price\">1.6X<\/span>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"#\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tIRR*\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-price\">11.9%<\/span>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\n\t\t<\/ul>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Brandon Crossing (\u201cBCI\u201d) was acquired as part of BIP\u2019s workforce housing strategy in 2014 directly from the original developer. The property consists of 200 affordable rental units located in Brandon, Florida, a prominent submarket of Tampa. Since its acquisition, BIP has carefully managed the income restrictions and operating expenses to maximize net operating income at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-1686","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/entusiasmototal.com\/bayshore\/wp-json\/wp\/v2\/pages\/1686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entusiasmototal.com\/bayshore\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/entusiasmototal.com\/bayshore\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/entusiasmototal.com\/bayshore\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entusiasmototal.com\/bayshore\/wp-json\/wp\/v2\/comments?post=1686"}],"version-history":[{"count":10,"href":"https:\/\/entusiasmototal.com\/bayshore\/wp-json\/wp\/v2\/pages\/1686\/revisions"}],"predecessor-version":[{"id":3295,"href":"https:\/\/entusiasmototal.com\/bayshore\/wp-json\/wp\/v2\/pages\/1686\/revisions\/3295"}],"wp:attachment":[{"href":"https:\/\/entusiasmototal.com\/bayshore\/wp-json\/wp\/v2\/media?parent=1686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}