Medina Station is a 353-unit Class A multifamily development in Mesa, Arizona — one of two properties in the Origin Select Asset Fund, targeting a 1.5x–1.7x multiple over a five-year term.1
Key highlights:
- Nearby retail hubs (Queen Creek Marketplace, SanTan Village) total 2.3M+ sq ft of shopping and dining
- Phoenix MSA employment has grown 16% over the past five years
- Origin Multilytics® forecasts rent growth exceeding a 4.3% CAGR over 5 years
- Nearby job centers poised to add 17,000+ new jobs
After the development period, Select Asset Fund investors may redeem or remain in for an optional income period targeting an 8%–10% total return², with no management fee or carry for qualifying co-investors.2
Learn more and explore the fund.
- Targeted performance doesn’t represent an actual investment in the Fund and frequently has sharp differences from actual returns. Targeted returns are inclusive of appreciation and are net of fees. There can be no assurance that the Fund will achieve comparable results or meet its target returns.
- Targeted performance assumes a sale of the Fund’s investments 5 years after the Fund’s final closing. The target total return for the optional income period is inclusive of 5%–6% target net annual distributions and 3%–4% target net annual appreciation.
