1 / 21

“ Osborne” synergy

Chandan Singla: Kyungwon Kim : Sean Lee : Vipasha Dasgupta. “ Osborne” synergy. MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN. Market Research. MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN. MIT Requirement.

elke
Download Presentation

“ Osborne” synergy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chandan Singla: Kyungwon Kim : Sean Lee : Vipasha Dasgupta “Osborne” synergy MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  2. Market Research MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  3. MIT Requirement MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  4. OUR PROGRAM MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  5. FAR • Program Summary • FAR: 3.52 (including Shire building), otherwise 3.12 MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  6. Financial Analysis • Assumptions • NPV@8.0% : $325 million MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  7. Developer MIT Land: $325 M Cash: $20 M LLC Equity Partner $345 M The project Deal Structure • Forms of entities • MIT holds the ownership of the land • For sales properties, MIT has the first right of purchase & refusal after 75 years of time period (for lease properties, 10 years) • Equity partner and the development split returns pari passu until they reach 12% of the hurdle rate. After that, they go 50:50 for promote Within LLC, MIT and developer split 90:10. Equity: 35% Debt : 65% MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  8. DESIGN CONCEPT • SYNERGY • Weaving the development in the fabric of the community • Be sensitive to the community – since MIT is a partner to the Cambridge communities • Create a vibrant community MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  9. Neighborhood TECH SQUARE, MARRIOT RESIDENTIAL R&D & RETAIL R&D OFFICES & RETAIL INSTITUTIONAL MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  10. MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  11. MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  12. Retail gateway -- Subway exit /People/Retail/Food court MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  13. MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  14. Community - Residential Achieving a height which mirrors the residential neighborhood MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  15. MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  16. Office district with Mass Av address MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  17. MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  18. Shadow Study 9am MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  19. 3 -d Shadow Study 1 pm MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  20. Shadow Study 5 pm MARKET RESEARCH o PROGRAM o FINANCIAL ANALYSIS o DEAL o DESIGN

  21. Thank you

More Related