Divested Assets

You may use the legend on the right to filter the properties by type.

12040 Strathern Street, L.P. North Hollywood, CA
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Apartment Building held for 2.1 years
Quick Facts
Purchase Date: 2002
Purchase Price: $3,500,000
Equity Raised: $900,000
Sale Price: $4,850,000
Annualized ROI: 31%
8635 Snowden Avenue Partners, L.P. Arleta, CA
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Apartment building held for 2.7 years
Quick Facts
Purchase Date: 2003
Purchase Price: $2,100,000
Equity Raised: $440,000
Sale Price: $3,000,000
Annualized ROI: 33%
Cabo Resort Investing, LLC Cabo San Lucas, Mexico
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Aii provided private debt financing for 2 resort Villas located in Cabo San Lucas, Mexico.

Loan amount of $3.0M and a 50% loan-to-value ratio.

Investors received monthly interest distributions with an annual coupon rate of 12%.

Quick Facts
Purchase Date: 2005
Purchase Price: $3,000,000
Equity Raised: $3,000,000
Sale Price: $3,000,000
Annualized ROI: 12%
Harmony Financing Co., LLC Georgetown, South Carolina
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Aii provided the equity needed to get this 1,400 residential "New Urbanism" community up and running.  In addition to provided equity, Aii arranged for subsequent construction financing that will take Harmony Township through completion. 

Quick Facts
Start Date: 2004
Completion Date: 2005
Equity Raised: $1,915,000
Value at Sale: $4,000,000
Annualized ROI: 50%
Detail Documents
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10817 White Street Apartments, L.P. Sun Valley, CA
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Apartment building held for 2.4 years.
Quick Facts
Purchase Date: 2003
Purchase Price: $2,300,000
Equity Raised: $600,000
Sale Price: $3,300,000
Annualized ROI: 40%
Residential Equity Development Partners, L.P. Simi Valley, CA
Residential housing development.
Quick Facts
Start Date: 2002
Completion Date: 2003
Equity Raised: $110,000
Value at Sale: $2,200,000
Annualized ROI: 56%
Normal Avenue II, L.P. Hollywood, CA
Apartment buildings held for 2 years.
Quick Facts
Purchase Date: 1999
Purchase Price: $880,000
Equity Raised: $250,000
Sale Price: $1,400,000
Annualized ROI: 15%
Coldwater Canyon Apartments, L.P. North Hollywood, CA
Apartment building held for 2 years.
Quick Facts
Purchase Date: 1999
Purchase Price: $1,950,000
Equity Raised: $500,000
Sale Price: $2,500,000
Annualized ROI: 33%
Burbank & Radford Apartments, L.P. North Hollywood, CA
Apartment building held for 4 years.
Quick Facts
Purchase Date: 1999
Purchase Price: $1,500,000
Equity Raised: $370,000
Sale Price: $2,800,000
Annualized ROI: 48%
Single Family Residences California & Nevada

In addition to the properties listed, Aii has purchased, remodelled and resold numerous single family residences.

Since 1996, Aii has purchased 16 homes for a total purchase price of $9,170,000.00 and sold for over $15,000,000.00.  On average, those homes have produced a 41.3% average annual return on investment.

Quick Facts
Start Date: 1999
Completion Date: 2006
Equity Raised: $9,170,000
Value at Sale: $15,378,000
Annualized ROI: 42%
5860 Hazeltine Apartments, L.P. Van Nuys, CA
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Apartment building held for 6.1 years.
Quick Facts
Purchase Date: 1999
Purchase Price: $580,000
Equity Raised: $150,000
Sale Price: $1,400,000
Annualized ROI: 50%
Normal Avenue, L.P. Hollywood, CA
Apartment building held for 3 years.
Quick Facts
Purchase Date: 1998
Purchase Price: $250,000
Equity Raised: $45,000
Sale Price: $450,000
Annualized ROI: 35%
Burton Way Partners, L.P. Beverly Hills, CA
Apartment building held for 3.5 years.
Quick Facts
Purchase Date: 1998
Purchase Price: $850,000
Equity Raised: $270,000
Sale Price: $1,250,000
Annualized ROI: 28%
Beach/Venice Way Partners, L.P. California
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Apartment building held for 5.9 years.
Quick Facts
Purchase Date: 1998
Purchase Price: $900,000
Equity Raised: $220,000
Sale Price: $1,650,000
Annualized ROI: 32%
McLaughlin Partners, L.P. West Los Angeles, CA
Apartment building held for 7 years.
Quick Facts
Purchase Date: 1994
Purchase Price: $405,000
Equity Raised: $100,000
Sale Price: $650,000
Annualized ROI: 39%