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Strategic Capital Stack & Investment Performance

A structured capital strategy designed to support long-term project viability, institutional participation, and community impact.

Year-1 NOI

$54.9M

Stabilized DSCR

1.8x

Projected LP IRR

25.78%

Equity Multiple

6.14x MOIC

Senior Debt

Equity Partnership

64.8%

Grants & Sponsorships

34.1%

Sponsor at Risk

0.8%

0.3%

Institutional Investment Highlights

The project's financial model is supported by lease-based sports facility occupancy, diversified hospitality and retail revenue, sponsorship opportunities, and market-supported operating assumptions, creating multiple income streams designed to support long-term asset performance and institutional investment objectives.

$54.9 M

Projected Year-1 NOI. Projected Net Operating Income based on stabilized lease occupancy, hospitality operations, food and beverage revenue, retail income, sponsorships, and ancillary revenue streams.

1.8×

Projected Stabilized DSCR. Strong Debt Service Coverage Ratio starting in Year 1, providing high collateral security and favorable borrowing terms.

25.78%

Equity IRR Target. Targeted 25.78% Internal Rate of Return for equity partners over a standard 10-year stabilization and exit timeline.

8.0%

Assumed Permanent Debt Rate. Modeled at 8.0% to provide a conservative long-term financing assumption and support disciplined underwriting.

6.14×

Projected Equity Multiple on Investment Capital. Expected return on invested capital driven by a Year-10 asset exit at a conservative 7% cap rate.

64.8%

Balanced Capital Stack. Structured with 64.8% Senior Debt, 34.1% Equity, and 0.8% Grants and Sponsorships, creating a diversified capital structure designed to support long-term project viability.

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Investors • Sponsors • Grants • Board Members

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