452 Greenwich st. – Started predevelopment including demolition and layout for plans to convert property to 9 residential lofts ranging in size from 900-1400sf. After demo and framing of interior was finished, property was sold to a Wall st investor for a townhome. The project netted a 4x on invested equity.

136 West 22nd st. – Provided capital for construction of a 42,000sf loft building with an additional 4 floors added to the structure. The project including the retail was completely sold out as condominiums. A 20+ IRR was achieved.

552 West 43rd st. – Purchased and repositioned property for film studio including architectural plans, buildout of 5 story loft building and subsequently negotiated buyout of tenant for sale to condo developer. Returns exceeded 18%.

464 Greenwich st. – Started development, drew up architectural plans for conversion to residential rental building, completed buyout of loft regulated tenants. Maximus was approached by the owner of Fortune 500 company for townhome development and subsequently sold the property for a huge profit.

148 Bowery – Completed the Capital raise and secured financing on a mixed use residential hotel project on the Bowery. The capital was secured in under a month.

114 Mulberry st – Purchased the ground leasehold on a 99 year ground up development of an 8 story resi/retail building in the heart of Little Italy. Raised the capital and secured the JV construction partner. The project was built in under 20 months and is fully occupied at rents approaching $90/ft.

Ninth Ave – Currently funding a JV partnership with a distressed asset on Ninth ave in Hells Kitchen. Capital has been raised to recap the project and add value to the two buildings. An estimated $4MM will secure the lender and enable Maximus to purchase the properties out of foreclosure.

Midtown 30’s – Maximus has a contract to purchase the note on a boutique hotel in midtown Manhattan. The property will be joint ventured with a local hotel operator. The note is being purchased for 60% of its 2019 value at $350K/key.

Capitol hill district, Washington DC – Maximus is currently purchasing a 120 unit ground up apt building from an equity partner due to partnership issues during the pandemic. It is currently underleased and will be enhanced by a value add component to bring in a furnished housing firm to double the rents on 40% of the building. IRR’s should be in excess of 35% within 3 years.

Grand ave, Coconut Grove – Currently in preconstruction for a 140 unit rental apt building in a gentrifying area of Coconut Grove, Miami. Maximus and its partners are funding equity for the ground up project which will include parking and retail in addition to the apartments Project will commence in Fall 2022.