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Professor Massey, thank you for your patience. Our development proposal is the acquisition and redevelopment of Georgian Woods Apartments in midtown. We offer you the chance to invest in Memphis's booming real estate market with a projected 45% return and $10.6 million NPV over 5 years for just $3 million in equity. Midtown Memphis is a hotspot for urban living trends, following the success of downtown redevelopment in the late 90s. This project is in a prime, high barrier to entry location for multi-family housing.
