CJSP Healthcare Holdings

Summary

CJSP Healthcare Holdings series of funds is fully subscribed and consists of 15 projects. The Total Project Costs (TPC) is approximately $144M representing invested equity capital of approximately $35M.

Village on Pheasant Ridge, a Smith/Packett facility

Village on Pheasant Ridge, Roanoke VA

To date, the CJSP Program has generated an aggregate of $20.9M in operating cash flow which has been utilized to defray additional equity requirements, and additional amount of approximately $58.9M in proceeds which have been distributed directly to the investors.

Project Details

Type No. of Projects Beds / Units TPC Equity
CJSP I:
Leased Projects 1 120 $11,393,548 $2,826,364
Sold Projects 9 1,158 74,232,205 16,528,992
CJSP I Totals 10 1,278 85,625,753 19,355,356
CJSP II:
Sold Projects 1 120 6,777,381 2,257,118
CJSP II Totals 1 120 6,777,381 2,257,118
CJSP III:
Sold Projects 4 399 51,367,487 13,333,171
CJSP III Totals 4 399 51,367,487 13,333,171
Totals 15 1,797 $143,770,621 $34,945,646

Returns

Total Project Cost $143,770,621
Equity Capital 34,945,644
Equity Percentage 24.31%
Reinvested Operating Cash Flow 21,659,430
Event Driven Cash Flow $58,952,959
Projected IRR 38.98%