Law Office of William Igbokwe

Anika Equities, LLC is a New York-based investment firm specializing in joint venture equity for new developments and value-add opportunities in the top 30 US markets. With a focus on experienced and seasoned sponsorship, Anika Equities invests up to 90% of the equity required and up to 97% of the capital stack when combined with senior debt. The company prides itself on its innovative and adaptive approach to each project and market it operates in. Anika Equities offers a range of investment solutions, including JV equity for all major asset classes, with a particular emphasis on the top 30 US markets and the NYC metro area. In value-add opportunities, Anika Equities shares in the initial cash flow pari-passu, takes a priority position in the waterfall in a capital event, and offers an 8-10% preferred return accrual and return of capital prior to the sponsor. In new developments, Anika Equities takes a priority position in the waterfall, offers a preferred return of 10-12%, and receives a portion of the equity after the sponsor's capital is returned. The company typically invests when construction drawings are complete or near complete, construction debt is secured, entitlements are completed, and permits are ready to be pulled.Generated from the website