TRINITY SELLS WALGREENS BUILDING IN LOUISIANA


Trinity Investors (formerly Trinity Private Equity Group) sold the building that was constructed for Walgreens in Ruston, Louisiana. The project was guaranteed by Walgreens, which was rated as an A+ credit risk, and Trinity also hedged the floating interest rate on the loan, eliminating a significant risk. The hedge proved expensive, reducing the Trinity equity investor IRR from 30% to 14%, but with substantial risk reduction. Including the cost of the hedging instrument, Trinity equity investors realized a 129% cash-on-cash return over the life of the investment.


Trinity Investors is a private equity firm located in Southlake, Texas. If you are interested in learning more about our alternative investing opportunities, please contact a member of our Client Relations Team.