We source stabilized and value-add apartment properties of 50+ units in size and reposition them by adding capital improvements and reducing expenses by creating operational efficiencies through the implementation of institutionalized property management. We then sell the community as a stabilized asset within five to seven years
Type: Multifamily (Garden-style preferred)
Asset Class: B+ to C+ (Primary focus is B class)
Location Quality: A+ to C+
Property Size: 50 - 400 units; single asset or portfolios
Property Vintage: 1978+
Investment Structure: All cash to seller; Loan assumptions will be consider case-by-case
Value plays: Seeking stabilized assets with operational and physical repositioning opportunities.