Our investment strategy is to acquire apartment communities in growth markets across the U.S. and create value through intensive asset management. We are actively pursuing acquisitions ranging from $5MM to larger portfolios with no practical limit. Our team can react quickly and efficiently to complicated transactions.
Targeted Markets
West
Bay Area
Denver
Las Vegas
Phoenix
Sacramento
Central
Austin
Columbus
Dallas
Houston
San Antonio
East
Atlanta
Baltimore
Charlotte
Northern Virginia
Jacksonville
Orlando
Raleigh
Southeast Florida
Suburban Maryland
Tampa
Other markets considered on a deal by deal basis.
Acquisition Criteria
Project Size Minimum 150 units. Portfolios are preferred.
Equity Contribution $1,000,000 to no practical limit.
Asset Quality Class B/C properties; other quality levels will be considered on a case by case basis.
Age Typically 1970’s and newer.
Design Style All, with Garden style being the most preferred.
Acquisition Criteria Properties requiring cosmetic or substantial rehab add value; under-performing
properties which may have market-related and/or management induced problems; and package transactions.
Acquisition “Complexity Unusual or difficult issues and problems will NOT preclude interest in a property.
Financing Financing will be in the form of new financing or assumption of existing debt, and in some cases all cash.
Cap Rates Determined on a case-by-case basis.
Broker Relationships Sourcing brokers will be protected and compensated for unlisted investments opportunities.