Our Strategy
We base our investment decisions on key considerations
Economic Cycles
Careful evaluation of macro and micro economic cycles to ensure that the investment will perform as conditions inevitably change.
Markets
We carefully evaluate supply and demand, demographics, historical performance and other market conditions to identify high growth, supply constrained markets.
Information
We utilize our relationships with local and national brokers, lenders, and other market participants to gain superior information that is not available to the market at large.
Acquisition Criteria
Location
We focus on emerging market areas with indicators of strong near and long-term economic growth.
Asset Type
We look for class C- to B+ properties located in C to A areas that were constructed in 1980 or newer.
Unit Mix
We prefer to invest in properties where no more than 30% of the units are one bedroom apartments.
Asset Size
We focus on complexes that are 35+ units and can be acquired for $3MM – $25MM.
Hold Period
Each property is typically held 3-5 years depending on its exact business plan.
Operating History
Occupancy above 80% with the exception of properties that are well located, present value-add opportunities, and require renovation.