Value-Add Multifamily

We pursue well-located apartments, priced below replacement cost, with the ability to create value through capital improvements and enhanced property oversight. We leverage our construction expertise and vision to re position a property to a level consistent with the competition.

GET IN TOUCH

We focus on properties located in growth markets with the following attributes:

  • Within or near major employment hubs
  • Convenient to retail projects
  • Excellent school districts for family-oriented properties
  • Proximity to transportation corridors with freeway and light rail access
  • High barriers of entry submarket with minimal new development
  • Gentrifying neighborhood with increasing home values

We improve the property through capital and management improvements by:

  • Upgrading interiors with contemporary features
  • Investing in utility conservation programs
  • Adding or enhancing community amenities
  • Curing deferred maintenance issues
  • Improving street frontage and leasing path
  • Providing superior asset management and resident customer service

Acquisition Criteria

  • Investment Strategy: Core-Plus (14% IRR to project) and Value-add (17% IRR)
  • Property Type: Garden-style, mid-rise, and high-rise apartment communities
  • Property Size: 100+ units
  • Pricing: $15M – $100M
  • Markets: Arizona, Colorado
  • Terms: All cash or loan assumption

CONTACT US

Please use this form for general questions and comments. We will route your questions to the appropriate person.

Arizona
2390 East Camelback Rd.
Suite 410
Phoenix, AZ 85016

(602) 808-8600

Colorado
1873 South Bellaire St.
Suite 1200
Denver, CO 80222

(303) 757-0401

California
200 North Maryland Ave.
Suite 201
Glendale, CA 91206

(818) 240-8727

Utah
5107 S. 900 East
Suite 200
Salt Lake City, UT 84117

(801) 664-4282