Value-Add Multifamily

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