Investment Strategy


Investment Criteria


We acquire B and C class multifamily real estate assets in select submarkets. These are properties where we can add value through capital improvement programs, rehabilitation, professional property management, and/or repositioning. Our core focus is on maximizing cash flow and we will avoid high-risk financial engineering to derive our returns. The properties we acquire typically meet the following criteria:

  • Value-add multifamily properties

  • Class B and C quality, improvable to Class B+

  • Opportunity to acquire below replacement cost

  • Market cap rate based on actuals

  • Rents 20%-30% below market

  • Seller financing opportunities

  • Transaction sizes between $2 million and $20 million


We look for the following characteristics in a submarket:

  • Well-located in primary and secondary markets in the U.S.

  • Populated cities with growing employment rates and population rates are desirable

  • High barriers to entry for new supply

  • Near major transportation

  • Close proximity to a stable and diverse employment base