Careful evaluation of macro and micro economic cycles to ensure that the investment will perform as conditions inevitably change.
We carefully evaluate supply and demand, demographics, historical performance and other market conditions to identify high growth, supply constrained markets.
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
We focus on Emerging market areas with indicators for strong near and long-term economic growth.
We focus on complexes that are 50+ units and can be acquired in the $4MM – $50MM range.
We look for class C- to B+ properties located in C- to A areas that were constructed in 1970 or newer.
Each asset is typically held 3-5 years depending on its exact business plan.
We prefer to invest in properties where no more than 30% of the unit mix can be made up of one bedroom apartments.
Occupancy above 80% with the exception of properties that require renovation, providing properties are well located and present value-add opportunities.
Path Of Progress Strategy
Strategy In Action
Increase in new construction and development
Families and individuals moving into the area
Demand for rental housing in the area increases
Properties rapidly increase in appreciation
PURCHASE, PURCHASE, PURCHASE
Path of Progress Strategy
A Path of Progress is where the greatest amount of building and development is currently happening, or soon to be.
Strategy In Action
Increase in new construction and development
Families and individuals moving into the area
Demand for rental housing in the area increases
Properties rapidly increase in appreciation
PURCHASE, PURCHASE, PURCHASE