Typically our assets are older properties that are being purchased off-market (unlisted) at or below market price in situations where we can force appreciation via renovations, improved management and recognition of new income streams. These include such things as premium parking, shifting utilities to tenants, onsite laundry and more. This purchase price represents a per door discount compared to recent sales in the submarket for the MSA.
The sponsor teams with whom we collaborate actively raise equity from qualified individuals to acquire class B, C & D properties and implement the property repositioning strategy.
Minimum Investments, Target IRRs, Equity Multiples & Annual Cash Yields vary by project, with Target hold terms running 5 – 7 years