Our investors achieve superior returns via cash flow and enhanced appreciation of portfolio value. We accomplish this by going through a rigorous and detailed asset selection process; a “hands-on” approach to managing our assets; a strategic and value enhancing capital improvement strategy; local market research and knowledge and a management philosophy that deals with issues in “real time”.
- 3 to 7 Year investment horizon per asset until disposition.
- A minimum internal rate of return of at least 20% annually.
- Working with banks and work-out groups to identify troubled assets in their portfolio
- Focus in Midwest and Southwest U.S. markets, with an emphasis on further expansion in the Southeast, Southwest and on the West Coast.
- Choose Superior Assets and Locations: Class "A", "B", and "C" assets in Class "A" and "B" locations.
- Acquire assets where submarket job growth is poised to improve due to infrastructure improvements, new planned job development or near newly formed "districts".
- Acquire approximately 3,000 additional units by 2011.
| Deal size: |
$4-25 million |
| Structure Points: |
8%-10% preferred returns to equity partners |
| Target Return: |
20+% Average annual return |
| Investment Types: |
Interest in entities that will own the equity and/or debt of real estate investments: Multi-family |
| Target Equity Investments: |
$3 million to $8 million investments |
| Targeted Geographical Areas: |
Focus in Midwest and Southwest U.S. markets, with an emphasis on further expansion in the Southeast, Southwest and on the West Coast |
| Holding Period: |
Anticipated holding period for each asset is 3 to 7 years |
| Leverage: |
Anticipated maximum 65% loan to value |
| Asset Size: |
Greater than 100 units |