Acquisition Criteria
Geographic Target: Western United States
- Colorado: Denver, Colorado Springs, Fort Collins
- Salt Lake City
- Seattle
Transaction Size: Up to $100 million
Focus:
Value Add
Existing multifamily property with heavy value-add – 20%+ upside in income.
Ground-up Development
Land that is or can be entitled for apartment or townhome development. We target sites that can accommodate 50-250 units.
Re-purposing
Re-purposing (retail, office, hospitality, etc.) to multifamily.
Capital Sources:
- Private Investor Equity
- Institutional Joint Venture Partners
Joint Venture Development:
We partner with developers, builders, and general contractors who have existing projects but lack the capital and operational expertise to lease, hold, and operate a great long-term project. We offer developers the ability to be a partner in the project and reap the benefits of their efforts as a long-term owner.
Reach out and ask us about the tax advantages and additional benefits of our joint venture development program!