Acquisition Criteria
Property Types, Geographic’s, Investment Profile, Leverage, Discretionary Capital.
Property Types
Garden and mid-rise multifamily
Community Size
Ten (10) apartment homes or larger on single assets
Geographic Area
Supply-constrained coastal/in-fill markets, with a primary focus in Southern California, South Florida, Texas and Arizona
Investment Profile
– Value added investments including properties with repositioning, reconversion, rehabilitation, construction completion or redevelopment requirements
– Ground up development
– Size: $5M to $30M+
Leverage
No financing contingencies, in place debt considered
Discretionary Capital
Transaction process and timing consistent with fully discretionary capital and current market standards