What We Do
We identify, analyze, and acquire real estate assets that fit our investment criteria.
Investment Approach
- Invest for the long term – Our hold periods are indefinite. We actively seek out properties in quality locations in markets with long runways for growth.
- Aligned with investors – We invest directly in every acquisition.
- Price is everything – We firmly believe price is what you pay, value is what you get. As a result, we seek to identify investment opportunities with a large margin of safety
- Value creation – Although we are flexible, we typically focus on value-add opportunities. We look to create and drive value for our investors through rehabilitations, repurposing; and ultimately, repositioning of the asset.
- Reinvestment – We continuously reinvest earnings in order to increase net operating income and maximize asset value.
- Distributions – We seek to make consistent and predictable distributions to our shareholders. In addition, we look to return a significant amount of shareholder capital via tax free refinances.
Investment Criteria
- Asset Class: Multifamily
- Secondary Type: Traditional Apartments & Student Housing
- Rent Type: Market
- Strategy: Value-Add, Opportunistic, Ground-Up
- Target Deal Size: $5mm-$60mm
- Style: Garden, Townhome, Low-Rise & Mid-Rise
Markets
West
California
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- Greater Sacramento
- Central Valley
- Central Coast
- Greater Los Angeles
- South Bay
- Inland Empire
- Greater San Diego
Nevada
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- Northern Nevada (Reno)
Utah
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- Greater Salt Lake City
Montana
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- Bozeman
- Billings
- Missoula
- Great Falls
Idaho
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- Greater Boise
South
Texas
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- Greater Houston
- Dallas/Fort Worth
- Tyler
- Greater Austin
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Louisiana
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- Bossier
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Oklahoma
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- Oklahoma City
- Tulsa
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Arkansas
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- Little Rock
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Midwest
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- Sioux Falls, SD
- Fargo, ND
- Omaha, NE
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