Market Research
One of the most important steps in our process is choosing the right market to invest in. By focusing on key economic indicators, we are able to identify and invest in markets with only the highest probability of continued growth and prosperity.
Sourcing & Underwriting
Maintaining strong relationships with top industry professionals is essential to day-to-day operations. We work constantly with local brokers, property managers, and other investors to help maintain a healthy deal pipeline.
By utilizing a multi-stage underwriting process, we then narrow our focus to leads that offer value-add opportunities with substantial upside. From there, only deals that meet our specific performance criteria with conservative assumptions proceed to the offer phase.
Due Diligence
Once under contract, we begin digging into all aspects of the property examining any assumptions made in the initial underwriting phase. By analyzing financial statements, reviewing existing operating procedures, and performing walk-through inspections, our team works to uncover any additional risks. We can then revise our business plan accordingly or walk away if the risk becomes unacceptable.
Acquisitions
Once the green light is given from the due diligence phase, we then work towards closing the deal. This process includes finalizing the business plan then presenting it to both institutional lenders and private equity partners to secure financing for the investment.
Value Add & Asset Management
The most critical piece of any multifamily project is excellent asset management. This phase is where all aspects of the business plans are carried out and seen through to completion. All value-add workstreams must be executed properly and monitored carefully to optimize NOI while ensuring the best possible resident experience.
Exit Strategy
Evaluating several disposition options allows us to be flexible during times of uncertainty and ensure we are not forced to sell during a market downturn. This allows us to exit a project during favorable market conditions to maximize returns for our investors.
