Services

Asset
Management

Oversight of property managers, budget controls, and relationship management with private and institutional investors as well as lenders including timely and accurate reporting at the asset level. Services also include lease compliance and administration as well as due diligence and advisory services.

Property Management

Provide on site-management services including proper staffing of and allocation of management, leasing and maintenance personal to ensure optimal property performance and tenant satisfaction.

Construction Management

Project management and owner representative services for both “ground-up” construction projects as well as rehabilitation. Focuses include schedule administration, value engineering and sustainability while insuring that client’s time and budget goals are met.

Sample Transaction

Acquisition of a 488-unit Class C garden style apartment complex that was built in 1989 that was renovated to Class B market standards.

At the time of closing, occupancy was 86% and rents were averaging $1.15 psf.  After addressing deferred maintenance items, exterior and amenity upgrades occupancy moved to 96% and post renovated rents averaged $1.47 psf which represented a 30+% ROI.

$42.3M

Purchase Price

488

Units

1989/2019

Built/Renovated

18%

Levered IRR

Before

After

Other Representative Projects

Bayonne, NJ

91 Units & Retail
Ground Up Construction

Abilene, TX

152 Units
Value Add

Amarillo, TX

276 Units
Value Add

Oakland Park, FL

188 Units
Value Add

New Milford, CT

36 Units
Ground Up Construction

Amarillo, TX

144 Units
Value Add