OUR STRATEGY
Our 7 step process
Find a Property that meets our investment criteria
Our team makes an offer and comes to an agreement with the seller
Our offer is accepted and our syndication process begins
We start our Due Diligence Process and boots on the ground research and inspections
Our team reviews the findings and updates the business plan accordingly
Legal Documents drafted, Investors secured, mortgage approved and closing scheduled
We close on the property and start our business plan
OPPORTUNITY SOURCING
The 100:30:10:1 method
Using our direct-to-seller approach, we ensure we are the right buyer for the right seller. Our team of transaction professionals work closely with each seller to ensure a smooth closing, with the process allowing for us to meet our internal standards for optimal return metrics.
PROPERTY ANALYSIS
SUBMARKET LOCATION
Full analysis of macroeconomic, supply and demand, political, and demographic trends.
HISTORY OF PROPERTY
Research on every aspect of the property, due diligence, title history, prior use, non conforming use, permitting history, zoning history, etc.
Condition of Property
Our team of contractors get us accurate quotes from exterior, to foundation, basement, common areas, to individual unit requirements to stabilize the property
Competition
We love markets with high barriers to entry, it allows us to use our expertise to solve complex problems our competition can’t.
Business Plan for the best ROI
We draft a business plan detailing our strategy, step by step with timelines to offer our stakeholders accurate expectations and get to stabilization as fast and efficiently as possible
POST-CLOSING MILESTONE TIMELINE
REVENUE MODEL
• Create and Add Value by executing our calculated business plan and data-driven approach
• Stabilize the property through updating, rehabilitation and construction, increasing the NOI
• Refinance the property to recapture our equity investment
• Actively manage and operate to ensure sustainable distributions
CAPITAL STRUCTURE
Target Metrics
We target value add multifamily, Our target is 50+ units, target Refinance at 75% LTV within 12-18 months, We offer our capital partners an 8% preferred return on their capital, with a target 5y project level IRR of 20% or greater.
Limited Partner (LP)
Our Limited Partners are our investors. They receive preferred returns for contribution of capital towards the equity required for the deal.
General Partner (GP)
As a General Partner, we are in control of the deal, from sourcing opportunities, securing financing, structuring capital stacks and operating agreements, interviewing and selecting the best professionals to work with us, including contractors and property managers, and executing on our business plan.
