Investment Strategy
Asset Class Preference
Market Characteristics
Asset Class Preference
- We are using a multi-strategy, real estate focus, with building vertical integration for comprising two rapidly growing verticals: Multifamily and Single-Family Rental.
- Multifamily Properties - Value-Add
• Condominium HOA Hedge – Florida MSA’s
• Distressed Investment Opportunities Requiring Additional Capital and/or Operational Expertise - Workforce Housing
- Build to Rent SFR
- Build to Sell Custom SFR
Geographic Locations
Market Characteristics
Asset Class Preference
- Agnostically along the sunbelt starting in Florida
- Specific Markets of Interest with compelling migration patterns and economic hub rationale
- Secondary and Tertiary markets
Market Characteristics
Market Characteristics
Market Characteristics
- Markets with Sustainable Renter Population and Stable, Diverse Employer Base
- Strong Market Fundamentals
- Compelling Supply/Demand Imbalance
Investment Returns
Investment Returns
Market Characteristics
- Our Objective is to achieve targeted risk adjusted net common equity return hurdles of 14%-20% or preferred equity at 8%-12%.
- Stable Cash Flow and Potential NOI or Capex Growth
- Flexible Product/Property Allowing Multiple Exit Strategies
- Acquisition of Property Below Replacement Cost
Deal Size
Investment Returns
Deal Sourcing
- $200K-$20 million
- Portfolios and Larger Transactions entertained
- Projected Leverage-Contingent Upon Product Type and Strategy
- Capable of All-Cash Transactions
Deal Sourcing
Investment Returns
Deal Sourcing
- Executive: Sphere of Influence Local experts focused on US markets
- Sourcing advantage through deep local and global network at the C-Suite level for outliers within the portfolio and mom and pop operators to solicit
- Strategically focused on the 4D's (death, divorce, debt, and downsizing)
- Leverage expertise in distressed/transactions in late-cycle environment
- Bottom-up stock selection, focusing on under-resourced and under-managed assets
- Aggregation of smaller assets to create high value portfolios
- Utilize established in-house asset management