Investment Strategy
We focus on Commercial Multifamily properties (5+ units) and Commercial space (5000+ sq ft) holding the assets for the long term.
Our expertise lies in identifying and acquiring properties that are undervalued and underperforming, and transforming them into profitable investments.
We also work with sellers looking to sell profitable and functioning space. Life happens and we are here to help.
This asset class aligns perfectly with our strategy of creating value through improvement and strategic management.
Asset Class:
Commercial Multifamily
Investing in multi-unit (min. 5+ units) and commercial (5000+ sq ft) buildings, or adding units to buildings , provides an opportunity to take advantage of efficiencies of scale, helping reduce costs.
Underwriting properties with 5+ units and 5000+ sq ft is based on the performance of the asset, and less on market trends and comparables. NOI, CAP Rates and Cash-on-Cash Returns are key performance indicators we use in our purchasing decisions.
Property Condition:
Repurpose, Revive, Rehab
Although we assess and underwrite properties with minimal improvements required, our focus also includes properties that need "love" and "tlc". This can range from reviving a property to a full rehab.
Why! We have extensive experience in assessing buildings and identifying opportunities. Did I mention we have performed over 5000 Inspections, Mold Assessments and Energy Evaluations!
Exit Strategy:
Cash-out Refinance & Hold
Years 1 and 2 will be focused on reviving and stabilizing the property, vetting occupants, and establishing rents. Once the property is performing at its optimal potential, our target is to "cash-out refinance" and provide returns (e.g. investors), and then to ourselves.
Our goal is to operate and maintain the property as a cash-flowing asset for the long term.