Strategy
Investment Criteria
Transaction Size
- $2 million to $50 million
Asset Type
- B - C Multi-Family Properties
- 90+% Occupied assets capable of obtaining long-term debt
Ratios and Exit
- Capable of achieving 7-8% cash on cash return at takeover in primary markets, or 8-10% in secondary or emerging markets
- A debt coverage ratio of 1.5
- 3 - 7 year holds
Target Markets
- Primary and emerging markets nationwide
