We are experts in creating and extracting value in an under-served sub-sector of the real estate market:
- Multi-family apartment buildings that are
- Medium sized
- Under-performing
- Location: The Northeast, with a primary focus on Connecticut, New York, New Jersey and Pennsylvania
We do this by:
- Focusing on medium sized properties
- Below the radar of institutional investors, therefore less competitive
- Active Property Management
- Accurately managing tenancy, cash flow and capital expenditures
- Provide full time professional management at low costs both on-sight or within the market to service the properties
- Being aggregators
- Acquire medium sized properties at higher yields
- Dispose of them in aggregate to institutional investors at lower yield
- Deep local knowledge.
Within this framework, we perform broad geographic market analysis and then use that data to drill down to smaller sub-markets. Our experience is that by identifying locations with good market fundamentals and targeting under-valued properties in hammock zones, we are able to achieve above-average returns for investors (see
