As of the latest trading update, IRES has now assembled a (relatively new) 2,000
+ apartment portfolio (costing $ 519 million & boasting 97 % occupancy), with an LTV ratio of just 23 % & an additional $ 200 million of investment / development capacity.
Not exact matches
10
+ years since then, the
portfolio spanned multiple states and includes office, multi-family
apartments and many -LSB-...]
Glassridge can fund deals from 5 to 400
+ units, including refinancing existing
apartment building (s) and
portfolios, as well as funding
apartment building rehab / renovation projects.
10
+ years since then, the
portfolio spanned multiple states and includes office, multi-family
apartments and many single family homes.
Having worked on both approaches, building a
portfolio of SFR and small MF rentals; as well as working on a sponsor team in raising capital for the purchase of a large 300
+ unit
apartment, I discovered 5 reasons why MF deals can work and make sense alongside a DIY approach.