Sentences with phrase «add multifamily assets»
In the U.S., the company is focusing on value - add multifamily assets in less - glitzy markets like Indianapolis; Kansas City, Mo.; and Columbus, Ohio.
http://www.nreionline.com/ Not exact matches
Since foreign and institutional investors are chasing after any multifamily asset «with good credit and that's bright and shiny,» New Jersey - based real estate financier Billy Procida advises HNW investors and family offices to pursue «smaller scratch - and - dent deals» below $ 10 million that will require some TLC — in other words, value - add properties.
However, low cap rates on multifamily assets coupled with flattening rents mean these deals are becoming increasingly difficult to underwrite, Circ adds.
Offerings exist in most major metropolitan areas, and investors can select which commercial asset class (e.g. multifamily, office, industrial, hospitality or retail) and operational strategy (e.g. ground - up development, redevelopment, value - add) best fits their investment goals.
The partnership will acquire multiple multifamily assets in the coming months, targeting value - add opportunities and applying renovations under the Altura brand.
Value - add repositioning of older multifamily in good primary market locations — that is, upgrading assets from a class - B to a - B + or - A — continues to make sense to me.
Alan Brymer is the Managing Director of Key Elements Capital, a boutique value - add real estate investment firm focused on acquiring, improving, and operating multifamily assets at a low basis while providing otherwise unobtainable real estate investment opportunities with reduced risk to clients.
Similar to The Wellington, this research - led acquisition demonstrates our disciplined capital allocation through the purchase of value - add, urban - infill multifamily assets with strong income growth potential at a significant discount to replacement cost.