Conservative Acquisition Strategy
We take a methodical approach to sourcing low-risk, Class A assets in high-growth areas of the Southeast, Southwest and Mid-Atlantic, from the Florida shores to Washington D.C. to the stretches of central Texas.
- Our typical transaction involves contemporary, upscale communities (garden and mid-rise) with more than 125 units, located in growth areas near employment, entertainment and recreation destinations.
- While there is no limitation on transaction size, single-asset purchases traditionally range from $10-50 million with a 4-7 year ownership period.
- Capitalization rates, IRR requirements and other financial considerations vary depending on real estate and capital market conditions, product type and location, perceived risk and portfolio objectives.