Investments
Acquisitions
We acquire well located multifamily assets where management, capital improvements and repositioning close a demonstrable gap to market.
- Scale*
- 100 to 300 units
- Supply test
- Under 5% of inventory in construction
- Horizon
- Ten years plus
*May target smaller assets in mountain markets.
Development
We develop multifamily and build to rent communities in submarkets where land, regulation and/or resources constrain new supply.
- Scale
- 150 to 400 units
- Construction
- Wood frame and podium
- Design
- Purpose, constructability and operational durability
Tactical Opportunities
We selectively pursue special situations that draw on our domain expertise and permanent capital base.
- Structure
- Co-GP, Structured Equity/Debt, GP Stakes and Buyout
- Sourcing
- Off market and directly negotiated
- Execution
- Balance sheet