criteria

INVESTMENT THESIS

Desirable Location

Identify attractive opportunities in top-tier locations and markets across the country

Established Sponsors

Invest with well-respected sponsors who have a track record of building and/or operating quality assets

Attractive Basis Relative to Market Value

Target investments with attractive value propositions relative to sales comparables

Niche Market Size

Identify small to medium size capital placement opportunities that fall below the radar of institutional investors

Strong Demand Drivers & Demographic Focus

Seek national markets and submarkets with consistent and above-average job and population growth

Comparable Property Support

Seek investments with comparable property sales and rental rates

MULTIFAMILY CRITERIA

Target Types
• 100+ units
• Ground-up development, acquisition, recapitalization
• Market-rate, student, age restricted

Investment Structures
• Preferred equity
• Common equity

Key Features
• Accrued interest rates
• Transaction size of $30-150MM
• Programmatic partnerships
• Nationwide

OTHER CRE CRITERIA

Asset Types
• Industrial and IOS
• Retail
• Hospitality
• Manufactured Housing
• Self-Storage

Investment Structures
• Senior mortgage/construction loans
• Mezzanine loans
• Preferred equity

Key Features
• Flexible current and accrued interest rate
• Flexible pre-payment structures
• Transaction size of $1-100MM
• Programmatic partnerships
• Non-recourse options available
• Nationwide

SELECT COMPLETED PROJECTS

312 Units  |  Charleston, SC
312 Units | Charleston, SC
Invested 2018 Q4 > Completed Construction 2020 Q4
327 Units  |  Houston, TX
327 Units | Houston, TX
Invested 2019 Q1 > Completed Construction 2021 Q1
351 Units  |  Fort Worth, TX
351 Units | Fort Worth, TX
Invested 2019 Q3 > Completed Construction 2021 Q4
324 Units  |  Houston, TX
324 Units | Houston, TX
Invested 2017 Q4 > Completed Construction 2019 Q3
244 Units  |  Savannah, GA
244 Units | Savannah, GA
Invested 2017 Q4 > Completed Construction 2019 Q2
275 Units  |  Riverside, CA
275 Units | Riverside, CA
Invested 2016 Q4 > Completed Construction 2019 Q2
273 Units  |  Fort Myers, FL
273 Units | Fort Myers, FL
Invested 2018 Q2 > Completed Construction 2020 Q4
340 Units  |  Orlando, FL
340 Units | Orlando, FL
Invested 2019 Q2 > Completed Construction 2021 Q2