Investment Criteria

 

ASSET

 

TYPE
Multifamily 100+ Units

 

LOCATION
Urbanized-suburban locations near growing intellectual nodes in the Western United States (i.e. hospitals, schools, transportation)

RETURN PROFILE
Value-Add / Opportunistic

 

Capitalization

 

EQUITY
$3 to $20 million

 

TOTAL INVESTMENT
$10 to $50 million

 

Targeted Returns

 

IRR
14%+

 

HOLD PERIOD
3-10 years

 

EQUITY MULTIPLE
2.0x +