Acquisition Criteria
We pursue strategic, value-add acquisition opportunities in primary, secondary, and emerging markets across the US. Our strategy is investing in markets with strong market fundamentals, numerous demand drivers, and long-term sustainability driven by skilled populations and strong economic growth across multiple industries.
Our Target Markets
Southeast of the United States
-
Florida
-
Georgia
-
South Carolina
-
North Carolina
-
Tennessee
-
Alabama
-
Mississippi
Market Sectors
Properties in primary, secondary, and emerging submarkets throughout the southeast of the USA.
Asset Criteria
PRODUCT TYPE
Multifamily
PROPERTY CLASS
A to C+ properties
BUSINESS PLAN
Value-Add, Opportunistic, and Core Plus
FINANCIAL CRITERIA
INVESTMENT SIZE
$15 to 120+ million
HOLD PERIOD
2 to 10 years
(depending on asset and business plan)
TARGETED RETURNS
15-20% IRR
TARGET EQUITY MULTIPLE
1.5-2.0X
DEBT CRITERIA
LOAN TYPE
Bridge, Agency, HUD
LOAN TERM
2 to 10 years
(Depending on asset and business plan)
LTV
65-85% OF ACQUISITION PRICE
LTC
65% to 80% of total capitalization
HAVE AN OPPORTUNITY?
CONTACT US
