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
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Florida
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Georgia
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South Carolina
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North Carolina
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Tennessee
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Alabama
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Mississippi
Market Sectors
Properties in primary, secondary, and emerging submarkets throughout the southeast of the USA.
Asset Criteria
PRODUCT TYPE
Multifamily
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PROPERTY CLASS
A to C+ properties
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BUSINESS PLAN
Value-Add, Opportunistic, and Core Plus
FINANCIAL CRITERIA
INVESTMENT SIZE
$15 to 120+ million
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HOLD PERIOD
2 to 10 years
(depending on asset and business plan)
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TARGETED RETURNS
15-20% IRR
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TARGET EQUITY MULTIPLE
1.5-2.0X
DEBT CRITERIA
LOAN TYPE
Bridge, Agency, HUD
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LOAN TERM
2 to 10 years
(Depending on asset and business plan)
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LTV
65-85% OF ACQUISITION PRICE
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LTC
65% to 80% of total capitalization