Our primary investment vehicle is in Class B and Class C workforce housing and value add multifamily assets in high growth, emerging markets and opportunity zones that feature current, medium and long term positive economic and demographic growth. We maximize NOI and investor returns by making strategic capital improvements and improving operational efficiency. We mitigate risk through down markets through conservative underwriting (cash flowing properties, value add upside), debt structure (long term agency debt), and heavy cash reserves.
We believe that affordable communities are created through mixed income housing and where the assets around meet physical, social, health, and cultural needs. To this end, we approach holistic equitable development by aligning our commercial development to meet a community’s hierarchy of needs from workforce housing, medical facilities, entertainment, food and dining, and creative spaces, among other community assets. The result of which creates sustainable projects aligned with key demographic, market, and environmental trends.