We start by identifying properties that match our acquisition criteria — Class B and C multifamily assets with rents below market, deferred maintenance, or management that's leaving money on the table. From there, we underwrite every deal against hard financial benchmarks, screening for structural red flags, environmental risk, and tenant concentration before we commit to a deeper look. If a property clears underwriting, we move into financing strategy and negotiate directly with sellers or through off-market channels.
Once acquired, the repositioning plan is already mapped — rent corrections, management upgrades, and capital improvements timed to move the property from its going-in return to stabilized performance. The whole process is designed so that by the time we bring a deal to our investors, the risk has already been measured, the upside is grounded in real numbers, and the path forward is clear.
Every acquisition is sourced off-market or direct-to-seller. No bidding wars, no inflated broker pricing, no competing offers — just clean transactions with clear terms.