Active Markets
Target Markets
Portfolio
We work with our extensive network of brokers, owners, and other real estate professionals to identify thinly marketed or off market investment opportunities that have significant upside potential through physical enhancements, improved management, or rethinking of the capital structure.
29 Total Properties 
95% Average Occupancy Rates 
4,300+ Total Units 
Case Studies
Aspire Lakewood
12160 W Nevada Dr, Lakewood, CO 80228
TYPE
Value-Add
UNITS
96
YEAR BUILT
1969
Date Purchased
October 2020
DATE SOLD
March 2023
PURCHASE PRICE
20,550,000
EXIT PRICE
27,000,000
Multiple on Equity
1.42X
IRR
17.03%
Aspire Midtown
5656 N 17th Ave, Phoenix, AZ 85015
TYPE
Value Add
UNITS
104
YEAR BUILT
1980
Date Purchased
June 2021
DATE SOLD
October 2022
PURCHASE PRICE
20,800,000
EXIT PRICE
26,500,000
Multiple on Equity
1.44x
IRR
31.31%
Mircale Terrace
225 S. Western Avenue, Anaheim, CA 92804
TYPE
Affordable Housing
UNITS
179
YEAR BUILT
1972
Date Purchased
March 2014
DATE SOLD
January 2017
PURCHASE PRICE
$12,300,000
EXIT PRICE
$37,375,000
Multiple on Equity
2.13X
IRR
60.16%
Aspire Glendale
4529 West Ocotillo Road, Glendale, AZ 85301
TYPE
Value Add
UNITS
120
YEAR BUILT
1983
Date Purchased
November 2019
DATE SOLD
September 2022
PURCHASE PRICE
14,500,000
EXIT PRICE
29,200,000
Multiple on Equity
2.32x
IRR
37.48%
The Enclave
4801 Spencer St, Las Vegas, NV 89119
TYPE
Value Add
UNITS
258
YEAR BUILT
1978
Date Purchased
June 2011
DATE SOLD
September 2016
PURCHASE PRICE
$9,300,000
EXIT PRICE
$19,600,000
Multiple on Equity
1.63x
IRR
15.14%
Iris Gardens
Azusa, CA
TYPE
Affordable Housing
UNITS
120 units
YEAR BUILT
1962
Date Purchased
January 2021
DATE SOLD
September 2022
PURCHASE PRICE
9,725,000
EXIT PRICE
31,300,000
Multiple on Equity
4.09X
IRR
32.33%