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.

Active Markets
Target Markets
Total Properties 24 Total Properties
Average Occupancy Rates 95% Average Occupancy Rates
Total Units 4,598 Total Units

Case Studies

Pacific Trails

Pacific Trails

18615 E. Arrow Hwy, Covina, CA 91722

TYPE

Value Add

UNITS

84

YEAR BUILT

1977

Date Purchased

August 2015

DATE SOLD

October 2018

PURCHASE PRICE

$12,650,000

EXIT PRICE

$16,000,000

Multiple on Equity

1.46x

IRR

13.81%

 Miracle Terrace

Miracle Terrace

225 S. Western Ave, Anaheim, CA 92804

TYPE

Value Add

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

2.14x

IRR

60.16%

The Enclave

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%

Watercrest

Watercrest

46745 Monroe St, Indio, CA 92201

TYPE

Value Add

UNITS

226

YEAR BUILT

1983

Date Purchased

January 2011

DATE SOLD

November 2015

PURCHASE PRICE

$9,750,000

EXIT PRICE

$17,300,000

Multiple on Equity

2.37x

IRR

34.78%