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 29 Total Properties
Average Occupancy Rates 95% Average Occupancy Rates
Total Units 4,300+ Total Units

Case Studies

Aspire Lakewood

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

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

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

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

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

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%