We re-develop buildings into their full potential as modern residences.
We purchase and renovate pre-fabricated and mobile home assets with strong fundamentals of location and design. We actively purchase, renovate, and rent out a portfolio of single family assets throughout the East Coast of the US and in select Midwest markets.
As a large wave of new multi-family construction enters the market in 2016, the multifamily sector remains robust but with growing dispersion across geographic markets. Strong multifamily property price growth has been driven by investor confidence, strong fundamentals, and availability of capital.
Apartment rents have marched steadily higher for six consecutive years due to tough lending standards for home buyers and a shortage of apartments for middle-income renters. Interest rates, foreign investments, and a potential slowdown in rents urge caution as we approach 2020 and beyond.