Hundreds of deals come across our desk on a consistent basis. With our strict underwriting guidelines, we see one great deal to execute on every 100.
We focus on value-add properties that have a clear path to stabilization through repairs, improved operations, and new amenities.
After substantially improving the property we increase the Net Operating Income (NOI) on the property by pushing up rents.
Brokers love to provide buyers with financial projections (proformas) as if they were today’s numbers. We verify, and base our offer on the ACTUALS.
We dive deep into the deals submarket to understand the We carefully evaluate the submarket of our deals to understand the economic drivers, rental trends, and local regulations.
After all of the aforementioned, we come up with Maximum Allowable Offer (MAO), which is the maximum amount we can pay to acquire the deal.