Our Investment Strategies

Carry Strategies

  • Ability to acquire multi-family properties below replacement cost.
  • Access to long term low fixed rate financing with attractive LTVs (65% or more).
  • Attractive high single digit cap rates in selective US markets.
  • Targeting net cash-on-cash returns of 7% to 12%, and net ROI’s of 16%+.
  • Exit through refinance or sale over 36 to 48 month period.

Value Add Strategies

  • Ability to increase occupancy and/or operating income of multi-family properties, through renovations and other enhancements to the property.
  • Create value through significant NOI growth.
  • Target 2%-8% cash-on-cash returns but significantly higher ROI’s through refinancing and/or sale.
  • 5 year time horizon to complete tenancy turnover and stabilization at higher revenue levels.

Bridge Financing

  • Short term bridge loans in advance of construction loan and first mortgage.
  • Normally senior secured, with additional guarantee from developer.
  • 6 to 12 month duration.
  • LTV’s between 25% and 75%.
  • Target net annualized returns of 10% to 12%.

Opportunistic Strategies

  • Opportunistic participation in other real-estate segments (e.g. new developments, distressed sales and bankruptcy auctions, hotels).
  • Investments across the capital structure.
  • 24 to 36 month investment horizon.
  • Targeting net annualized returns of 30%+.
  • Ability to acquire multi-family properties below replacement cost.
  • Access to long term low fixed rate financing with attractive LTVs (65% or more).
  • Attractive high single digit cap rates in selective US markets.
  • Targeting net cash-on-cash returns of 7% to 12%, and net ROI’s of 16%+.
  • Exit through refinance or sale over 36 to 48 month period.
  • Ability to increase occupancy and/or operating income of multi-family properties, through renovations and other enhancements to the property.
  • Create value through significant NOI growth.
  • Target 2%-8% cash-on-cash returns but significantly higher ROI’s through refinancing and/or sale.
  • 5 year time horizon to complete tenancy turnover and stabilization at higher revenue levels.
  • Short term bridge loans in advance of construction loan and first mortgage.
  • Normally senior secured, with additional guarantee from developer.
  • 6 to 12 month duration.
  • LTV’s between 25% and 75%.
  • Target net annualized returns of 10% to 12%.
  • Opportunistic participation in other real-estate segments (e.g. new developments, distressed sales and bankruptcy auctions, hotels).
  • Investments across the capital structure.
  • 24 to 36 month investment horizon.
  • Targeting net annualized returns of 30%+.