Property details

Boot Ranch Apartments

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside Providence Real Estate in Boot Ranch, a stabilized, 432-unit apartment complex located in Palm Harbor (Tampa), Florida. The property, constructed in 1996, consists of 17 residential apartment buildings and a clubhouse.

Property details

Legacy at Acworth

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Tenancy in Common (TIC)

Year Acquired

2019

Investment Summary

Syndicated invested alongside Sundance Bay in the acquisition of Legacy at Acworth, a 192-unit, garden style apartment community situated on 16.035 acres and comprised of 14 two-story buildings and a clubhouse.

Syndicated structured its acquisition as a Tenancy in Common (TIC) to accommodate investors completing a Section 1031 Exchange.

Property details

Stone Falls of Ada

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2018

Investment Summary

Syndicated invested alongside Highgate Capital Partners in the acquisition of Stone Falls of Ada, a stabilized, Class A, 210-unit garden-style apartment complex located in Ada Township (Grand Rapids), Michigan.

Property details

Walker House Apartments

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2018

Investment Summary

Syndicated invested alongside Urban Investment Partners (UIP) in a 212-unit apartment community located at 18700 Walkers Choice Road in Gaithersburg, Maryland, a dense and established suburb of Washington, DC.

The property consists of an eight-story, 196-unit high-rise originally built in 1971, and 16 garden style constructed in 2003.

Property details

Western Michigan Multifamily Portfolio

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside Highgate Capital Group in a 278-unit portfolio of garden style apartment buildings located in Portage and Kalamazoo, Michigan.