Category: Multifamily

Property details

Washington, d.c.

District Co-Living

Investment type

Development

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside Outlier Capital realty in the ground-up development of a well-located, Class A co-living apartment building in downtown Washington, DC. Once complete, the property will consist of 15 shared residential suites (67 private bedrooms) and 4,226 square feet of ground floor retail.

The development is situated near the intersection of 9th and M Streets, NW, in the Mt. Vernon Triangle/Shaw neighborhood of downtown Washington, DC, directly across from the Convention Center. This area is known for its popular restaurants, retail offerings, and proximity to more than 2.3 million square feet of office.

Property details

Takoma park, maryland

Cypress on Vine Co-Living

Investment type

Development

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2022

Investment Summary

The property is located in Takoma Park, two blocks southeast of the Takoma Metro station, which provides direct access to downtown Washington, DC. Takoma Park is an established, residential neighborhood with strong demographics and an appealing aesthetic that has consistently attracted new residents.

Once complete, the property will feature a four-story, approximately 56,434 square foot, Class A multifamily property with indoor and outdoor rooftop space, grilling areas, and two multipurpose meeting rooms on the penthouse level. There will be 28 shared living suites with 155 fully furnished bedrooms.

Property details

palm harbor, florida

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

Acworth, georgia

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

Ada, michigan

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.