Investment Strategy

The "Operational Alpha" Approach

The Thesis

Florida remains a top-tier market for risk-adjusted multifamily returns, supported by sustained migration, employment expansion, and a favorable tax environment. Our strategy targets institutional-quality assets acquired below replacement cost, where value is created through renovations, measurable operational improvements and potential rent increases.

Target Returns

We aim to deliver consistent earnings and dividend growth through disciplined acquisitions, conservative leverage, and NOI expansion.

10-15% Annual IRR

Vintage2010 or newer

Size10+ Units

Cap Rate Target5.0% - 7.0%

Basis$150k - $200k per unit (Below replacement cost)

Tax Efficiency via 1031 Exchange

We leverage Section 1031 of the IRS Code to defer capital gains taxes on property sales, allowing investors to reinvest proceeds into new like-kind assets. This powerful tool preserves capital and accelerates portfolio growth through tax-deferred compounding.

Operational Alpha

We drive returns not only through market rent growth, but by improving the property’s P&L—reducing controllable expenses and expanding ancillary income to grow NOI.

Insurance Optimization

Use risk-mitigation measures and insurance structuring, including fortified improvements where applicable, targeting meaningful premium reductions over time.

Tech-Enabled Management

Centralize leasing and streamline operations to reduce on-site payroll and improve leasing velocity and resident experience.

Ancillary Revenue

Implement practical income programs such as bulk internet, valet trash, and smart-home technology fees to expand revenue per unit.