Our Strategies

It’s our goal to help create and preserve affordable housing throughout the U.S. We seek to acquire properties that are rent restricted, many of which were formed under the federal LIHTC program and have units available to residents who are often the most cost-burdened.

We purchase, renovate and reposition existing properties where under-investment and sub-par management has impeded asset quality and performance.

With a focus on asset quality and stability of cash flow, we acquire newer assets, often at a discount to replacement cost, with the intent to provide operational improvement over a 10-year hold period.

We build class-A multifamily projects in dense urban areas, enhanced by thoughtful design and amenity choices and proximate to ample employment and retail.

We develop lower-density garden-style multifamily projects in suburban locations.  

We target land sites and build multifamily projects located in Qualified Opportunity Zones. 

We develop attached and detached rental homes appealing to residents who desire more space and privacy.

With support from the LIHTC program, we develop multifamily properties with rents affordable to residents who qualify based on their income. 

We buy newly originated subordinated tranches of Freddie Mac securitized debt pools with 7- and 10-year maturity terms to the underlying fixed rate mortgage.