Acquisition Criteria

Class B/C

Workforce and middle income properties.

Value-Add

The tenant experience can be enhanced through capital infusion to the property, improvement to communication and management systems, leasing channels to market, and/or tenant engagement initiatives.

Durability

Quality of cash flows, low-to-moderate occupancy risk, limited infrastructure risk, 1970’s-80’s vintage.

Texas Market

Dallas, Austin, Atlanta

Growth Opportunity

Below market rents, below market amenities, potential to optimize occupancy or attrition, and a median income that can support revenue growth.

150-400 Unit Count

Other volume and options may be considered.