$2 million to $50 million
We typically invest in three different asset types:
C-B+ multi-family properties
85+% occupied assets capable of obtaining long-term debt.
multi-family properties capable of being converted into Senior Adult Assisted Living facilities.
multi-family properties where the profits and occupancy are low and capable of generating more revenue with converting to a senior living facility.
Capable of achieving 7-8% cash on cash return at takeover in primary markets, or 8-10% in secondary or emerging markets
A debt coverage ratio of 1.5
3-7 year holds
Primary and emerging markets nationwide. Plus, heavy populated senior adult and state-funded healthcare areas where this need is the strongest and quickest way to gain full occupancy at these locations.