Morehead West Apartments
Multifamily: 216 units
Charlotte, NC
- Off-market acquisition of Class A apartment property located in a rapidly improving neighborhood, within walking distance of Bank of America Stadium – home of the Carolina Panthers.
- Opportunity to add new apartment units and commercial suites by building out underutilized space, implement amenity upgrades, and apply institutional quality management.
The Promenade at Northwoods
Retail: 266,588 sq ft
Charleston, SC
- Acquisition of capital-starved regional shopping center located near the rapidly growing Boeing South Carolina facility
- Opportunity to renovate façades and reposition the asset through aggressive property management and leasing
- New leases executed with several major tenants including Hobby Lobby, Boot Barn and Party City
The Gardens at Maplewood
Multifamily: 88 units
Maplewood, NJ
- Acquisition of underperforming apartment complex in highly desirable town with top-rated schools
- Opportunity to implement professional management and completely renovate the apartment units
5 Omni Way
Office: 131,252 sq ft
Chelmsford, MA
- Acquisition of distressed vacant office building, directly from special servicer at deep discount after foreclosure
- Opportunity to implement impactful capital improvements and aggressive leasing campaign
- Leased entire building to Comcast
The Pointe at Stono Shores
Residential Land: 7 Lots/Homes
Charleston, SC
- Acquisition of waterfront land to be sub-divided and developed into seven high-quality single family homes
- Opportunity to provide scarce waterfront housing at an attractive price point in a strengthening market
Legacy Heights
Multifamily: 384 units
Federal Heights, CO
- Acquisition of well-located apartment complex in Denver area from a distressed private partnership
- Opportunity to completely renovate property and improve management
- Investment was realized in July 2014
Waterhouse Place
Multifamily: 279 units
Beaverton, OR
- Acquisition of institutional quality apartment complex located one mile from the expanding Nike world headquarters
- Opportunity to renovate unit interiors to appeal to the affluent tenant base and capture full rent potential
- Investment was realized in September 2015
Ballantyne Apartments
Multifamily: 219 units
Englewood,CO
- Acquisition of under-managed, 2008 vintage transit-oriented apartment property located in an exceptionally strong sub-market
- Opportunity to extensively renovate unit interiors to feature high-end finishes in line with higher-priced direct competitors
Highland Mill Lofts
Multifamily: 166 units / 11,500sf commercial
Charlotte, NC
- Acquisition of converted historic mill property located in the trendy "NoDa" neighborhood of Charlotte
- Opportunity to implement strategic physical upgrades, improve management and lease remaining vacant retail/restaurant space
372 Danbury Road
Office: 92,422 sq ft
Wilton, CT
- Acquisition of boutique office building in affluent Fairfield County from motivated private seller
- Opportunity to improve building aesthetics and broaden the appeal of the building to both traditional and medical office tenants
480 Sprague Street
Industrial: 233,891 sq ft
Dedham, MA
- Acquisition of warehouse/distribution facility within greater Boston's Route 128 corridor, used by existing tenants for delivery associated with online sales
- Opportunity to lease vacant space in a market with declining supply, as previously competitive buildings are demolished and redeveloped for mixed-use product
- Leased vacant space to Amazon.com, bringing occupancy to 100%
