Acquisition Criteria

Acquisition Criteria
Distressed/Value Enhancement Class A- to C-

  • All vintages considered
  • 100+ units in suburban locations; will consider smaller properties in urban locations
  • No transaction size limits
  • Class A or B suburban locations, and will also consider higher barrier to entry urban locations
  • Capitalization Rates consistent with market fundamentals
  • Debt assumptions considered
  • Competitive timing for Due Diligence and Closing
  • Target Markets: Houston, Dallas, San Antonio, and surrounding suburbs
  • Market Rate assets
  • Properties with Value Enhancement potential