28%
Value creation in 18 months
Overview
Underperforming 72-unit affordable housing asset acquired and repositioned through operational improvements and targeted capital expenditure.
Capital Stack
- Private equity
- Agency debt (Freddie Mac)
Timeline
18 months from acquisition to stabilization
Key Outcomes
28% value creation
Improved resident satisfaction
Reduced operating expenses by 15%
Full occupancy achieved within 6 months