Our investment philosophy is based on some fundamental facts that we believe will only drive value in multi-family apartment buildings for the long term. Because of these facts our investment strategy is, well, simple.
Buy, renovate, rent and refinance multi-family rental properties in markets that are undergoing positive change with strong socio/economic trends that will create high demand for rental housing, improving rents, stable low vacancies and prospects for improving valuations.
Affordable Housing Options are limited With current trends in real estate prices, what was once affordable for the middle class working family is now so expensive as to be only a distant memory for many.
Demand is outpacing supply – by a lot! With more and more people moving to the major markets, demand for housing in all forms is outstripping supply. Without significant new product, rents and prices will continue to escalate as people try to outbid their neighbours for housing options.
Regulatory Restrictions Governments have initiated many new restrictions in the hopes of combating unaffordable housing costs. Each time they implement a new rule, the unintended consequences have constricted the housing sector and pushed affordability further out of reach. Rules such as the greenbelt, rent control and stress testing have made building, buying and renting significantly more expensive than it needs to be.
Leveraging the wealth multiplier effect, we plan to maximize cash flow through our value add process of focused renovation, modernization of the infrastructure and improvement of operating efficiencies.