With a long history as a successful developer, investor and asset manager we maintain a sizeable pipeline of new development, redevelopment and incremental development projects. To supplement these activities, we also pursue acquisition opportunities in three distinct areas – development sites, operating assets and single-use or diversified portfolios.
Our acquisition criteria include:
- Operating multifamily properties located from New England to Virginia with an acquisition cost of between $30 million and $250 million;
- Land suitable for multifamily residential, office or mixed-uses;
- Properties where our history, development expertise, operational talents and infrastructure can add significant value through financial recapitalizations, repositioning, rehabilitation or change of use.
Our well capitalized ongoing relationships with some of the world's premier equity and debt providers, and veteran acquisitions team positions us to quickly marshal resources to respond to attractive opportunities. Sellers are assured of both a seamless due diligence process and the certainty of closing in a timely fashion.