MULTI-FAMILY ACQUISITIONS GUIDELINES
Geographic Guidelines
| Baltimore, MD |
Kansas City, KS/MO |
Long Island, NY |
| Boston, MA |
Lexington, KY |
Northern NJ |
| Chicago, IL |
Louisville, KY |
Westchester County, NY |
| Cincinnati, OH |
Madison, WI |
Philadelphia, PA |
| Cleveland, OH |
Memphis, TN |
Pittsburgh, PA |
| Colombus, OH |
Miami, FL |
Richmond, VA |
| Denver, CO |
Milwaukee, WI |
San Francisco, CA |
| Des Moines, IA |
Minneapolis/St. Paul, MN |
St. Louis, MO |
| Detroit, MI |
New York City/Tri-state region |
Seattle, WA |
| Indianapolis, IN |
Fairfield County, CT |
Washington, DC/Northern VA, MD |
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Property Type
- Class A/B with Class A Location
- Single Asset or Portfolios (operating companies)
- Existing property only (no development)
- Suburban locations near strong central business districts
- $25MM minimum purchase price; no maximum size
- Value enhancement, turn-around, and redevelopment opportunities strongly desired
- Well-leased core and core plus institutional assets considered
- No age limitations
- Quality of construction to be a key consideration
Acquisition Type
- All cash or with financing
- Work-outs
- Purchase of debt
- Fee simple and leashold interests
- Partnership interests with or without management control
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