Team Portfolio Current

Located near Dallas, in Lewis, Texas, this beautiful property offers distinctive Tuscan architecture and offers resort-style amenities. 96% occupancy rate and a 61% loan to value.  Low cash on cash but high expected return on invested capital.

units

1,224

This is a 153 unit apartment community with beautiful grounds and a large community pool. This complex was built in 2002 and acquired in 2020.

Units​

153

Parc Place Townhomes, in Atlanta, GA Built in the 1970’s, Parc Place Townhomes is a two-story, 120-unit property in Atlanta, Georgia. The apartment complex was renovated in 2018 and is composed of one-bedroom and two-bedroom units. Accessible to nearby schools and universities. The property is located in Clayton County at 2001 Goodby Road, Atlanta, Georgia.

Units​

120

Westwood is a 419-unit multi-family property located in West Columbia, SC. It is a two-story, garden-style apartment community built in 1968.  The property consists of 170 1-bedroom, 212 2-bedroom and 37 3-bedroom units residing on 20.31 acres of land with ample green space and amenities for tenants to enjoy.

Units​

419

Built in 1969, Villas at Panthersville is a 475-unit two-and three-story apartment community comprised of 24 studio, 169 1-bedroom, 234 2-bedroom, and 483-bedroom units. The property resides on an expansive 43.1 acres with ample green space. The property is in a prime location with easy access to  downtown and Hartsfield-Jackson International Airport. The current amenity center consists of a clubhouse, fitness center, business center and swimming pool.

Units​

475

St. James Place is a 165-unit two story garden style apartment community located at 5801 Riverdale Road, College Park, Georgia, just minutes from the Atlanta airport.  The property consists of 13 one-bedroom and 152 two-bedroom units. Residing on 18.67 acres of land, the ample space can be utilized to build additional amenities and possible additional units.

Units​

165

Built in 1971, the subject Property is a 236-unit two-story Tudor-style apartment community comprised of a healthy unit mix of 1- and 2-bedroom units (53% and 47% respectively). The property spans across 22 acres in a private setting with easy access to I20 which goes directly into Downtown Atlanta.

Units​

236

102 Unit Apartment Community 2 story garden-style apartment community comprised of a healthy unit mix of 22 1 bedroom, 56 2-bedroom, and 24 3-bedroom units. The property resides on 7 acres of land in a private residential setting near Stone Mountain Park.

Units​

102

Broadway Townhomes in College Park, GA Broadway Townhomes is an apartment community built in 1969. The property has 183 units of mixed apartment types. There are newly renovated spaces and two or three-bedroom townhomes with stellar amenities which cater to tenant needs. It is located at 1951 Southampton Road, College Park, Georgia with easy access to nearby schools and universities.

Units​

183

This 100 unit multifamily apartment community was acquired in 2019. It is a pet friendly community with Wi-Fi at the pool and clubhouse. The picnic areas have grills and are surrounded by an abundance of green space. The apartments come equipped with garbage disposals, washer/dryers, air conditioning and scenic views.

Units​

100

Wilton Pointe Apartment Homes is a 66-door apartment and 7-unit commercial complex located in Wilton Manors, Florida. The property is composed of mixed apartment types, from studio apartments to spacious three bedrooms. Offering good amenities and well-maintained facilities, it is accessible to a lot of employment locations, good schools and is close to downtown Ft. Lauderdale.

Units​

73

Freedom Beldon Spring Lake, a 100-unit multifamily property located in Columbia, SC. Built in 1973, the Property is a two-story, garden-style apartment community with brick exterior and exceptionally large units. The property’s unit mix consists of 24 1-bedroom, 52 2-bedroom, and 24 3-bedroom units.

Units​

100

Langley Place Apartments is located in Decatur, Georgia. This apartment community was built in 1973 and has 2 stories with 118 units. It combines livability, design, and quality. The 3801 Kensington Ct. location in the 30032 neighborhood of Decatur is convenient to everything! It offers a host of amenities including smoke-free options, eat-in kitchen or dining rooms, and tile floors.

Units​

118

76 Unit apartment complex in Decatur Georgia (outside Atlanta).  Purchased for low price of $32K per unit – value add renovation strategy – high expected cash on cash returns

Units​

76

A 201 unit garden apartment community in Corpus Christie, Texas Garden style apartment community acquired in June 2018. Value add plan – occupancy in the low 90s%

Units​

201

This 184,000 square foot office building in located within the affluent Chicago MSA. This building, built in 1999, features a direct underground access multi-level parking garage, full service café and fitness center.  Purchased directly from the bank at an attractive price.

SQFT​

184000

75 Class A office buildings currently 85% occupied and providing a 9% cash yield with the intention of moving the assets to a REIT to provide liquidity and price appreciation.

Well located 90% occupied retail center purchased at over 8% cap rate with average projected cash-on-cash returns of over 14% with long-term tenants in place purchased from public REIT in affluent Rhode Island Location

A significant value add plan is being executed to renovate 1 bedroom units into 2 bedroom units and existing 2 bedroom units into 3 bedroom units, which should provide substantial rent increases.

Located in the northern suburb of New Haven, CT. “Eds and Meds” strategy focusing on housing for students and medical workers catering to Yale and the surrounding community. Potential to increase rents which are below market.

Small luxury multifamily assets with retail and 40 apartments.  Attractive acquisition price and cash flow.

Units​

40

167 unit complex purchased for $28.8K per unit.  Located in suburb of Atlanta. Atlanta market features strong economy and population growth.  High cash on cash returns after value add plan implementation.

Units​

167

92% leased LEED Gold office building purchased at 20% below replacement cost.  Recently lease additions will increase rental income this fall. Visible from I-95 in growing submarket near Princeton, NJ

Highly experienced partner – we purchased our interest at a meaningful discount to fair market value at the time of our investment. One asset sold Q1 2019

Located in affluent and growing suburban area of Bucks County, property was acquired for $123/sq ft. representing significant discount to replacement value and 12% cap rate on in place NOI.  Value add opportunity from option to increase existing occupancy

Losing a tenant (Family Dollar) cash yield 13%, 91% leased retail shopping center anchored by Fiesta Mart and Big Lots located in growing areas of Richardson, TX.  Purchased at discount to replacement value. Projected low teens cash on cash distribution yield

Clotine represents a portfolio of 11 single family homes. All the properties are leased by a single tenant for assisted living and healthcare for the elderly. The properties are located in Frederick County, Shenandoah County, and Washington County all within the state of Virginia.

Units​

11