Successful real estate investment strategies begin with unique local insights. Accordingly, we focus carefully on select Midwestern markets we know well. All investment decisions are guided by extensive local market experience and thorough property-level due diligence, adhering strictly to the philosophy that real estate is a local business.
PRESERVE CAPITAL & GROW WEALTH
Preservation of capital is our North Star. We invest in the Midwest because Midwestern markets offer attractive current cash flows with less volatility combined with the ability to generate above-market NOI growth. This combination reduces investor risk while providing opportunities for meaningful capital appreciation. In addition, our long-term investment horizon allows us to grow wealth in a tax-advantaged manner.
ALIGN OUR INTERESTS WITH YOUR INTERESTS
We align our interests with yours by co-investing meaningfully in every asset we purchase, by minimizing fees, and by subordinating our economic interests to your economic interests. In addition, we are vertically integrated. This means we have fully developed internal asset management and property management capabilities, and we commit these capabilities to each asset in order to increase value. By firmly aligning our capital, management platform, and economic interests alongside your interests, we believe we can maximize your opportunities to achieve superior financial returns.
ADD VALUE
We seek to add value. Successful value-add investing requires the ability to identify assets that are under performing relative to their peer group due to inexperienced ownership, poorly capitalized ownership, management fatigue, or deferred cosmetic maintenance. Any of these conditions can create opportunities to acquire assets at prices below their true intrinsic value. Most important, we know that our purchase price is the one thing we cannot fix after closing. Accordingly, we employ highly conservative underwriting and valuation techniques when acquiring and financing the assets we purchase.
BUILD DURABLE CASH FLOWS
We invest carefully in accretive interior and exterior upgrades to build durable, sustainable cash flows over time. By building enduring, durable cash flows over time, we can create the potential for meaningful capital appreciation.
GIVE BACK
We invest in the communities we serve. We do this by implementing extensive, multi-year capital improvement programs in each property, thereby improving the quality of local housing opportunities. We also make local investments in support of the following three key themes:
- Education
- Employment Assistance
- Health & Well-being
We support these three key themes at the property level by organizing and leading local initiatives such as annual back-to-school supply drives and annual holiday toy drives. At the corporate level we provide support through annual investments in local community organizations like Cincinnati Works and GeneroCity 513 in Cincinnati, Junior Achievement in Southwest Ohio, and the Foundation for Youth in Columbus, Indiana.