MULTIFAMILY WORKFORCE HOUSING
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Workforce Housing or NOAH (Naturally Occurring Affordable Housing) can be defined as non-subsidized attainably-priced housing in reasonable proximity to urban job centers for local workers such as teachers, nurses, or firefighters who make between 50% and 120% of Area Median Income.
 
Workforce housing is a compelling investment asset class due to its limited supply and strong demand and the shortage of workforce housing is a critical social issue in America today. Responsible owners and operators are essential to preserve and improve these properties and provide attractive housing options to essential local workers.

INVESTMENT STRATEGY

OPERATING PRINCIPLES

Think Like an Investor, Manage Like an Operator. 

​Value-oriented investment strategy seeking to generate superior results through long-term capital appreciation and income.

Defensive approach focusing on the appropriate understanding and management of risk and preservation of capital.  

Acquire high quality assets with economic moat in urban locations at discount to intrinsic value.

Detailed research and analysis of fundamentals through top-down and bottom-up approach results in specialized knowledge of multifamily in target markets.

​Value-add operating strategy to improve properties through repositioning, maintenance, leasing, management, and/or capital structure increases cash flow over long-term. ​

Entrepreneurial Culture - growth mindset, incremental innovation, mission-driven, ability to act quickly

Alignment of Interests - partnership fosters trust and maximizes growth 

Sustainability - on economic, environmental, and societal level allows for long-term positive impact

​​Ownership Mentality - sharing values and risk, extreme ownership mindset, taking initiative 

Accountability - to all stakeholders including residents, partners, employees, advisors, contractors, regulators 

Integrity - doing the right thing by always acting honestly, ethically, and fairly