Portfolio

Kemper House

Acquisition Year: 2024

Location: Cleveland, OH (Shaker Heights)

Asset Type: Multifamily Apartment Building

Units: 51

Strategy: We acquired this property from a family that owned it for 75+ years. Rents were approximately 50% below market and record keeping was non-existent. We plan to increase rents and improve operations significantly.

Hessler Place

Acquisition Year: 2024

Location: Cleveland, OH (University Circle)

Asset Type: Multifamily Apartment Building

Units: 15

Strategy: Increase rents and enhance operational efficiency in the vibrant University Circle area of Cleveland, OH. We anticipate strong rental demand in this supply-constrained market, and forecast that we can maintain occupancy levels of 90%+.

Lighthouse Portfolio

Acquisition Year: 2023

Location: Erie, PA

Asset Type: Multifamily Apartment Portfolio

Units: 224

Strategy: Our plan focuses on improving operational efficiency and increasing rents to elevate property value. By implementing streamlined processes and modern upgrades, we aim to create a more attractive living environment.

Kemper Ambassador

Acquisition Year: 2023

Location: Cleveland, OH (Shaker Heights)

Asset Type: Multifamily Apartment Portfolio

Units: 186

Strategy: Increase rents by upgrading building interior and exterior. This property has been mismanaged by the same family for over 20 years and we believe we can extract significant operational efficiencies. We plan to hold these buildings for 10+ years.