Opportunities
Successful real estate investors, unlike speculators, need a plan with a clearly defined entrance and exit strategy. Your real estate investments should always be based on sound principals: Rental Yields, Affordability, Capital Appreciation, and Value Added Strategies. We are Developing Opportunities founded on these principals to Build Wealth.
Acquisition Criteria
Shelter focuses on sub-markets growth, high barriers to entry locations, and assets below replacement cost. Shelter reviews in excess of $1.5 billion in assets weekly and has yield requirements that correspond with the risks and opportunities presented by each opportunity. Shelter is currently seeking to acquire the following off-market and marketed opportunities:
- Property Type: Garden, Mid-Rise and High Rise
- Property Type: Value add, core plus and opportunistic properties
- Asset Class: Rated “C” or better
- Location Quality: In sub-markets rated ‘B’ or better
- Property Size: Minimum 100 units; Single asset or portfolio
- Pricing: $15 Million and up
- Vintage: Built in 1975 or newer
- Investment Structure: All cash to seller; loan assumptions on a case-by-case basis
Target Locations
MSA’s with at least a population of 500K with a focus on the following Tier 1 institutional markets.
- California (Northern and Southern California)
- Arizona (Phoenix, Tucson)
- Washington (Seattle, Vancouver)
- Oregon (Portland)
- Colorado (Denver, Colorado Springs)
- Utah (Salt Lake City, Utah County)
- Greater Washington DC and Mid-Atlantic (Maryland, Northern Virginia)
- Texas (Dallas-Fort Worth, Austin, San Antonio, Houston)
- Florida