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Updated about 2 months ago on .

User Stats

4
Posts
1
Votes
Ryan Lewis
  • Investor
1
Votes |
4
Posts

Capital Partner Relationship Development for Multifamily Investments

Ryan Lewis
  • Investor
Posted

My firm, Western Edge, is looking to build relationships with capital companies looking for deals with the following characteristics:

   - Multifamily investments in West Texas and Houston. Opportunistic nationwide, but these are our areas of focus.

- JV or partnership structures where capital partner has appropriate oversight; we welcome outside input.

- Assets requiring limited major CapEx on systems (HVAC, plumbing, etc.) and a light to moderate renovation component.

- Quality tenant bases in underperforming or undervalued properties. Our firm specializes in operational optimization to drive NOI improvements without major disruptions to the tenant experience.

Our portfolio is small but growing, and includes a 22-unit complex in West TX. We have dropped the expense ratio from 69% to ~46%-48% and only raised rents by a small 6%. We have successfully implemented a mid-term rental (MTR) strategy, and intend to expand it. Based on conservative projections, we anticipate a 46% NOI increase by the end of year one.

If our investment strategies align, I'd welcome the opportunity to connect and build a relationship. I'm happy to travel to meet the right partners in person and discuss opportunities further.