Updated almost 2 years ago on .
New VareCo Fund Alert! Multi-Family Value-Add Workforce Housing
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- 11/08/23 02:00PM - 03:00PM America/Denver
- http://bit.ly/fundalertmultifamilyvalueadd
- Free
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We're Excited to partner with Terrance Doyle and VareCo on their new fund, specializing in value-added housing projects in Denver, CO, and Des Moines, IA. Explore their expertise in asset acquisition and value-boosting strategies.
In the multi-family sector, some syndicators who acquired such projects between 2020 and 2022 now face the need to sell or refinance due to maturing senior debt and expiring rate caps. VareCo specializes in crafting excellent seller financing deals with legacy owners, acquiring assets below market prices, and providing rescue capital to secure controlling positions. They focus on property types and vintages where they can drive appreciation through their proven value-added approach, backed by in-house construction capabilities (offering rehab at 25-50% below market value) and in-house property management.
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Time: Wednesday, November 8th at 2:00 PM MDT
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