EM Capital has yield requirements that are commensurate with the risks and opportunities presented by each property. EM Capital focuses on markets of growth and stability with barriers to entry and/or properties available below replacement cost. Additionally, we prefer stabilized properties - minimum of 85% occupancy - requiring a renovation or upgrade where the property’s class is below that of the other competitive properties in its market.
Property Type: Multifamily
Asset Class: C+ to B+ (Primary focus is Class B assets)
Location Quality: C+ to A+
Property Size: 50 - 400 units; single asset or portfolios
Property Vintage: 1970+
Investment Structure: All cash to seller; Loan assumptions on a case-by-case basis.
Strategy: Seeking stabilized assets with operational and physical repositioning opportunities.
EM Capital sources stabilized value-add apartment properties and then repositions them by:
1) Completing necessary capital expenditures projects; and
2) Reducing expenses by maximizing operational efficiencies by working with trusted property management firms.
EM Capital then sells the community as a stabilized asset within three to seven years to secure projected returns for investors.