Multifamily · Value-add
The Alder
A 1980s garden community near a growing medical district, renovated unit by unit while residents stayed.
- Units
- 96
- Market
- San Antonio, TX
Multifamily real estate
We buy multifamily properties in growing markets, improve them thoughtfully, and hold them for the long term.
412
Units owned
3
Markets
97%
Avg. occupancy
Buy box
What we buy
If a property fits these numbers, we want to hear about it — on or off market.
40–200Units per property
Class B/CAsset class
$4M–$30MPurchase price range
7–10 yrsTypical hold
Approach
How we own a building
Five habits we apply to every property, from the first look at the rent roll to the day we sell.
- Choose the marketJob growth, population inflow, and limited new construction across Texas and the Southeast.
- Underwrite conservativelyWe model flat rents and higher costs first, and buy only if the deal still works.
- Improve with purposeUpgrades that residents value and that raise income, not cosmetic spending.
- Operate for the long termResponsive management, low turnover, and steady reporting.
- Use sensible debtFixed or capped rates with room to spare against debt payments.
Counterparties
Who we buy from
Owners, brokers, and lenders with properties that fit our criteria.
Sellers
We close with proof of funds, plain terms, and a short timeline. Tell us what matters most to you.
Brokers
Send off-market and marketed deals that match the numbers above. We respond quickly, including when the answer is no.
Lenders
Conservative leverage, clean reporting, and sponsors who have operated through a full cycle.
Portfolio
Properties we own
Multifamily · Value-add
Multifamily · Core-plus
Magnolia Court
Well-kept 1990s property bought from a long-time owner; light upgrades and professional management.
- Units
- 148
- Market
- Raleigh, NC
Multifamily · Value-add
Cedar Row
Townhome-style community with new roofs, laundry hookups, and a refreshed clubhouse.
- Units
- 64
- Market
- Chattanooga, TN
Get in touch
Have a property that fits?
Share the address, unit count, and asking price.
- Reply within three business days
- Read by a partner, not an inbox