Gelt Ventures is seeking to acquire multifamily investment properties in the Western United States with an emphasis on California, Utah, Nevada, Colorado, Washington, Oregon, New Mexico, Arizona, and Texas. Suitable properties are well-located within a major metropolitan area, located in infill areas.
Our target acquisitions have significant in-place cash-on-cash yield and offer some value-add components through interior renovation, amenity addition, and addressing mismanagement.
Property Type: ApartmentsAsset Class: A, B, & C
Location: On major streets and throughways, in residential neighborhoods, in close proximity to colleges and campuses, hospitals and malls, and other employment generators
Pricing: $4 million – $150 million+Property Vintage: 1970 or newerInvestment Structure: All cash to seller. Loan assumption may be consideredPreferred
Markets: Western United States with an emphasis on California, Colorado, Washington, Oregon, Utah, Nevada, Arizona, New Mexico, and Texas
Identify investor needs
Provide investor with investment opportunities
Once an investor invests with Gelt, they receive quarterly newsletters detailing property performance and trends.
Our best in class teams including finance, investor relations, asset management, legal, and third-party accountants that ensure all investor's needs and questions are met throughout the life of the investment.
Asset stability throughout different stages of economic cycles.
An ever-growing shift towards renting vs. buying, due to high student debt, rising interest rates, and millennial and baby boomers desire for flexible lifestyle with no responsibilities for property upkeep.
Obtain competitive long term, low interest rate debt to provide a high probability for substantial cash on cash yield.
As "everyone needs a place to live," there is always a demand for multifamily as populations grow. The continued growth of multifamily fundamentals is nearly inevitable.