Through our extensive brokerage network, we identify stable, well-located multifamily investment opportunities with strong in-place yields. These opportunities also have room to grow returns through "value add upside" via curing management inefficiencies, renovation of interiors, and addition of amenities.
Through our network of lenders we obtain, quote out and analyze many different debt scenarios for each deal, and then procure the debt product that best fits each investment the most appropriately.
Leveraging our extensive relationships with our third-party management companies and local contractors, our asset management and capital teams execute an interior and exterior renovation plan. Value-Add plans vary by asset and market, but typical interior renovations at our properties include modernization through the addition of vinyl plank flooring, new cabinets, stainless steel appliances, new light and plumbing fixtures. Exterior renovations include addition of amenities such as dog parks, playgrounds, sport courts, bike rooms, and addressing deferred maintenance. Through these initiatives, we provide a higher quality of living for residents on site, and our investors realize a substantial ROI for the investments we make in the community.
Our best-in-class asset management team is actively involved in managing the day-to-day relationships with the property management company personnel responsible for the property. They ensure monthly and year to date financial operating goals are met while maintaining sufficient liquidity to support operations and capital projects for all assets we own.
After execution of business plan and maturation of estimate hold period, we run scenarios to determine best action plan, whether it be a sale, recapitalization, or a refinance and hold.
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.