ACQUISITIONS
Aslan Realty Group’s business model emphasizes the procurement of unique core plus assets and under-performing multi-family properties where renovation and improved management can effectively reposition the community to a new market level.
| Locations: | Southern California – Los Angeles, Orange, Riverside, San Bernardino, and San Diego Counties Northern California – San Francisco and Sacramento Counties Arizona – Phoenix and Tucson Washington – Seattle Georgia – Atlanta Florida – Major Markets |
| Project Size: | Size: 50 – 500 units Value: $10– $100 Million (Aslan Realty Group evaluates portfolio opportunities) |
| Project Condition/Age: | Class “B” or better Typically, 10-40 years old |
| Investment Style: | CORE PLUS and VALUE-ADD: Acquisitions typically benefit from renovation and management improvement. The local sub-market must allow for repositioning of the property with higher rents post-renovation. The sub-market should also have favorable market dynamics. |
| Renovation Scope: | From cosmetic to significant physical changes. Renovations typically range between $5,000 to $30,000 per unit. |
For more information about marketing an asset to Aslan Realty Group, please contact:
Tom Rakow
trakow@aslanrg.com
949-466-8840