Completed
The Lofts at Rose Monte
Nashville, TN
Overview
Asset class
Real estate
Asset type
Multifamily
Strategy
Core plus
Funds
Growth eREIT II
Update
New acquisition
October 23, 2020
This combined investment offers the stability of a well-occupied, cash-flowing asset with long-term growth potential by building an expansion on the adjacent property.
New acquisition: Rental townhome community in Nashville, TN
View update
Asset type
Multifamily
Multifamily (MF) is a residential building designed to house multiple tenants. These properties can range from small to large apartment complexes with hundreds of units. With a boom in remote work and business-friendly local governments courting employers, more affordably-priced suburban apartment communities have generally experienced stable or growing demand. Multifamily’s resilient demand and scale enables us to leverage our integrated operating platform to drive long-term performance.
Our strategy
Core plus
Acquire and operate stabilized, cash flowing properties
- Expected variability of return: Moderate
- Timing of expected return: Begin earning income shortly after acquisition
- Primary expected source of returns: Rental income with some growth
This section is intended to provide a general overview of the Core plus strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.