Active

Highland Exchange

Charleston, SC

Overview

Asset class

Real estate

Asset type

Multifamily

Strategy

Core plus

Funds

Update

New acquisition

August 30, 2021

This investment fits into our broader strategy to invest in affordably-priced apartments across the Sunbelt.

Stabilized apartments near Charleston, SC

Location

Charleston, SC

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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

More about our strategies

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.

Associated funds

Balanced eREIT II

Open Real estate

The Balanced eREIT II acquires Class A multifamily primarily throughout the Sunbelt, following our consistent themes of affordable-priced residential, the attraction of lower-cost regions and the rise of remote work.

Flagship Real Estate Fund

Open Real estate

Our Flagship Real Estate Fund is designed to deliver long-term appreciation from a diversified portfolio of our most favored real estate investment strategies: build-for-rent housing communities and multifamily and industrial assets in the Sunbelt.

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