MULTIFAMILY AND STUDENT HOUSING
Focus on multi family and student housing properties located in major and secondary metro areas and their suburbs across the 48 contiguous states, especially in locations where the team has previous experience and are supported by robust market fundamentals and the demographic range to match
Asset class is considered safe and less prone to volatility, provides investors with steady cash flow as well as capital gains
PARTNERSHIPS WITH LOCAL OPERATORS
In each local market VTS is partnering with a strong local property management partner with access to off-market deals and deep knowledge of the market
DEAL SIZE AND UNIT COUNT
$10,000,000 - $100,000,000.
150-200 minimum units with preference to larger properties.
VTS will also look to opportunistically invest in recapitalizations of distressed properties suffering from underperforming property operations or in need of capital expenditure
VTS will invest in select properties located in markets that show positive demographic potential. The market will have strong economic and rent growth, strong employment trends and a diversity of employers, vacancy compression as well as other specific criteria.
Major metropolitan areas. Secondary markets may be considered when characterized by exceptional growth and demographics. Preference to the 30 most growing counties in the country and their surrounding counties. When looking at student housing properties we will also look at academic institutions with over 20,000 students demonstrating a growth pattern and put a premium on a walkable property.
SPIDER WEB EFFECT
In the markets that we identify as investment worthy, we will strive to invest in properties that are relatively close to each other geographically, to enable us to streamline property management costs and also to accumulate critical mass so as to enable us to utilize multiple exist strategies ranging from an individual property through regional portfolio through national portfolio disposition.
Core through Value Add properties. Rehab properties may be considered when accompanied by exceptional metrics going forward
and a significant upside.