Walnut Trails
Units: 210
Investment Rationale:
- Walnut Trails has opportunity to increase returns through non-invasive light value add renovations for unit interiors and thoughtful amenity area refreshes
- Extremely well-located submarket garnering major corporate attraction
- Opportunity to better manage the property’s day-to-day operations and rent roll to better capture market rents and overall rental demand
- Strong Cash-on-Cash yields with ample upside
Prairie Place
Units: 73
Investment Rationale:
- Ability to implement operational sophistication & institutional asset management strategies
- Non-institutional owner liquidating entire portfolio in the market
- Supply-constrained submarket; property within 2 miles of 8 corporate offices housing over 3,000 employees
- 100% occupied with resident wait list to get in
Beech Grove
Units: 182
- Well-maintained, strong cash-flowing asset in one of the top Midwest apartment markets
- Upside can be realized by implementing a light renovation program, incorporating institutional level operations and revenue management through loss to lease recapture, lease expiration management, and progressive rent growth
- High growth market located 15 minutes from downtown Louisville and less than 5 miles away from the River Ridge Commerce Center, home to more than 60 companies such as Amazon, Bose, and Collins Aerospace
Three Fountains
Units: 168
- Extremely well-located submarket garnering major corporate attraction
- Current lease expiration trend presents an opportunity for us to shift expirations to more traditional seasonal months in order to capture demand and rent growth
- Strong Cash-on-Cash yields with ample upside
Fountainhead
Units: 112
- Extremely well-located submarket garnering major corporate attraction
- Current lease expiration trend presents an opportunity for us to shift expirations to more traditional seasonal months in order to capture demand and rent growth
- Strong Cash-on-Cash yields with ample upside
Irvine Company
As President of Irvine Company’s Apartment division, Founder and General Partner, Chris Marsh, had asset management responsibility over the 10th largest apartment portfolio in the U.S.Chris oversaw the development and acquisition of 22,000+ apartment homes and over $600M of strategic renovation projects across 13,000+ units in the existing portfolio.
Golden 1 Center & Doco
In 2018, the Kings ownership group and the Bhathal family completed a $1.0B development project in Sacramento covering six city square blocks which inspired an additional $1.5B+ in transformational development within a one-mile radius to the Golden 1 Center.
The Resort at Pelican Hill
One of Irvine Company's most prized assets, the resort features 300+ rooms along the Newport Beach coastline. Chris Marsh led the development of the resort, overseeing all entitlement, design, project management, budgeting, and construction activities. Awarded prestigious Five Star award from Forbes Travel Guide.
Revoz Capital
RevOZ Capital, a sister platform to RevCT focused on developments in Opportunity Zones co-founded by Alex Bhathal and Lisa Merage, has invested in $600M+ of new development projects, including 1,500+ multifamily units in Indiana, South Carolina, and California. RevOZ has also earned praised for achieving positive social impact through investments in low-income communities.