We Buy and Build Multifamily in Oregon & SW Washington

We are long term owners and operators with proven execution and a consistent track record of closing.

What We Buy

  • We acquire conventional multifamily assets with meaningful operational or physical upside.

    Profile:

    • 20 to 150 units

      • Under managed or under renovated

      • Below market rents

      • Operational inefficiencies

      • Clear path to increasing NOI

      Structure:

      • Conventional debt or quick close

      • Standard purchase agreements

      • Defined value creation plan

      We move decisively when there is real upside and a clear execution path.

      Seller Benefits:

      • Straightforward transaction

      • Defined closing timeline

      • Clean exit with no ongoing involvement required

      • Experienced operator who understands repositioning risk

      Broker Benefits:

      • Clear buyer profile

      • Fast underwriting and direct feedback

      • Competitive pricing when real upside exists

      • Reliable execution without unnecessary retrading

  • For more stable assets, we focus on alignment driven transactions rather than competing solely on price.

    We pursue opportunities such as:

    • Partial seller carry

    • Leveraged buyouts

    • Seller partnership or equity rollover

    • Structured preferred equity

    • Long term income replacement for sellers

    • Owners seeking to 1031 into new construction, where we identify, develop, and deliver replacement property for their exchange.

    • Partnership buyouts or recapitalizations where certain partners exit and others retain ownership.

    When seller financing, partnership, or recapitalization structure is available, we are typically able to offer top tier pricing.

    These transactions are often relationship driven and benefit from early stage collaboration.

    Seller Benefits:

    • Potential for stronger pricing when structure aligns

    • Tax efficient solutions

    • Ongoing income through financing or equity participation

    • Liquidity options without forcing a full exit

    • Flexible solutions tailored to ownership goals

    Broker Benefits:

    • Expanded solution set beyond a traditional sale

    • Ability to solve complex ownership situations

    • Higher probability of closing difficult transactions

    • Strong pricing when alignment exists

    • Repeat transaction potential through recapitalizations

  • We build multifamily across Oregon and Southern Washington.

    Conventional Land Acquisition

    We purchase land zoned or capable of being entitled for multifamily.

    • Total project cost typically $2 million to $25 million

    • Larger programmatic opportunities considered

    • We are comfortable acquiring sites outright when pricing and fundamentals align.

      Seller Benefits:

      • Clean land sale

      • Experienced multifamily developer as buyer

      • Confidence in buyer’s ability to execute

      Broker Benefits:

      • Buyer comfortable with entitlement and development risk

      • Willingness to evaluate sites early in the process

      • Reliable underwriting based on total project feasibility

      Landowner Partnerships

      In addition to conventional purchases, we have had strong success partnering with landowners who want to unlock more value without selling outright.

      In these situations:

      • The landowner contributes land into the project

      • We handle entitlements, design, financing, construction, lease up, stabilization, and long term operations

      • The site is developed into a stabilized, cash flowing multifamily asset

      • The landowner participates in long term upside rather than selling at raw land value

      We welcome early conversations on land opportunities, whether structured as a sale or a partnership, even if the site is not fully entitled.

      Seller Benefits:

      • Participation in development upside

      • Long term ownership in a stabilized multifamily asset

      • Potential for significantly greater value than a raw land sale

      • Reduced development burden through experienced operator

      Broker Benefits:

      • Differentiated solution for landowners seeking more than price

      • Increased likelihood of securing land listings through partnership optionality

      • Repeat development opportunities over time

Seller Partnership Case Studies

  • We acquired a 20 unit apartment community for 2.8 million.

    The ownership group was split. One partner wanted to complete a 1031 exchange. The other did not want to sell. Based on market fundamentals, the property would have likely traded closer to 2.2 million in a conventional sale.

    We structured the transaction to:

    • Pay off existing debt

    • Provide sufficient proceeds for one partner to complete his 1031 exchange

    • Allow the remaining partner to stay invested without triggering a taxable event

    Both partners achieved their individual objectives without forcing a discounted sale.

  • A landowner believed their property was worth 2.1 million, but market offers were closer to 1 million.

    Rather than forcing a discounted sale, we structured a land contribution partnership. The land was rolled into the project at the full 2.1 million value as equity.

    We are currently handling entitlements, design, financing, and development planning, with the intent to construct, lease up, and stabilize the project as a long term multifamily asset.

    The structure allows:

    • The landowner to retain the 2.1 million valuation as contributed equity

    • Ownership in the completed, cash flowing multifamily development upon stabilization

    • Participation in long term upside as the project is built and operated

    Instead of selling raw land at a discount, the landowner is positioned to participate in the value creation of the finished asset.

  • An apartment owner was facing foreclosure in less than 60 days.

    Instead of losing the property and walking away with nothing, we structured a recapitalization that:

    • Paid off immediate obligations

    • Ensured the broker was paid

    • Allowed the owner to retain an ownership percentage in the new partnership

    The alternative was foreclosure, unpaid commissions, and additional debt exposure.

  • We purchased a value add apartment complex through a conventional transaction and offered the seller the opportunity to stay invested in the repositioning.

    The seller chose a quick close and netted approximately $600,000 in cash.

    Had they remained in the deal, projections showed they would have received over 1 million dollars tax free within 12 months through refinance proceeds while retaining long term ownership.

    We provide options. Sellers choose what aligns with their goals.