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
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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
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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
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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
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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.
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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.
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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.
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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.