Acquisitions
Spaxel targets acquisitions that provide strong cash flow and opportunities for asset appreciation by improving physical real estate, deploying more efficient operating infrastructure and enhancing resident experience.
Spaxel’s acquisition team pursues three categories of investments:
- Ground-up development: developing new workforce and affordable housing
- Value Add cash flowing acquisitions: acquire and reposition older class B and C multi-family assets
- Core Plus cash flowing acquisitions: acquire and improve operations at newer Class A and B multi-family assets
Our team sources and identifies attractive opportunities in primary and secondary markets throughout the East Coast, Midwest, and Southwest. These efforts are built upon our strong network of owners, advisors and strategic partners in each of our target regions.
Property operations, comparables, demography, local environment and economies, capital markets as well as detailed business plans are underwritten for each transaction that we pursue and close.
