Acquisition Criteria

• Multifamily: 40–400 units

• Mixed-use development with significant residential component

• Hotel acquisitions (value-add) and hotel developments (select markets)

Core urban and second-ring neighborhoods across:

• Southern California (Greater Los Angeles, Orange County, San Diego County)

• San Francisco Bay Area

• Pacific Northwest (Seattle Metro, Portland Metro, Eugene, Bend, Salem, Spokane)

• Stabilized or lightly distressed assets with repositioning upside

• Development sites in high-barrier markets with entitlements or path-to-approval

• $5M–$45M total capitalization

• In-place yield or clear levers to create outsized value

• Undermanaged or overlooked assets in desirable submarkets

• Opportunities with density upside, underbuilt land, or favorable zoning overlays

• Sellers open to creative structuring (JV, seller carry, etc.)

• Buildings with soul and potential—character-driven architecture, walkable locations, or community relevance

We’re a nimble, founder-led team with deep experience in design, development, and operations. We offer fast feedback, honest underwriting, and clear decision-making.