Strategies
Alvista Bowie, Bowie, MD, Value-Added, 348 units
Value-Added
We acquire, renovate and reposition urban and suburban multifamily rental properties in infill and/or higher barrier-to-entry markets.
We generally seek larger properties with some degree of under-management, deferred maintenance and/or a capacity to renovate or upgrade units, common areas and amenities to seek to achieve rent growth and increase value.
Alvista Trailside, Englewood, CO, Value-Added, 312 units
Affordable Housing
We acquire/develop and rehabilitate urban and suburban multifamily rental properties for low and moderate income residents. Properties may have income or rent restrictions on some or all of the units or are affordable but are unsubsidized by any federal program.
Prior and current acquisitions span most aspects of affordable housing development, capitalization, financing, ownership and operation including expired LIHTC properties, HUD subsidized properties (including Section 236, Section 202, and Project Based Section 8 properties) for preservation as LIHTC developments as well as with joint venture equity for cash returns, re-syndicated HUD subsidized and other affordable properties, and managed rehabilitations and operations as both an investor and developer.
Property on Left: Alvista Rise, Jamaica (Queens), NY,
New Construction, 543 units
Property on Right: Alvista Towers, Jamaica (Queens), NY,
New Construction, 380 units
New Construction
We develop apartment communities in major metro markets that are typically mixed use, mixed income and/or affordable. The developments may be partially financed through various federal and local programs.
Geographic Diversity
Focus on urban/suburban, higher barrier-to-entry and/or infill markets in the United States targeting the following areas of the east coast, west coast and central regions.
Note: Acquisitions may include other geographic areas outside of the blue coloring.
Environmental, Social and
Governance (ESG)
Efforts
We strive to incorporate ESG initiatives at many of our properties, provided it is feasible and results in cost savings or improves the quality of life for residents at the properties. The general focus is on four categories.
- 1). Environmental Impact
- 2). Quality of Life Impact
- 3). Technological Impact
- 4). Social Services