Apartment Acquisition
Acquisition
Strategy
Vanguard Real Estate Group specializes in acquiring high-quality,income-producing properties as well as in transforming properties that have not achieved their full performance potential. While we are nationwide in scope, we focus primarily on carefully selected geographical areas in Southeast Michigan where market conditions have proven most favorable and where our unique management resources can be best utilized. Our well-respected analysis and evaluation of prospective property acquisitions determine the extent and nature of any needed upgrading and maintenance, as well as operating changes required to achieve the maximum income potential of the property.
Repositioning
Strategy
Vanguard Real Estate Group specializes in recasting properties to meet market demand and enhance returns. We have reestablished once-troubled properties into profitable assets through agile management, construction completion, capital and tenant improvements, and innovative marketing and leasing techniques with a focus on adding value to the rent roll and overall property brand. The end objective is to turn value-added assets into core assets.
Acquisition
Criteria
- Property Type: Low Rise or Garden Style Apartments
- Asset Class: B to C class
- Location Quality: A+ to C+
- Property Size: 12+ units; single asset or portfolios
- Pricing: $1.0M to $5M+
- Occupancy: 75% - market occupancy
- Acquisition Type: Stabilized and distressed
- Property Vintage: 1960+
