Equity Group Seeking Land for Future Rental SFR Developments.

Affordable Housing Fund arranges debt and equity for commercial real estate acquisition and construction projects. Our Clients are some of the most active “middle market” Operators in the country.

I’m sure you are finding capital markets becoming ultra conservative in their investment criteria given the uncertainty in the world today. An exception to this is an existing equity partner aggressively buying land for the future development of single family residences to target the rental market.

Investor Rationale for Land Acquisition.

Our investment partner(s) are well capitalized with $1B to be deployed primarily in the multifamily, student housing and senior housing space. However, due to the recent upheaval throughout all commercial real estate markets post COVID and the pre COVID demand for affordable housing we are seeing a changing strategy.

Going forward our Client will focus its resources on the acquisition of land parcels for the future development of micro single family residences to be offered as market rate rentals. The units will range from 900-1,200 sqft and target young professionals and “Baby Boomers” looking to downsize with no maintenance responsibility. Today’s economy doesn’t scare them as they estimate the entitlement process will take 9-12 months followed by horizontal development and delivery some 24-30 months away when presumably…the world will be a different place.

Investment Criteria for Parcels Being Sought.

 15-40 acres per transaction
 Investor will take responsibility/risk for entitling land for SFR development
 Locations may be anywhere in the country commutable to work hubs
 This investor is an all cash buyer
 Brokers will be protected

If you own land that meets the above criteria we’d like to talk with you. If you are a Broker hoping to get to a closing in these uncertain times, pick up the phone and find us land purchase opportunities.