Why San Francisco Wins
This is not a turnaround play. It's a discounted entry into the nation’s most proven rent growth market.
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Why San Francisco Wins
This is not a turnaround play. It's a discounted entry into the nation’s most proven rent growth market.
Contact Us
Why San Francisco Wins
This is not a turnaround play. It's a discounted entry into the nation’s most proven rent growth market.
Contact Us
SF HAS ALWAYS BEEEN A HARD PLACE TO INVEST - THAT'S THE POINT
SF HAS ALWAYS BEEEN A HARD PLACE TO INVEST - THAT'S THE POINT
The Market Others Avoid - For The Wrong Reasons
The Market Others Avoid - For The Wrong Reasons
The Market Others Avoid - For The Wrong Reasons
Rent control, permitting, tenant protections, and erratic politics, keeps capital away
Rent control, permitting, tenant protections, and erratic politics, keeps capital away
Rent control, permitting, tenant protections, and erratic politics, keeps capital away
But behind the headlines is one
of the strongest multi-family
markets in the country.
But behind the headlines is one
of the strongest multi-family
markets in the country.
Trading at rare discounts:
Trading at rare discounts:
APARTMENT PRICING IS STILL BELOW PEAK
30-50%
30-50%
30-50%
SUPPLY IS LIMITED; NEW CONSTRUCTION AT A
Standstill
Standstill
Standstill
MANY BUILDINGS RENTS BELOW MARKET
20%-40%
20%-40%
20%-40%
TECH & AI JOB GROWTH IS REBOUNDING
SF dominates tech
SF dominates tech
SF dominates tech
If you’ve been waiting to buy in SF, this is the moment.
And most groups aren’t equipped to do it.
If you’ve been waiting to buy in SF, this is the moment. And most groups aren’t equipped to do it.
If you’ve been waiting to buy in SF, this is the moment. And most groups aren’t equipped to do it.
The Number Back It Up
The Number Back It Up
Since 1956, SF rents have grown 6.6% annually (2.5% after inflation).
The city leads the country in rent growth and rebounds highest after each downturn.
We don’t bet on rebounds — we time them.
Since 1956, SF rents have grown 6.6% annually (2.5% after inflation).
The city leads the country in rent growth and rebounds highest after each downturn.
We don’t bet on rebounds — we time them.
WE DON'T AVOID RENT-CONTROLLED BUILDINGS - WE LOOK FOR THEM
WE DON'T AVOID RENT-CONTROLLED BUILDINGS - WE LOOK FOR THEM
Rent Control Isn't The Problem. It's The Mechhanism.
Rent Control Isn't The Problem. It's The Mechhanism.
Rent Control Isn't The Problem. It's The Mechhanism.
Rent control creates long-term stability and high upside on turnover.
Rent control creates long-term stability and high upside on turnover.
We buy buildings with below-market tenants in good neighborhoods, wait for turnover, and legally raise rents
while passing through capital improvement costs when allowed.
In most cities, you buy rents at the market.
In SF, you buy them low — and manage to the upside.
We buy buildings with below-market tenants in good neighborhoods, wait for turnover, and legally raise rents while passing through capital improvement costs when allowed.
In most cities, you buy rents at the market.
In SF, you buy them low — and manage to the upside.
NAVIGATING RENT LAWS, PERMITS, PASS-THROUGHS, POLITICS TAKES EXPERIENCE
NAVIGATING RENT LAWS, PERMITS, PASS-THROUGHS, POLITICS TAKES EXPERIENCE
Why Most Operators Can't Compete
Why Most Operators Can't Compete
Why Most Operators Can't Compete
We’ve been doing this since the ’90s — through many cycles.
We’ve been doing this since the ’90s — through many cycles.
We know the neighborhoods, the inspectors, and the timelines. That local edge means we can:
Spot value in buildings others overlook
Time buys at the bottom of the curve
Operate cleanly, legally, and with margin
We know the neighborhoods, the inspectors, and the timelines. That local edge means we can:
Spot value in buildings others overlook
Time buys at the bottom of the curve
Operate cleanly, legally, and with margin
View Track Record Page
This Is A Window, Not A Decade
This Is A Window, Not A Decade
This Is A Window,
Not A Decade
You don’t get to buy well-located, rent-controlled SF buildings
at this kind of discount forever. Rates may drop.
Tech demand is rising.
You don’t get to buy well-located, rent-controlled SF buildings at this kind of discount forever. Rates may drop. Tech demand is rising.
You don’t get to buy well-located, rent-controlled SF buildings at this kind of discount forever. Rates may drop. Tech demand is rising.