We Know Exactly What
We Are Looking For

Our Buy Box reflects our experience. It helps us avoid wasted time and focus on the kinds of buildings where we have consistently outperformed.

We Know Exactly What
We Are Looking For

Our Buy Box reflects our experience. It helps us avoid wasted time and focus on the kinds of buildings where we have consistently outperformed.

We Know Exactly What
We Are Looking For

Our Buy Box reflects our experience. It helps us avoid wasted time and focus on the kinds of buildings where we have consistently outperformed.

ONCE WE CLOSE, WE DON'T HAND IT OFF

Seasoned Operators In A Unique Market

Our team takes over leasing, tenant relations, city compliance, and building improvements.

Attribute

Typical Range

Why It Matters

Units

40-50 (10-200 range)

Enough scale for real upside, small enough

to stay off institutional radar

Enough scale for real upside, small enough to stay off institutional radar

Construction Year

No restrictions

Our multiple strategies are applicable
to any unit count

Our multiple strategies are applicable to any unit count

Rent Roll

5-30% below market

Creates upside regardless of rent growth
or market timing

Creates upside regardless of rent growth or market timing

Submarkets

SF Bay Area (all 9 counties)

SF Bay Area
(all 9 counties)

SF Bay Area (all 9 counties)

Knowledge and experience with rent

control gives us an edge to add value

Knowledge and experience with rent control gives us an edge to add value

Condition

Deferred maintenance, dated interiors,

non-renovated common areas

Deferred maintenance, dated interiors, non-renovated common areas

Cosmetic or manageable Capital expenditures.
Structural issues only with deep research.

Cosmetic or manageable Capital expenditures. Structural issues only with deep research.

Complexity

Renovations, legalizing space, problems that we

have experience and expertise to solve.

Renovations, legalizing space, problems that we have experience and expertise to solve.

Our operating team thrives
where others walk away

IN MARKET & REVIEWING NEW DEALS EVERY WEEK

IN MARKET & REVIEWING NEW DEALS
EVERY WEEK

Actionable Deals

We’re ready to move. If a building fits our criteria
and we can underwrite it to a clear NOI lift.

100+ Assets

Within the past year

20+ Brokers

Ongoing local conversations

$2M–$20M

Pipeline active deals

Sharp Analysis

Focused on rent and legal upside

Focused on rent
and legal upside

Hayes Valley

Multiple Income Streams. Positive Cash Flow on Day one. Many value add opportunities

Multiple Income Streams.
Positive Cash Flow on Day one.
Many value add opportunities

Multiple Income Streams. Positive Cash Flow
on Day one. Many value add opportunities

Chinatown

Chinatown asset with below-market rents and major retail upside

Chinatown asset with below-market rents
and major retail upside

Van Ness

Classic facade, prime corridor, ripe for unit modernization and value-add

Nob Hill

Premium corner location with potential for shared housing model expansion

Premium corner location with potential
for shared housing model expansion

Marin County

Marin County. Suburban value play with stable tenants and operational lift opportunity

Oakland Live-Work

Industrial-to-residential repositioning with historic charm, exempt from rent control

The Haight

Iconic Lower Haight corner with mixed-use upside and street-level vitality

Iconic Lower Haight corner with mixed-use
upside and street-level vitality

OUR TRACK RECORD

Recent Deals

Check out some examples below

270–272 Divisadero St

7 units, 38% below market, prime location

7 units, 38% below market,
prime location

Plan to increase commercial income, make improvements, and implement pass throughs

800 Capitol St

12 units, beautiful historic building

12 units, beautiful
historic building

Has cash flowed from Day 1. Solano County. Rents up 20% in 18 months

Has cash flowed from Day 1.
Solano County.
Rents up 20% in 18 months

1000 8th St, Novato

has seen 4% rent growth for 4 years

has seen 4% rent
growth for 4 years

Conversion of Retail to Live-Work will double income

Conversion of Retail to Live-Work
will double income

257 S Van Ness Ave

3 units mixed use

Premium corner location with potential for shared housing model expansion

3027 Capp Street

Just sold for large gain in Oakland

Just sold for large
gain in Oakland

We have made many successful investments in Oakland and the East Bay. 20+ IRR over 12 years

We have made many successful investments
in Oakland and the East Bay.
20+ IRR over 12 years

FOR LPS & CAPITAL PARTNERS

Investor Buy Box

Here’s what to expect from the types of deals we pursue

Here’s what to expect from the types of deals
we pursue

$250K-$500k

Typical entry per unit

$3M-$20M

Total deal size

20–40% Below

Rent roll vs. market

3–7 Years

Target hold period

What We Are Looking At Now?

A portfolio of 300 units with solid upside

We Know Exactly WhatWe Are Looking For

Our Buy Box reflects our experience. It helps us avoid wasted time and focus on the kinds of buildings where we have consistently outperformed.

We Know Exactly WhatWe Are Looking For

Our Buy Box reflects our experience. It helps us avoid wasted time and focus on the kinds of buildings where we have consistently outperformed.

We Know Exactly WhatWe Are Looking For

Our Buy Box reflects our experience. It helps us avoid wasted time and focus on the kinds of buildings where we have consistently outperformed.

ONCE WE CLOSE, WE DON'T HAND IT OFF

ONCE WE CLOSE, WE DON'T HAND IT OFF

Seasoned Operators In A Unique Market

Seasoned Operators In A Unique Market

Seasoned Operators In A Unique Market

IN MARKET & REVIEWING NEW DEALS EVERY WEEK

IN MARKET & REVIEWING NEW DEALSEVERY WEEK

Actionable Deals

Actionable Deals