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Long-Term Value

Our ongoing reinvestment in our assets ensures a quality experience for our residents and long-term asset value that can weather challenging economic times. Our capital reinvestment strategy has three distinctive phases of ownership and rehabilitation: The Acquisition Phase, Holding Phase, and Enhancement Phase.

The “Acquisition Phase” is the planning and implementation of the initial capital plan for newly acquired properties. Typically, this involves necessary maintenance deferred by the previous owner, or major rehabilitation projects to ensure the property has a competitive position in its target market.

Aliso Briar Forest

Houston, TX
Acquired September 2018
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The Overlook at Interquest

Colorado Springs, CO
Acquired February 2019
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Echo Apartments

Dallas, TX
Acquired April 2018
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The “Holding Phase” is our ongoing unit upgrade and asset maintenance strategy. These improvements aim to increase revenue, decrease maintenance costs, and improve asset values overall. Finally, the “Enhancement Phase” seeks to address a property’s current and long-term competitiveness in its market. In each phase, our goal is to enhance our residents’ living experience and ultimately increase property value

AFTER Card image cap Versante Apartment Homes, Avondale, AZ
BEFORE Card image cap Versante Apartment Homes, Avondale, AZ
AFTER The Reserve on Cave Creek, Phoenix, AZ
BEFORE The Reserve on Cave Creek, Phoenix, AZ
AFTER Waterford at Superstition Springs, Mesa, AZ
BEFORE Waterford at Superstition Springs, Mesa, AZ
AFTER Towne Square Apartment Homes, Chandler, AZ
BEFORE Towne Square Apartment Homes, Chandler, AZ
AFTER Stone Creek at Brookhaven, Atlanta, GA
BEFORE Stone Creek at Brookhaven, Atlanta, GA
AFTER Card image cap Sage Stone at Arrowhead, Glendale, AZ
BEFORE Card image cap Sage Stone at Arrowhead, Glendale, AZ
AFTER Chandler Park Apartments, Houston, TX
BEFORE Chandler Park Apartments, Houston, TX
AFTER Finisterra Luxury Apartments, Tucson, AZ
BEFORE Finisterra Luxury Apartments, Tucson, AZ

The extent of each phase is determined by need (ie. Roof and plumbing repairs) and demand (ie. amenities required to remain competitive in our markets). More and more, we have seen these two factors converge in conservation and sustainability initiatives, which have the additional benefit of limiting our company’s operating costs and carbon footprint. Visit our Sustainability page to learn more.