Vision
Granite Peak Equity sources stabilized, value-add apartment properties of 50+ units in size, located in stable sub-markets which are poised for growth. These properties are then aggressively repositioned to effect:
- Revenue maximization through targeted capital improvement
- Cost containment through the implementation of institutional asset & property management
Granite Peak Equity strategically targets exit from dramatically appreciated assets timed to coincide with an optimal position in the local market cycle. Participation window averages five to seven years.
Acquisition Criteria
Property Type: Garden Style and Mid-Rise Apartments
Asset Class: A+ to C+
Location Quality: A+ to C+
Property Size: 50+ units; single asset or portfolios
Pricing: $1M to $20M+
Property Vintage: 1978+
Acquisition Structure:
- All cash to seller
- Loan assumption on a case-by-case basis
Target Markets
Throughout the western United States with an emphasis on the below states:
