Let’s Get Down
To Business

Our Investment Philosophy

Our team has deep expertise in acquisitions, property management, conducting due diligence, evaluating and underwriting credit, sizing and pricing risk, and delivering workout strategies on distressed assets. We have been through several economic cycles while investing in assets and have learned several things:

Don’t ever overpay
for an asset just to be “in the game”

Due diligence upfront is key

Only work with trusted partners

Be disciplined in the execution of your strategy but stay flexible to handle curve-balls

There will always be unforeseen surprises on both the up and downside

Be honest with yourself about the cost to renovate or build

Don’t overestimate your ability to affect outcomes where you don’t control the circumstances

Investment Critera

  • Multifamily and mixed-use properties

  • Core thru opportunistic strategies

  • At least 65% of the units are Free Market

  • Acquisition price $5mm to $100mm

  • Properties with 8-100+ units

  • Close to public transportation

  • Five to ten-year hold period, depending on the strategy

Investment Process

Given lessons learned over 20+ years, the firm strives to apply an institutional-style investment process that focuses on:

Integrity, Discipline, and Accountability

Robust Risk Management

Transparency and detailed Investor Reporting

Active Property Management

Comprehensive Due Diligence across all facets of an Acquisition

Real Estate Investment Strategies

Core, Core Plus, Value-Add and Opportunistic are terms used to define the risk and return characteristics of a real estate investment. At Five Boro, we offer our investors the opportunity to participate in a wide range of multifamily investments. These offerings provide potential investors with a variety of projects, each with a unique story and an expected return that is commensurate with its level of risk. Understanding the differences between deal characteristics will help the investor select a project that aligns with their investment timeline, appetite for risk and expected return.

CORE INVESTMENTS

  • Low-maintenance rental properties

  • Offer stable cash flow with some growth

  • Low risk

  • Moderate returns 7-10%

  • Long-term time frame

CORE+ INVESTMENTS

  • Moderate-maintenance rental properties

  • Offer strong cash flow and solid growth

  • Low to moderate risk

  • Moderate returns 8-12%

  • Long-term time frame

VALUE-ADD INVESTMENTS

  • Renovation projects with transformation potential

  • Offer solid growth and stable cash flow

  • Reposition asset

  • Focused on improving property management

  • Moderate risk

  • Moderate to high returns 10-15%

  • Short-term to mid-term time frame

OPPORTUNISTIC INVESTMENTS

  • Ground-up property developments

  • Offer strong growth plus solid cash flows

  • High risk

  • High returns 20+%

  • Mid-term to long-term time frame