Strategy

 
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At the core of this strategy is the ability to acquire, renovate, populate and manage clusters of hundreds of residential units comprised of single assets
(single-family residential, SFR).

 
 

These assets present high-yielding, unfulfilled potential created by the latest real estate crisis in the United States – a market that still suffers from a lack of opportunity in the multi-family sector.
GNR Group’s unique advantage is its ability to gather housing clusters comprised of single-family units located in close proximity to Philadelphia’s downtown area.
Acquiring these properties at prices that are significantly lower than their market value all but guarantees our fund's success.
These assets, accumulated over the last several years, are already stabilized and occupied by tenants who receive subsidized housing support from the federal government.
The combined federal and tenant rents are typically above market and produce double-digit yields which support the fund’s unique ‘Single-to-Multi’ business model.

Investment Strategy

  •  Acquire and assemble a portfolio of distressed, single-family assets at prices significantly below market value, as either single units or in clustersThese assets represent the opportunity presented by a segment of the real estate market still recovering from sub-prime mortgage crisis.
    Reposition these assets over a one year period by completely redeveloping each asset prior to re-releasing into the Philadelphia rental market.

  • Receive funding from financial institutions to leverage the portfolio and thereby maximize its performance.

  • Market these assets for rent to government-subsidized tenants (S8, HUD), thereby drastically reducing risk and achieving rents that are higher than market rates.