We are opportunistic but disciplined investors. To date, we have focused mostly on multi-family apartment complexes that are considered workforce housing, based on age and/or condition. We take great pride in our investments and seek to systematically improve our properties and communities over time.
These properties generally range between 30 and 350 units, were built in the 1960s to 1990s, and range in price between $2.0 million and $40.0 million. We often focus on secondary and tertiary markets where we can achieve debt-coverage ratios in excess of 1.5 to mitigate risks in an economic slowdown.
Camino Verde Group specializes in development or redevelopment, with a focus on projects that incorporate government incentives, in Opportunity Zones, or Historic, Abandoned Building, New Markets, Energy Saving or Low-Income Housing Tax Credits.
The Federal and local governments provide these financial incentives to improve specific neighborhoods or buildings. The vast majority of projects funded with these incentives are in inner cities or rural areas.
CVG’s principals have a track record structuring these incentives into the financing of distinctive and valued projects in housing, hospitality, retail and technology. We believe that great design incorporates patterns of living within a community and should enhance the lives of community members and stakeholders. CVG’s in-house expertise in deal sourcing and execution, as well as project and construction management, provides the foundation for success.
We seek to provide the best value in class within the respective micro-markets for each of our properties. We focus on safety, comfort, and value for our residents, through fostering a sense of community, and with timely responses to service and repair requests.
By providing a best-in-class experience to our residents while keeping rents within market ranges, we expect to enjoy best-in-class occupancy rates, quality rent rolls, and lower-than-average turnover and delinquency.
We seek to balance ongoing re-investment in our properties with providing quarterly cash flow to our investors. By keeping our assets in good condition, we help assure the sustainability of the cash flows and optimize appreciation potential.
At this time we are only accepting investments from accredited investors. To obtain information on new offerings and begin the conversation about possibly partnering with us on a future deal, please reach out to us using the form on the next page. We look forward to hearing from you.