Light Value Add

Light Value Add investments sit between Core Plus and Value Add.

They are considered a sweet spot in a portfolio – near or in Core locations, often with significant upside once management and other operational efficiencies are applied, along with rehabilitation & renovation work. 

The risk profile of Light Value Add investments is considered moderate.  

Moderate Risk

Properties in need of Rehabilitation, Renovation or Efficient Management

Moderate Returns

Average 15% to 18% Returns

Multifamily

Bonsall Breeze

San Diego Metro

40-unit Apartment Complex

acquired 2014

Investor IRR Estimate: 16%+

Hospitality

Water’s Edge RV Park & Resort

Grand Lake o’ the Cherokees, OK

89 RV Sites, 10 Cabins

partnership exited in 2021

Investor IRR : 14%

Multifamily

Drift PB

Pacific Beach, San Diego CA

24 Units; Full Renovation Planned

acquired 2021

Investor IRR estimate: 16%