Track Record
Electra Real Estate has displayed operational and financial expertise and leveraged economies of scale in its target markets.
The data below is correct as of Q3 2023.
Average Occupancy Rate
Property Managers Employed
Fund I
This fund has been fully realized.
Initial Closing in April 2017, Final Closing in February 2018
Acquired Assets
Realized Assets to Date
Current Assets
Housing Units
Fund II
Initial Closing in June 2018, Final Closing in July 2019
Acquired Assets
Realized Assets to Date
Current Assets
Housing Units
Fund III
Initial Closing in December 2019, Final Closing in July 2021
Current Assets
Housing Units
Fund IV
Initial Closing in May 2022
Current Assets
Housing Units
Featured Multifamily Assets in the Sunbelt
The high in-migration to the U.S. Sunbelt can be attributed to the many advantages of this southern region, including:
- milder winters and more sun exposure
- larger living spaces with lower cost of living
- low to no state income taxes and low property taxes
- business friendly environment and diverse range of economic industries
The rise in the number of people working remotely since 2019 due to the pandemic has contributed to in-migration. Since 2010, the population growth in Sunbelt states has surpassed 5%, with Florida and Texas experiencing more than 10% growth. This growth as led to a compelling housing supply-demand imbalance and total return outperformance.
Some of our multifamily assets in the Sunbelt are featured below.
Some of our multifamily assets in the Sunbelt are featured below.
Investment Strategy
With over 30 years of experience as an owner-operator specializing in multifamily acquisition, repositioning, and property management, Electra America Multifamily’s four pillared investment strategy has been tested and proven.
SOURCE
Highly Focused
- Target specific high growth markets and specialize in a single property type
- Have sourced 70%+ deals off market or through special situations
- Win deals due to longstanding presence and deep relationships in our markets that allow for speed and certainty of close
UNDERWRITE
Comprehensive Due Diligence
- Extensive local knowledge with boots on the ground in each market
- Audit 100% of leases and walk through 100% of units
- Collaborate and ensure buy-in across Investment, Construction/Design, Finance, and Operations teams to ensure accurate and detailed underwriting
RENOVATE
Proprietary Process
- Renovate 100% units with residents in place (no cash flow interruption)
- Complete renovations on time and on budget
- Focus on reducing consumption and cost with energy, water, and waste efficient installations
OPERATE
Hands-on Property Management
- Own and control all operational aspects of the property
- Manage all AND only American Landmark properties
- Prioritize resident satisfaction and high-quality service with programs such as Landmark 360 and Artist in Residency