Investment Approach
Investment Criteria
Summit seeks value-add investments in 50 to 200+ unit apartment communities within markets whose local economies exhibit strong population, job, and apartment demand traits. We seek attractive risk-adjusted returns in the form of current cash flow and capital appreciation.
Size
50 – 200+ Units
quality
"B" class properties
price
$10-100 Million
location
Strong secondary markets in the U.S.
summit's strategic fit
We invest in assets that enable Summit to create value through the execution of management, lease-up, rehabilitation, and/or repositioning strategies.
summit equity investment
Our Process
Step 1:
Identify
Using our 5-point list of investment criteria, we identify cities, submarkets, and apartment communities in which we can best deploy our value-add strategy.
Step 2:
Implement
Acquire and reposition assets through a combination of renovating units, exteriors, amenity enhancements, and professional management.
Step 3:
Harvest
Monetize investment at the appropriate time based on an asset's improved performance, as well as apartment and capital market conditions.
