When investing in existing properties, HighBridge Properties acquires multifamily assets that it can renovate and/or reposition in order to create value and enhance the on-site living experience of property residents.

We target properties in markets and submarkets that have favorable historical and/or forecast supply/demand fundamentals, including high barriers to entry, regulatory and geographic supply constraints, and strong population, household and personal-income growth.

Often seeing investment potential when others may not, we identify properties that can be upgraded through capital-investment programs ranging from minor building/unit  improvements to complete asset rehabilitations. 

The result? For residents, better living units, improved common areas and a full suite of on-site amenities. For us and our equity partners, a more competitive and valuable asset. 

Our current investment criteria are outlined below.

"A disposition strategy is just as important as a sound investment philosophy.   We always check the exits before committing investment capital and resources."

Conventional Multifamily Properties

Assets: Well-located garden-style and mid-rise rental apartment properties that may be underperforming due to market-related occupancy problems and/or may require renovating and upgrading to improve market position and asset value.

Markets: Primary and secondary metropolitan areas in the western U.S.

Target Property Size: $2 million to $20 million in asset value.

Off-Campus Student Housing

 

Assets: Student-oriented housing located within a mile from the academic core.  Acquisitions will include properties that require renovations, new branding, and leasing and management repositioning. 

Markets:  College or university towns in the midwest and western U.S. where total enrollments exceed 8,000 students.

Target Property Size: $2 million to $20 million in asset value.

Developable Land Opportunities

Target Developments: Conventional multifamily and off-campus student housing.

Markets:  College or university towns throughout the U.S. with school enrollments greater than 10,000 students.

Target Property Size:  Sites that will yield 50 to 200 units.