Acquisition

EIC’s investment strategy is to acquire apartment communities in growth markets across the U.S. and create value through intensive asset management. We are actively pursuing acquisitions ranging from $2MM to 50MM. our team can react quickly and efficiently to complicated transactions. Over the past years, we have acquired and managed with our partners, apartment projects consisting of 5,000 units.

Criteria

Our investment strategy includes but is not limited to the following:

• Assets in opportunistic, performing and stable markets throughout the United States.
• Assets in which we believe we will generate sustainable and accretive cash flow
• Acquiring over leveraged assets where owners are struggling to meet current debt service obligations
• Acquiring assets where owners are financial institutions or economic compulsion to sell.

Size

Class B/C properties or other quality levels will be considered

• $2M-$50M
• 1970’s and Newer
• Properties requiring cosmetic or substantial rehab add value
• Financing will be in the form of new financing or assumption of existing debt.
• Cap rate Determined on a case-by-case basis.