Investment Strategy
Value-add Apartment Investing
LMC’s value-add strategy is based on determining submarkets in Los Angeles County and its surrounding communities with strong growth potential, underwriting pragmatically, and identifying dislocations in the market. This enables us to take advantage of market inefficiencies and generate asset appreciation and consistent cash flows for our investors.
LMC specializes in Class B and B+ buildings that will benefit from our value-add strategy of renovating units, improving common and amenity space, and addressing deferred maintenance needs.
Key Value-Add Investment Characteristics:
- 5 to 30 units
- $2 to $20 M transaction size
- Strong submarket fundamentals
Apartment Development
LMC focuses on aggregating properties and developing apartments where density can be increased. This typically involves the aggregation of adjacent single-family homes and developing apartments, townhomes, or condominiums. LMC focuses on identifying properties in supply constrained submarkets where there is a sufficient return premium to build versus acquiring existing assets.