LURIN is an experienced real estate redevelopment company with a proven track record of identifying underperforming workforce and greyforce multifamily housing assets, improving performance and unlocking value through improved management and operations, physical redevelopment, debt refinancing and restructuring, and capital structure optimization.
LURIN’s proven investment approach to delivering outsized multifamily returns is achieved through its differentiated operating platform which provides full-lifecycle execution across acquisitions, asset management, operations, construction, supply chain solutions, technology innovation, and risk management.
100+ unit garden style, mid-rise, and Build-to-Rent (BTR) built after 1970
Florida, Texas, Alabama, Arkansas, and Louisiana – path-of-progress markets with strong fundamentals
Single assets, portfolios, and operating platform investments requiring $10 to $300M+ of equity
Redevelop depreciating properties, involving major renovations & management overhauls
Address challenged properties, with improvements in management and maintenance
Enhance newer vintage properties through upgrades to maintain market appeal
Institutional investment process strives to produce consistent, repeatable results that drives value for investors.
SOURCING & ACQUISITIONS CAPITAL MARKETS DUE DILIGENCE RISK MANAGEMENT ASSET MANAGEMENT REDEVELOPMENT PROPERTY MANAGEMENT MONETIZATION
Leverage top-down macroeconomic research and local market relationships across LURIN’s platforms to identify and originate compelling investment opportunities
Comprehensive bottom-up process with conservative modeling and disciplined risk mitigation focused on market and asset fundamentals and downside protection
Identify opportunities with attractive risk/reward and acquire assets at a discount to replacement cost and intrinsic value through a transformational redevelopment process
Manage complex debt and asset financing with a focus on flexibility and interest rate protection. Continually evaluate market environment and investment monetization opportunities
Design and implement upgrades balancing cost and greatest potential for rental increases
Execute a renovation and landscaping plan targeted to improve curb appeal and ensure asset preservation
Upgrade community amenities including leasing offices, work-out facilities, mail and package centers, club houses, outdoor pools and games, dog parks, etc.
Create value and minimize risk exposure through a clearly-defined strategy for operational improvement including increasing occupancy and executing development / re-development projects
Increasing occupancy and rental rates, resident retention, and durability of income
Controlling and reducing all components of resident operating costs
Establish and reinforce the competitive position of properties in their respective markets
LURIN is an experienced operating company with a proven track record of identifying and mitigating challenges inherent to the redevelopment and operations of workforce and greyforce housing.
