We maintain flexibility and financial discipline to capitalize on market conditions and valuation trends while remaining conservative in our risk assessment. Performance during the recent downturn demonstrates our commitment to being strategic, rather than defensive.
Our deal flow is sourced through a combination of local and national strategic partnerships. Acquisition targets are typically distressed and value add assets requiring significant physical renovation in submarkets where new entitlements for development are difficult or infeasible; or assets needing operational repositioning in core locations where rent levels are at a significantly lower price point than new product.
R Communities are financially successful because they are the outcome of thoughtful market and product analysis, quality craftsmanship construction and thoughtful resident empowerment programs which enhance surrounding neighborhoods and increase underlying asset value.