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Residential |
SENTRE Partners is an owner and operator of multi-family properties in San Diego.
Philosophy
- Invest where we live and work
- Use selective acquisition criteria
- Deliver on underwriting
- Use conservative leverage
- Focus on cash flow yield and stability
- Develop brand centered on community and lifestyle
- Personally invest in our deals
Strategy
- Aggregate portfolio of quality assets
- Focus on mid size unit niche:
- Less competition from "institutional" and/or smaller investors
- Buy to hold with focus on current & stable cash flow
- Produce consistent returns with conservative leverage
- Stay true to the fundamentals:
- Employment
- Education
- Access/Visibility
- Supply Constrained
- Submarkets with prospects for rent growth and appreciation
- Leverage full service platform to create operational value
- Upgrade tenant experience to differentiate from competition:
- Curb appeal
- Higher quality unit turns
- Strong onsite presence
- Technology
- Amenities
Investment Criteria
| LOCATION | San Diego County Class B/B+ |
| SIZE ($) | $5M – $20M |
| SIZE (UNITS) | 25 – 150 |
| LEVERAGE | Typically 65 – 70% LTV Non Recourse |
| AGE | Mid to Late 1970's |
| TYPE | Class B Garden Style Stable with Value Add Potential |
| HOLDING PERIOD | Typically 7 – 10 Years |
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