Portfolio
Carefully Curated Collection of Multifamily and other Real Estate Investments
LTL Multifamily II Track Record
$3.6b+
Transactional Value Since 2015
$2.15b+
Current Assets Under Management
18,200+
Units Owned / Managed
100+ Years
Combined Experience
| Transactions Property Name | State | Structure | Year Acquired | Units | Year Built | Class | Type | Acquisition Price/Costs | Acquisition/Unit | Year Sold | Sales Price | Sales Price/Unit | Project Level IRR% | Equity Multiple |
| Standard Portfolio [1] | Various | JV | 2010 | 9,200 | 1990~ | A/B | Multifamily | $450,000,000 | $48,913 | 2014 | $700,000,000 | $76,087 | 36% | 2.05 |
| Puenta Hills Mall [1] | California | JV | 2015 | 150 | 1974 | - | District Mall | $100,000,000 | 2024 | $156,000,000 | 35% | 2.03 | ||
| Birch Run Apartment Homes | Georgia | JV | 2017 | 198 | 1983 | B- | Suburban Garden | $18,570,000 | $93,788 | 2021 | $23,275,000 | 117,551 | 19% | 1.71 |
| Turtle Creek Apartment Homes | Florida | JV | 2017 | 232 | 1985 | B- | Suburban Garden | $22,730,000 | $97,974 | 2020 | $30,600,000 | 131,897 | 34% | 2.16 |
| Tara Hill Apartment Homes | Georgia | JV | 2018 | 132 | 1972 | C | Suburban Garden | $10,890,000 | $82,500 | 2022 | $13,000,000 | 98,485 | 9% | 1.29 |
| Flint River Apartment Homes | Georgia | JV | 2018 | 200 | 1973 | C | Suburban Garden | $15,750,000 | $78,750 | 2021 | $18,000,000 | 90,000 | 8% | 1.28 |
| Ashford Brook Apartment Homes | Georgia | JV | 2018 | 94 | 1981 | C+ | Suburban Garden | $9,100,500 | $96,814 | 2021 | $10,400,000 | 110,638 | 10% | 1.32 |
| Brookfield Park Apartment Homes | Georgia | JV | 2018 | 160 | 1973 | B- | Suburban Garden | $14,646,975 | $91,544 | 2021 | $16,600,000 | 103,750 | 12% | 1.37 |
| Ashland Lakeview | Georgia | JV | 2019 | 245 | 1970 | B | Suburban Garden | $22,187,974 | $90,438 | 2021 | $28,259,513 | 115,185 | 39% | 2.10 |
| Mountain Lake | Georgia | JV | 2019 | 295 | 1978 | B | Suburban Garden | $26,648,395 | $90,438 | 2021 | $33,940,487 | 115,185 | 39% | 2.10 |
| Bristol Creek Apartment Homes | Georgia | JV | 2019 | 169 | 1998 | B- | Suburban Garden | $20,517,000 | $121,402 | 2021 | $27,775,000 | 164,349 | 51% | 2.22 |
| The Reserve | Georgia | JV | 2019 | 252 | 1988 | B | Suburban Garden | $28,295,000 | $112,282 | 2021 | $36,775,000 | 145,933 | 37% | 1.78 |
| Grand Pavilion Apartments | Florida | JV | 2020 | 264 | 1984 | B+ | Suburban Garden | $37,700,000 | $142,803 | 2022 | $56,100,000 | 212,500 | 33% | 2.13 |
| Sub-Totals | Realized Totals | 11,591 | $777,035,844 | $1,150,725,000 | 34% | 2.01 | ||||||||
| Tierra Vida | Arizona | JV | 2021 | 200 | 2000 | A | Suburban Garden | $39,640,000 | $198,200 | |||||
| Perdido Isle Apartment Homes | Alabama | JV | 2021 | 128 | 2015 | A | Suburban Garden | $25,484,000 | $199,094 | |||||
| Evergreen at Aubrey's Landing | Georgia | JV | 2021 | 184 | 2002 | A | Suburban Garden | $56,310,000 | $306,033 | |||||
| Evergreen at Lost Mountain | Georgia | JV | 2021 | 206 | 2008 | A | Suburban Garden | $54,400,000 | $264,078 | |||||
| Evergreen at Magnolia Commons | Georgia | JV | 2021 | 194 | 2002 | A | Suburban Garden | $56,600,000 | $291,753 | |||||
| Royal Palms Apartment Homes | Louisiana | DST | 2022 | 125 | 2021 | A | Suburban Garden | $33,000,000 | $264,000 | |||||
| Sub-Totals | Unrealized Totals | 1,037 | $265,434,000 | |||||||||||
| Hilton Lake Las Vegas | Las Vegas | JV | 2015 | 350 | 2000 | 4 Star | Resort & Golf Course | $50,000,000 | $142,857 | |||||
| Affordable + Market Rent Apartment Portfolio [2] | California | JV | 2015 | 2,500 | 2000 | A- | Multifamily | $625,000,000 | ||||||
| Glendale Hilton | California | JV | 2016 | 2015 | 1997 | 4 Star | Hotel | $72,000,000 | $205,128 | |||||
| JW Marriot - Palm Desert | California | JV | 2017 | 884 | 1987 | 5 Star | Resort & Golf Course | $172,000,000 | $194,570 | |||||
| Land Development (700 unit apartment, 100 unit extended stay hotel, 150,000 sqft retail) | California | JV | 2017 | 800 | 2023 | A | Mixed-Use | $300,000,000 | $375,000 | |||||
| Waldorf Hotel + 5,000 sq.ft retail | Las Vegas | JV | 2018 | 396 | 2009 | 5 Star | Hotel & Retail | $210,000,000 | $530,303 | |||||
| LA Self Storage (Under Development) | California | JV | 2024 | 300 | 2024 | - | Self-Storage | $30,000,000 | $100,000 | |||||
| Sub-Totals | Unrealized Totals | 5,581 | $1,459,000,000 | |||||||||||
| Grand Total | Grand Total | 18,209 | $2,501,469,844 | $1,150,725,000 | 34.43% | 2.01 | ||||||||
[1] Rounded
[2] Estimates
[2] Estimates