Investment Criteria

CITADEL REAL ESTATE GROUP invests in stabilized and value-add apartment properties of 150+ units in size and repositions them by adding capital improvements, reducing expenses by creating operational efficiencies through the implementation of institutionalized property management and in some cases re-branding a community to attract new residents. Citadel targets to sell or refinance (cash out – return investor principal investment) the community as a stabilized asset within three to seven years.

Acquisition Criteria

  • Property Type

    Multifamily - Garden Style Apartments / Urban core

  • Asset Class

    A to C+ (Primary focus is Class B assets)

  • Location Quality

    A+ to C+

  • Property Size

    50 - 500 units; single asset or portfolios

  • Property Vintage

    1980’s or newer (or exceptional older properties)

  • Investment Structure

    All cash to seller; Loan assumptions on a case-by-case basis.

  • Value Plays

    Seeking stabilized assets with operational and physical repositioning opportunities.

Preferred Markets

  • Georgia
  • Texas
  • South Carolina
  • North Carolina
  • Florida
  • Tennessee
  • Missouri
  • Arizona
  • Colorado
  • Nevada
  • Virginia
  • Kentucky
  • Maryland
  • New York
  • Pennsylvania
  • New Jersey
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