Real Estate Private Equity
Prospect primarily invests in high-yielding class B and class C multifamily properties located in secondary and tertiary U.S. markets exhibiting strong demand drivers. We acquire properties with value-add potential through post-closing capital improvements and operating expense efficiencies. Our investment team manages the transaction lifecycle, which includes a rigorous screening process, careful underwriting, negotiation of purchase terms and conditions, asset and portfolio management, and disposition.
Our focus on current yield results in attractive risk-adjusted total returns by producing a higher percentage of total return through on-going cash flow.
Prospect makes majority, control equity investments alongside established local property managers who make minority equity investments.