OUR STRATEGY
The team at URS Capital Partners works diligently to generate attractive returns while always being sensitive to our investors’ risk tolerance and ultimately, their personal goals.
URS Capital Partners has taken a top down approach to investing in real estate. We take the time to intimately understand the strategic markets that we and our partners ultimately choose to invest in.
Our focus is Class C and B multifamily properties that are well located within their respective market and represent a compelling value add component that can be clearly quantified at time of acquisition.
URS does not follow the ‘gold rush’ of the crowd flocking to Opportunity Zone projects but analyzes the underlying fundamentals of any potential deal. By leveraging established relationships, URS finds unique, truly viable projects with the substantial tax advantages as an additional benefit.
The markets that we invest in demonstrate both positive economic and real estate fundamentals; including a strong population base, diverse employer base, and an aggressive local government that fosters economic growth and healthy supply and demand for apartment rentals.
We believe that the combination of deliberate market selection, intense deal scrutiny, and aggressive execution of our business plan are essential to creating value and maximizing each investment’s potential.
VALUE ADD
Due Diligence: Leave No Stone Uncovered Mentality
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KNOW THE ASSET: Full unit inspections, mechanical and appliance audit, roof assessments, line scoping of all sewer lines, electrical and plumbing assessment in addition to a review of all other major capital items.
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KNOW THE OCCUPANTS: Comprehensive lease audit, demographic/income reports, occupancy/delinquency review, historical issues review, concessions etc
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KNOW THE NUMBERS: Verify rental income, other income, review all property related contracts and expenses.
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KNOW THE COMPETITORS: Thorough analysis of the competitors in the immediate submarket. Physically tour the comps and assess how the subject compares and how we can maximize its potential in the market.
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KNOW THE BUSINESS PLAN: Prior to closing we have an established capital budget and operations plan in place to implement upon takeover.
The opportunity to create value in the assets that URS targets is often derived from distressed sellers, inappropriate capital structures, significant capital needs and/or poor management resulting in underperformance in rent growth and operations.
HOW WE DO IT
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ACQUIRE ASSETS AT DISCOUNT TO REPLACEMENT COST
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ESTABLISH A DETAILED SCOPE OF WORK AND BUSINESS PLAN PRIOR TO ACQUISITION
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RENOVATE AGING PROPERTIES IN WELL-LOCATED SUBURBS
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REPOSITION UNDERPERFORMING PROPERTIES TO REALIZE TOP EFFECTIVE RENT IN THEIR LOCAL MARKETS
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AGGRESSIVE HANDS-ON MANAGEMENT OF ASSETS TO ACHIEVE MAXIMUM NOI AND VALUE
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DETERMINE MULTIPLE EXIT STRATEGIES PRIOR TO ACQUISITON