The Stoneweg US investment approach targets challenging assets located in high-growth areas and creates significant value through a combination of repositioning, value-add, and performance improvements. Whether orchestrating unit renovations, building a new clubhouse, or optimizing operations, our team is creative and meticulous in finding ways to add value both to our residents and to the bottom line for our investors.
Stoneweg US takes a hands-on approach to investment management. We add substantial value by partnering with top-tier management companies and combining them with our own comprehensive asset management platform. Using innovative reporting software, we track a broad range of metrics, giving us practical insight into our portfolio and allowing us to quickly react to changing conditions in a given market.
At Stoneweg US, we invest our capital alongside our partners’ capital in a disciplined and thoughtful way. We build meaningful partnerships with our investors through our results-oriented decision making, industry experience, and commitment to transparency, creating value for all parties involved.
Acquired: August 2019
Despite not being the highest bidder, Stoneweg US was awarded the deal due to our proven track record and ability to close quickly.
We implemented a $3.8 million capital improvement plan emphasizing unit upgrades, exterior renovations, and common area amenities improvements. The goal of the value-add upgrades was to enhance the overall look and feel of the property.
The property is in an excellent location with strong growth, and we believe the rents at acquisition were below market, giving Stoneweg US the opportunity to reposition the property to achieve market rents.