Westview acquires well-built and well-located institutional quality multifamily assets in supply constrained markets underpinned by favorable economic and demographic trends.
Our team members are skilled thematic investment professionals having acquired $6+ billion of assets and over 30,000 of multifamily units. Westview’s private capital allows for creative structures, buyer-seller solutions, and favorable terms with our intent to buy and hold assets long term.
Core Plus
- Basis plays and light cosmetic renovations.
- IRR: 10% 13%+
- YOC: 4.5% 6.0%+
- CoC: Positive Leverage within 12 months
- Vintage: 2005 or newer
Value Add
- Repositioning and adaptive reuse opportunities.
- IRR: 12% 17%+
- YOC: 5.5% to 6.5%
- CoC: Positive Leverage within 24 months
- Vintage: 1990 to 2010
Opportunistic
- Unfinished developments, note acquisitions, deed in lieu foreclosures, foreclosures, restructurings, distressed assets, and receiverships.
- IRR: 17%+
- YOC: 6.5%+
- CoC: Positive Leverage within 24 months
- Vintage: 1980’s or newer