FOUNDATION INVESTMENTS
Experts in Single-Family and Multi-Family Properties
Foundation Investments specializes in acquiring and maximizing the value of both single-family and multi-family properties. With decades of industry experience, our team brings a wealth of knowledge and expertise to every investment opportunity. Our Founding Principal has successfully closed over $1 billion in Low-Income Housing Tax Credit (LIHTC) equity, demonstrating our proficiency and reliability in the affordable housing sector. Our extensive portfolio includes more than 100 apartment properties, encompassing over 15,000 units nationwide. This track record reflects our commitment to excellence and our ability to deliver substantial value and returns to our investors. Through strategic acquisitions and effective management, we continually strive to enhance the performance and profitability of our real estate investments.
OUR Expertise
ACQUISITION
Our strategic acquisition process focuses on identifying and acquiring high-potential single-family and multi-family properties. We conduct thorough market analysis and due diligence to ensure each investment meets our rigorous standards for growth and profitability.
PROPERTY MANAGEMENT
We hire local third-party property management companies that provide efficient property management services designed to maintain optimal occupancy levels and ensure top performance. Their proactive approach includes regular maintenance, prompt response to tenant needs, and effective communication to foster a positive living environment.
ASSET MANAGEMENT
Our comprehensive asset management services are tailored to enhance the value and performance of each property. We implement targeted improvements, monitor market trends, and manage financial performance to maximize returns and sustain long-term growth.
INVESTMENT CONSULTATION
Our investment consultation services offer personalized guidance to help you achieve your financial goals through real estate. We work closely with you to understand your objectives and provide tailored advice, identifying the best opportunities to maximize your returns and build a successful investment portfolio.
AFFORDABLE HOUSING
We specialize in identifying and investing in affordable housing opportunities, such as LIHTC, Project-Based Section 8, and market rate properties with tenants on Section 8 vouchers. These investments not only provide robust returns but also play a vital role in supporting community development and stability.
Market-Rate Investments
Our diverse portfolio includes market-rate properties that offer steady cash flow and significant appreciation potential. By investing in these properties, we ensure a balanced and diversified investment strategy that maximizes returns and minimizes risk.
CASE STUDY
Harbor Heights Apartments
Harbor Heights Apartments is an affordable workforce-housing community located in the vibrant northern suburb of Shoreview, Minnesota. Priced below market rate, this community is designed to attract renters seeking quality housing at an affordable cost. At $51.5 million and comprising 262 units, Harbor Heights is the largest development undertaken by Foundation Investments to date. The project was a remarkable success, with construction completed more than two months ahead of schedule and leasing finalized a full 14 months ahead of projections. Key highlights of Harbor Heights include:
- The first community in the workforce housing category for Foundation Investments.
- Opened at approximately 95% occupancy in April 2022.
- Offers a variety of floor plans, from alcove to three-bedroom apartments.
- Achieved an impressive leasing rate, averaging 57 new leases per month for the four months leading up to the opening, including up to 25 leases in a single week.
Harbor Heights Apartments stands as a testament to Foundation Investments’ commitment to delivering high-quality, affordable housing while exceeding expectations in project execution and leasing success.
