Multifamily Investments

Everest’s multifamily platform is focused on investing in premier apartment communities throughout the Southwestern United States, with a focus on the Phoenix metro area. Everest pursues both value-add and income strategies. Asset characteristics like vintage, size, and renovation potential vary depending on strategy, but investments to date have included apartment communities and fractured condo projects in the 200 to 500-unit range built in the 1980s, 1990s and 2000s. The company also acquires loans secured by multifamily assets, particularly non-performing or under-performing loans. Everest capitalizes its investments either in joint ventures with institutional private equity partners, or with syndicated capital, depending on investment strategy. Everest’s multifamily team has over 100 years of combined experience in the management, development, acquisition, disposition and financing of real estate projects. Since 2010, Everest has acquired, renovated and sold over 1,200 multifamily units.