Investment Criteria
Our long history in investing in both distressed and mature real estate projects of widely ranging asset types gives us the capability to efficiently and quickly analyze, structure and complete our targeted investment assignments. Whether it is a stabilized apartment project, a distressed community in need of repositioning or a portfolio of assets in multiple states, you will find our underwriting and investment committee capable and responsive.
Transaction Size
$40-$100MM per asset. Polaris acquires single assets or property portfolios. We can provide funding for transactions larger than $100MM in certain instances.
Property Types
Polaris’ principals have acquired nearly every property type. Our primary focus is currently multifamily properties. We are currently seeking apartment projects of at least 200 units in size, up to 500 units. We will consider multiple properties in close geographic proximity that are less than 200 units but combined are at least 250 units.
Geographic Focus
Polaris will acquire properties in secondary or tertiary markets. Polaris will consider multifamily assets in the central, southeastern and northeastern states.
Asset Type
We will consider assets built between 1980 and 2010, either stabilized or distressed. We will also consider properties that are in lease-up under certain circumstances.
Contact us for more opportunities.
Our Portfolio
Our long history in investing in both distressed and mature real estate projects of widely ranging asset types gives us the capability to efficiently and quickly analyze, structure and complete our targeted investment assignments.