Portfolio

The Enclave

Acquisition of a 90-unit apartment community. Polaris acquired the property in June 2023 and will update the property and its units. Polaris purchased the property all cash.

The Hunt Club

Acquisition of a 384-unit apartment community. Polaris acquired the property in August 2022 and will update the property and its units. Financing is provided by Berkadia.

Balcones Club

Acquisition of a 312 unit multifamily property. Polaris acquired the property in March 2022 and will update the property and its units. Financing provided by BrightSpire.

Sylvan Thirty

Acquisition of a 201 unit multifamily property. Polaris acquired the property in January 2022 and will update the property and its units. Financing provided by BrightSpire.

North Star

Acquisition of a 624 unit apartment community. Polaris acquired the property in July 2021 and will update the property and its units. Financing provided by Colony.

Woodstone

Acquisition of a 120 unit apartment community. Polaris acquired the property in June 2021 and will update the property and its units. Financing provided by Rialto.

The Reserve

Acquisition of a 122 unit apartment community. Polaris acquired the property in June 2021 and will update the property and its units. Financing provided by Rialto.

Regal Crossing

Acquisition of a 384 unit apartment community. Polaris acquired the property in December 2020 and will update the property and its units. Financing provided by Berkadia.

Cadence

Acquisition and repositioning of a 156 unit apartment community. Polaris acquired the property in April 2019 and will upgrade the property and its units. Financed via a fixed rate loan with a construction draw.

Riviera

Acquisition of a 244 unit apartment community. Polaris acquired the property in March 2019 and will add revenue-generating amenities to increase income. Financed via a fixed rate loan with a construction draw.

Forest Hills

Acquisition of a 240 unit apartment community. Polaris acquired the property in March 2019 and will upgrade units and resident amenities to increase income. Financed via a fixed rate loan with a construction draw.

Luna

Acquisition of a 300 unit multifamily community. Polaris acquired the property in September 2018 and will upgrade units to capture rental upside while adding select tenant amenities. Financed with a construction bridge loan.

The Watermark

Acquisition of a 216 unit multifamily community. Polaris acquired the property in April 2018 and have implemented a property-wide upgrade program, including all units and new tenant amenities. Financed with a construction bridge loan.

The Harrison

Acquisition of a stabilized 192 unit multifamily community. The principals acquired the property in November 2017 and have implemented a unit-level upgrade program to capture higher rents. Financed with a fixed rate HUD loan.

Heatherton Estates

Acquisition of a 256 unit multifamily community. The principals acquired the property in April 2017, and are upgrading units to capture market rent levels. Existing FNMA financing assumed.

Pacifica

Acquisition and repositioning of a 480 unit multifamily community. The principals acquired the property in May 2016 and are significantly upgrading it and stabilizing rents at market rates. Financing provided by FNMA.