On September 10, 2020 ApexOne Investment Partners introduced ApexOne Multfamily Special Situation Fund IV to the FLAIA community. The attendees were some of the first to see this presentation. The Fund IV stated objective was to capitalize on opportunities that might evolve during and after the COVID-19 pandemic. The focus of Fund IV was acquiring properties from distresses seller and purchasing assets in markets that were overbuilt but had a clear path to recovery.
On February 18, 2021 ApexOne Sponsored an event with FLAIA where we explored how we analyze markets in the post pandemic world to capitalize on demographic and housing trends. Using proprietary data compiled with Balfour Beatty Communities, this data driven approach to investing has played a key role in the success of Fund IV.
On September 30, 2021 ApexOne Investment Partners will provide the FLAIA community an update on ApexOne Multifamily Special Situation Fund IV and its objectives for the remainder of 2021. Fund IV has raised over $200M and will have acquired nine properties by September 30th and placed over $170M of equity in $800m of multifamily assets in less than seven months. It has two additional properties under contract.
In addition to the update on the success of Fund IV, ApexOne will also discuss their outlook for the multifamily and housing markets going into 2022. We will also discuss some of the potential impacts of the proposed legislation going through Congress as it relates to investors, federal involvement with housing and taxation.
ApexOne Investment Partners, LLC, a Texas limited liability company, is headquartered in Houston, Texas, with offices in Chicago, Illinois, Boca Raton, Florida, and Phoenix, Arizona, and, together with its affiliates, has substantial experience in real estate acquisition, syndication, financing, development, and disposition, as well as real estate transaction management. James A. Hearn, Ernest Johnson, Tim Burns, William Saul, and David Steele are the principals of ApexOne (the “Principals”).
Following on the success of ApexOne Growth & Income Fund I, LP, a Delaware limited partnership (“Fund I”), ApexOne Growth & Income Fund II, LP, a Delaware limited partnership (“Fund II”), and ApexOne Multifamily Fund III, LP, a Delaware limited partnership (“Fund III”), ApexOne has formed ApexOne Multifamily Special Situation Fund IV, LP, a Delaware limited partnership (the “Partnership”), to make investments in direct and indirect equity interests in multifamily residential properties, including those requiring capital infusion, repositioning, post-development leasing or which may be subject to a distressed sale, as well as indebtedness secured by such multifamily residential properties.
ApexOne Investment Partners has acquired 46 properties and invested over $1.5B in workforce and student housing communities over the last seven years. ApexOne prides itself on providing excellent living environments to its residents, high returns, and transparent communications to its investors while reducing the environmental impact of their properties. Their fund level returns on fully cycled properties have averaged over 28% and Over 94% of ApexOne’s investors have repeatedly invested in all three of their Funds.