U.S. Acquisition Criteria
We invest in value-added apartment deals across the U.S. with a primary focus on Southern California. First-look pocket listings and off-market opportunities are strongly preferred. Paladin Realty has earned a reputation for integrity and as a strong, reliable buyer that protects its broker relationships.
Markets
Southern California, with a primary focus on greater Los Angeles, including adjacent counties
Property Profile
- Class B/C apartments
- 20-80 units
- Older vintage (1950’s to 1990’s)
- Well-located in safe, desirable working- and middle-class neighborhoods
- Fatigued assets with correctable physical and operating deficiencies
Loss to Lease
20-30% discount to market rents
Value-Added Upside
Ability to significantly increase net operating income providing cushion should cap rates rise beyond proforma
Rent Control
State Law AB1482 locations strongly preferred
Deal Size
Typically $7-30 million
“Rising cap rates will create excellent buying opportunities in 2023.”
—Fred Gortner
Co-Founder & COO