Multifamily Funds

Larrea Partners on a case by case basis is looking for strategic opportunities within the Southern California multifamily market to reposition and/or re-entitle select assets.  

Property Types

Rent Control, Non Rent Control, Existing Properties with Excess Land

Current Allocation Requirements

Deal Size

$10-$30 Million

Unit Count

40 Units+


Coastal, and infill urban areas preferred

Return Requirements

18%+ levered IRR, or 200bps spread between terminal cap rates and proforma stabilized yield on cost 

Levered multiple

1.75x + preferred

Holding Period

Holding Period- 1-5 Years


For Submissions, Send the Offering Memorandum To:

Frank Zhang

call (323) 515 – 8393