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+
Geography
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
fzhang@larreaparters.com
call (323) 515 – 8393
Other Funds
