ACQUISITIONS PROCESS


We have a full-time acquisitions team dedicated to sourcing fantastic deals in our target markets. You’ll find them regularly touring our key markets to gain a comprehensive understanding of each market and submarket, deep diving potential deals, and staying in regular contact with the top brokers in each market.


The BluAdvisors Process


  • Recherche et approvisionnement d'actifs multifamiliaux :
  • De solides relations avec les courtiers grâce à une communication constante, des offres solides et une réputation de leader dans le domaine.
  • Gain access to off market deals as a result of our reputation of closing deals quickly.


  • Underwriting (Reviewing the Numbers):
  • Utilize current financials (not broker pro formas) to analyze assets with a proprietary Financial Model developed by our team.
  • Conservative assumptions produce a pro forma model to properly vet the asset.


  • Touring Assets:
  • L'équipe d'acquisition de BluPhoenix Advisors visite tous les actifs avant de soumettre une lettre d'intention. L'équipe d'acquisition visite constamment nos marchés cibles et élabore une perspective complète sur chaque actif avant l'acquisition.


  • Making Offers
  • Our conservative financial modeling informs our offer process, and we pursue far more deals than we’re awarded, roughly 100 to 1, as we will not compromise our criteria or overpay for an asset.


  • Due Diligence


  • Markets:
  • Currently focused on these markets but are not limited to them
  • Atlanta, Warner Robins, Savannah, Austin, Dallas/Fort Worth, Houston, Jacksonville, Orlando, Tampa, Miami, and more (will expand to Tennessee and Michigan.


  • BluPhoenix Advisors Deal Flow Criteria:
  • Actifs multifamiliaux sur les marchés énumérés ci-dessus,
  • Vintage 1985 to 2021,
  • 20 à 95 millions,
  • Class B to C, 120 units and above,
  • 50% occupied asset for a pre-stabilized deal will be the earliest we will consider
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