Gastonia Multi-Family Equity Investment

Polaris Investments has acquired a multi-family compound in Gastonia in the surroundings of Charlotte, NC. The investment opportunity was made possible thanks to Polaris Investments exclusive partnership on-the-ground. The portfolio offers deep value and the strategy is to reposition the asset from C-grade to B-grade in order to generate extra alpha. The holding period for this investment is expected to be 5 years and structuring and financing of the acquisition has been designed accordingly.

Investment successfully exited in July 2019.