Calex Capital Partners is able to find and acquire high cash-flowing assets that are missed by other investors. These opportunities are found with strategically focused targeted marketing techniques. Calex Capital Partners' ability to find these diamonds-in-the-rough can yield higher-than-average returns for our partners.

Many real estate investment companies focus their efforts on acquiring multi-family assets that are 'on-market' for sale from brokerage firms. Calex focuses on finding multi-family assets that are off-market.  Calex finds and develops relationships with potential sellers before they contract with a brokerage firm.  This approach creates a win-win scenario for the seller, Calex and most importantly with our partners.  The seller retains proceeds that normally go to the brokerage fee and Calex is able to acquire assets before they reach the open market which can allow for greater returns for our partners.

Calex acquires assets with higher value-add potential because many investment firms are reluctant to purchase multi-family assets below 90% occupancy rate.  Calex has a track record of finding these lower occupancy rate multi-family assets. We implement a strategic repositioning process and renovation plan to improve underperforming units (and ultimately command a higher rent). Occupancy rate is improved to 90+% thus increasing the value of the asset and ultimately providing higher-than-normal yields to our partners. 

Experience

Shultas Apartments - Hartford CT

Purchased March 2016 

Rehab at least 50% of units for projected 20% rent increat.  Rehab is in progress


Marion Apartments and Park St Apartments - Syracuse NY

5 years ago Calex purchased Marion and Park St Apartments.  Both required extensive renovations for their repositioning.

Highlights

• Calex doubled the properties' value in the last 5 years. 
• Occupancy has been stabilized in last 2 years to 95+%.  Originally both properties suffered from both physical occupancy hovering at 70-80% and economic occupancies (delinquent rents) of 60-70%.
• Rents have been increased over 30% in the last 2 years by strategic full renovations of all units.
• Refinancing with loan proceeds at or above all-in costs before end of 2015.  Investors received 10% cash flow on their investment.

Single Family Rentals - Syracuse

Calex currenlty owns many Singe Family Rentals in the Syracuse market.