Apartment Ventures Successfully Closes Naturally Occurring Affordable Housing Fund

Having met their targets, Apartment Ventures is proud to announce the closing of a Naturally Occurring Affordable Housing (NOAH) fund, adding investor value while helping people and communities.

ORANGE COUNTY, Calif. (PRWEB) March 10, 2022 — After a busy and successful 2021, Apartment Ventures is proud to announce the closing of a Naturally Occurring Affordable Housing (NOAH) fund. Having met their targets, Apartment Ventures closed their fund with over $40M in new equity, with close to 300 units valued at $110M in Los Angeles, Orange and Ventura counties. Apartment Ventures has a long history of investing in NOAH communities and is passionate about this market segment: adding investor value through affordable quality housing that improves the lives of the people and communities served. To continue this passion, Apartment Ventures is launching their next NOAH-focused fund in the 2nd quarter 2022.

In addition to closing the fund, Apartment Ventures worked closely with investors to accomplish specific goals and successfully close 19 transactions in 2021, representing close to $300M in three target states — California, Arizona and Nevada. Key goals for 2021 included geographical diversification, changing asset classes to create legacy acquisitions and broadening real estate investment exposure. Apartment Ventures successfully navigated complex rotation strategies, strategic 1031 exchanges and multiple-state diversification to maximize each of these goals and to deliver value to investors. The company’s experience, rigorous research and analysis, and smart underwriting enabled them to identify the assets and debt structures needed to deliver on their investor’s goals.

As a fully integrated real estate investment firm specializing in multifamily properties, Apartment Ventures has been trusted by investors, brokers and debt providers for over 20 years to deliver on thoughtfully crafted business plans. Whether using agency or bank loans, off-market or fully marketed properties, investors trust that Apartment Ventures has the know-how to navigate complex structures and close the transaction.

“By aligning ourselves successfully with investor goals and executing mutual, meaningful strategies, we made the most of many opportunities in 2021. We know that we’ve succeeded by continuing to listen closely to partners and focusing on our thoughtfully outlined objectives, leading to the closing of several coveted assets,” says Kari Wilfong, Principal & COO.

Apartment Ventures focuses on responsible, reliable returns through intelligent strategies and extensive knowledge of the multifamily investment markets in Southern California, Arizona, and Nevada. They are a partnership-driven firm always seeking like-minded investors, and with additional transactions in the pipeline set to close throughout 2022, they are positioned for further growth.

Contact Information Kari Wilfong Apartment Ventures
https://apartmentventu.wpengine.com 1 (714) 379-9900