Acquisition Criteria

SAM Residential Group focuses on sub-markets growth, high barriers to entry locations, and assets below replacement cost. Shelter reviews in excess of $1.5 billion in assets weekly and has yield requirements that correspond with the risks and opportunities presented by each opportunity. Shelter is currently seeking to acquire the following off-market and marketed opportunities:
  • Property Type: Garden, Mid-Rise and High Rise
  • Property Type: Value add, core plus and opportunistic properties
  • Asset Class: Rated “C” or better
  • Location Quality: In sub-markets rated ‘B’ or better
  • Property Size: Minimum 100 units; Single asset or portfolio
  • Pricing: $15 Million and up
  • Vintage: Built in 1975 or newer
  • Investment Structure: All cash to seller; loan assumptions on a case-by-case basis

Target Locations

MSA’s with at least a population of 500K with a focus on the following Tier 1 institutional markets:

  • California (Northern and Southern California)
  • Arizona (Phoenix, Tucson)
  • Oregon (Portland)
  • Washington (Seattle, Vancouver)
  • Colorado (Denver, Colorado Springs)
  • Utah (Salt Lake City, Utah County)
  • Texas (Dallas-Fort Worth, Austin, San Antonio, Houston)
  • Florida
  • Greater Washington DC and Mid-Atlantic (Maryland, Northern Virginia)
  • Georgia (Atlanta)
  • Tenessee (Nashville)
  • South and North Carolina (Raleigh, Charlotte)