SIG Equity Partners, LLC is a sponsor of multifamily real estate opportunities. The Investment strategy is opportunistic acquisitions meeting the following basic thresholds:

Basic Thresholds:

• Multifamily Acquisitions - portfolio & individual

• Low leverage ( <80% LTV), minimum 7 year financing

• Equity Investments

• Cash-on-Cash Return in year 1 of 10%+ (on current actual rents)

• Return of 30 - 40% of capital in first three (3) years

• Sunbelt locations (smiley face states etc. See Map with locations below)

Additional parameters include:

• Deal Size: $20m - $500m

• Location: Pacific Northwest – through the Sunbelt – up the Mid-Atlantic

• Age: 1990+

• Class: Mix of A, B & C

• Caps: 7.5% - 9.0% (location / age)

• Unit Mix: Large floor plans, with higher mix of 2Br and 3Br

• Property Size: 250 – 500 units

The key economic driver is employment. We look for area where the job base consists of employment in the areas of:

• Energy

• Health Services

• Education / Government

Target Locations

Notes: High priority locations marked/numbered in Blue. We will look at properties in and around these areas, and most anywhere in California. We will consider opportunities outside of these locations if the deal makes sense (great story, opportunity etc.).

The following Criteria are specific to California and Seattle Markets:

Target Markets

The target markets below all share similar fundamental characteristics.  In-fill, supply constrained markets that offer long-term job growth potential are among the most important dynamics.  Further, the individual submarkets within the macro geographies must consist of A and B class renter populations, with income levels at or above the area’s median.

West Coast Areas 

·         Ventura County | San Fernando Valley | San Gabriel Valley | West LA | Hollywood

·         Koreatown | Pasadena | Orange County | Inland Empire | San Diego

·         San Francisco | Peninsula | Silicon Valley | East Bay

·         Seattle CBD | Bellevue/East Side | Everett | Renton | Kent | Federal Way

·         Gig Harbor | Tacoma

Investment Criteria

·         Class A/B, 1975 to 2009 construction, 30 to 300 units

·         Good marketing window (drive by/walk by traffic)

·         Good mix and design of floor plans

·         Ample amenities including parking, pools, gyms, etc.

·         Easy access to freeways, local job market and desirable retail

·         Rental rates can be increased with new capital and/or better man

·         Target minimum 5% cash-on-cash return year 1

·         15% project IRR on 5 to 7 year hold