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Street address: 1801 Bayberry Court # 203
City / suburb: Richmond, VA
Zip code: 23226
Phone: (888) 837-3720 (Phone)
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37th Parallel Properties' Innovative Investment Process

For the better part of a decade, 37th Parallel Properties has worked closely with clients, helping them secure stable cash flows and achieve their financial goals. The firm focuses primarily on real estate investments in the commercial multifamily apartments sector, which offers some of the most stable, evergreen assets in real estate. To accomplish its mission of maximizing value and equity growth potential for clients, 37th Parallel Properties adheres to a four-stage investment process designed to promote dependable returns and principal safety. At 37th Parallel Properties, the first stage of the investment process involves market and location suitability. The firm begins by evaluating stable markets across the United States and identifying those with the highest potential for long-term performance. After finding a suitable market, the firm uses tools such as debt financing and investor equity to acquire apartment assets with anywhere from 100 to 300 units. Stage three of the investment process typically involves a hold period of four to seven years between liquidity events, during which time the firm improves its assets by decreasing expenses, increasing gross income, driving occupancy, and improving property grade. 37th Parallel aims to provide stable quarterly yields and annual equity growth, and it will refinance assets to free up equity. As a result, investors experience significantly improved cash flows over a period of seven to 15 years. While 37th Parallel reviews hundreds of properties every year, only a handful pass its strict safety and equity growth targets. To learn more, visit the official website at 37parallel.com.

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City / suburb: Richmond, VA
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