Investments
What sets Silver Star apart in the multifamily real-estate business is our proactive approach, combined with our unmatched familiarity with each sub-market and location. Our impressive track record of generating 15%+ IRR since 2006 clearly shows that we put our investors first! We are also planning for aggressive expansion in AZ, NV, TX, CO, and the Southeast United States. Silver Star acquired its first property outside of California, in Arizona, in 2020. The property continues to outperform the market and is a shining example of our ability to take our rock-solid business model to other states.
Our multifamily investment strategies are clear and well laid out. Besides having robust and stable equity, we also have an experienced team with a successful track record. In a few years, we are planning to grow to at least 5000+ units. Our typical acquisition targets usually involve a property size of 150+ units located at major employment hubs. Swift and systematic execution of our acquisition plans are meticulously taken care of by our team.
We focus on institutional grade value add opportunities all over the United States. We are currently active in the Southern California and Phoenix markets and are underwriting deals in Austin, Dallas, Tucson, San Antonio, Boise, and Denver. We typically look for A/B/C grade assets in A/B locations/areas.
Our Target
Investing in true value-add properties with strong demographics is what we primarily aim for. We leave no stone unturned in renovating and stabilizing the asset to the next level to generate premium returns. Nevertheless, we do keep in mind operational efficiencies to ensure cost-effectiveness. This is how we achieve maximum IRR.
Our strong and focused team knows how to screen the tenants and ensure maximum occupancy. Currently, our occupancy rate stands at 99%, thereby providing a consistent flow of returns to our investors.