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Multiple apartment balconies with black railings on a blue and orange building under a clear sky.

Full Acquisition and Repositioning

Multifamily - Performing all aspects of the project’s acquisition and repositioning: investment strategy, property identification, capital raising (seller-carry, Co-GP, LP and debt) and negotiation, market research, financial modeling, interior & exterior CapEx budget and closing. Developed and executed detailed repositioning strategy that involved interior and exterior CapEx improvements of +$25,000/unit. Renovated rents met or exceeded underwriting for all unit types.

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Institutional Development Model

A rapidly growing multifamily developer in the Mid-Atlantic, delivering over $1 billion in projects annually, engaged Precision to overhaul its development underwriting model—aligning it with the expectations of a newly secured institutional investor base. Among the features Precision added were: multiple types of interest reserve calculations, preferred equity and mezzanine debt functionality, floating vs fixed loan scenarios, customizable normal distribution development cost draws, a multi-tier and multi-tranche waterfall with an equity multiple hurdle and sensitivity tables.

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Asset Management

Multifamily and Retail - Precision Real Estate Services was hired to assume and improve the performance of a 600+ unit multifamily and retail portfolio for a syndicate partnership that needed specialized experience and bandwidth. Our engagement included developing a new lease-up strategy for a recently completed project, spearheading the replacement of existing property management, driving down turnover time, and optimizing various revenue streams, all to enhance the portfolio's overall value.

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Hold Vs. Sell Analysis

Low Income Housing Tax Credit - Precision was engaged by one of the largest Low-Income Housing Tax Credit (LIHTC) non-profits in the Northeast to conduct a hold-versus-sell analysis on four underperforming assets nearing their re-syndication period. Working closely with each property's asset manager, Precision identified the root causes of underperformance—including costly compliance issues, ongoing capital expenditures related to plumbing, and missed subsidy payments—and evaluated the feasibility of corrective action to support a successful 10-year re-syndication. The project guidelines included abstracts of all relevant legal documents (LPAs, financing documents, etc.), creation of updated operating budgets, creation of a conservative 10-year proforma and assessment of various refinancing/hedge scenarios. The engagement culminated in detailed board memos for each asset, outlining tailored recommendations and strategic next steps.

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Acquisitions Analyst

Success in real estate investment often hinges on an ability to analyze a high volume of deal flow quickly, while maintaining the ability to uncover unique details that others might overlook. Investors who higher Precision know that our analysis comes with direct acquisition and operational experience, not just an ability run Excel. Quality acquisitions in a competitive market require insights that come from experience.

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Motel-To-Multifamily Conversion

2 assets totalling ~100 units.

A brick apartment building with three stories, featuring balconies with black railings, some with red fabric privacy screens. A bicycle is hanging on the top balcony. A green lawn with small bushes is in front of the building, and a tree's branches partially frame the left side of the image. The sky is clear and blue, with sunlight illuminating the scene.

Small Multifamily Repositioning

The advantages of sub-institutional inve.

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Medical Office Value-Add Underwriting

The advantages of sub-institutional inve.

Modern multi-story apartment buildings with balconies, a landscaped courtyard, and a bike storage shed.

Recapitalization: Institutional Core+ Multifamily

The advantages of sub-institutional inve.

A red and white sign that reads "Property is personal, SOLD." The sign is on a pole beside a street, with a yellow vehicle partially visible in the background and some greenery in the foreground.

Investment Sales Pricing Guidance

The advantages of sub-institutional inve.