Alvista Portofino – Upland, CA

Alvista Portofino – Upland, CA

Strategy

PRG's strategy is focused primarily on the acquisition and development of multifamily rental properties, the majority of which are in higher barrier-to-entry markets.

The firm's focus is on middle-market housing and opportunities to improve net operating income through value-added renovation, repositioning, and creative cost savings programs.

PRG targets the following property attributes:

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Class B Multifamily

We seek situations in which we can implement physical and operational improvements to raise the market perception of a property.

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Extensive rehabilitation / New construction

Our deep expertise in design, development and construction management means we are able to handle assets requiring significant degrees of building improvement.

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Scale and amenities

Target assets whose scale and amenities we believe offer a competitive advantage compared to other properties in the market.

St. Joseph's Apartments -Gretna, LA

Affordable housing

PRG targets properties with expiring tax credits or development opportunities with subsidies.