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 and/or infill markets across the United States.

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

PRG targets the following property attributes:

prg-strategy-photo-1

Renovation and Repositioning

Opportunity exists to introduce modern common areas, amenities and unit renovations to drive returns.

prg-strategy-photo-2

Technology and Innovation

Embrace technology and innovation to enhance property evaluations, management/operations and reporting.

prg-strategy-photo-5

Scale and Amenities

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

St. Joseph's Apartments -Gretna, LA

Operational Improvements

Seek properties with some degree of under-management, deferred maintenance and/or capacity to renovate to achieve rent increases.