INVESTMENT CRITERIA

SUMMIT SEEKS VALUE ADD INVESTMENTS IN 200+ UNIT APARTMENT COMMUNITIES WITHIN MARKETS WHOSE LOCAL ECONOMIES EXHIBIT STRONG POPULATION, JOB, AND APARTMENT DEMAND TRAITS. WE SEEK ATTRACTIVE RISK-ADJUSTED RETURNS IN THE FORM OF CURRENT CASH FLOW AND CAPITAL APPRECIATION.

SIZE
200+ Units

QUALITY
"B" Class properties

PRICE
$10-100 Million 

LOCATION
Strong secondary markets throughout the U.S. 

STRATEGIC FIT
Assets that enable summit to create value through the execution of management, lease-up, rehabilitation, and/or repositioning strategies 

PROCESS

STEP 1:
IDENTIFY
Using our 5-point list of investment criteria, we identify cities, submarkets, and apartment communities in which we can best deploy our value-add strategy. 

STEP 2:
IMPLEMENT
Acquire and reposition asset through a combination of:
Renovation of units, exterior, and/or amenities;  and
Implementation of professional management.

STEP 3: 
HARVEST
Monetize investment at the appropriate time, based upon an asset's improved performance, as well as apartment and capital market conditions.