37th Parallel Properties

Recognized as a leader in commercial real estate investment, 37th Parallel Properties connects clients with income and equity growth investment opportunities. By managing a focused portfolio of stable commercial multifamily assets, the firm enables clients to realize their investing objectives. According to its investment and operating model, 37th Parallel Properties looks to distribute cash returns quarterly with significant tax advantages.

When it comes to the actual investment process, 37th Parallel Properties begins by identifying and assessing multifamily investment opportunities in promising markets across the United States. Upon finding a suitable market and property management team, the firm acquires 100- to 400-unit+ apartment assets and owns them for typically 7-10 years before selling or refinancing the property. The firm carefully selects properties with the right combination of value and with low operational risk and a high potential for steady cash yield and equity growth for the investment group.

The operations period at 37th Parallel Properties typically lasts from three to ten years between liquidity events. During this time, the firm boosts the overall value of the asset by increasing gross income and decreasing total expenses. By improving the quality of the property and driving occupancy growth, the firm provides investors with annual equity growth and consistent yield. The firm makes strategic use of equity events (i.e. refinance or sale of a property) and uses the proceeds from these events to purchase more assets for the investment group.