Strategies

Multifamily Acquisitions Preferred Equity

RSE provides flexible and competitive preferred equity for acquisition of institutional multifamily real estate assets with the potential for strong current cash-flow and long-term upside in primary and secondary markets across the United States.

Investment Parameters
Asset Type
Stabilized, light value-add or lease-up multifamily
Target Markets
Nationwide
Total Acquisition
$20M+
RSE Investment
$3M - $25M preferred equity
Max LTV
Up to 85-90% LTV (aggregate with senior loan)
Gross Rate
10-13% capped
Current Pay
6-10% current pay Yr 1, stepping up 50-100 bps in later years
Minimum Multiple
None
Prepayment Penalty
None
Origination Fee
2%
Exit Fee
None
Debt Profile
60-80% LTV (permanent financing, no bridge debt)
Maturity
Coterminous with senior loan term
Sponsor Track Record
1,000+ units under management