Multifamily Real Estate

Multifamily real estate stands out in today’s investment landscape, offering strong returns with lower risk.

Over the past 40 years, this asset class has consistently outperformed other forms of real estate. With the U.S. population expected to exceed 380 million within the next 25 years, demand for multifamily housing is on the rise—further reinforcing the long-term appeal of investing in these properties.

 

Financial Freedom Through Real Estate​ Investing

Real estate investing offers an unmatched combination of stability and growth potential, making it an exciting avenue for wealth creation. Multifamily apartments, in particular, stand out as a resilient asset class, providing consistent cash flow through rental income and the opportunity for long-term appreciation. With demand for housing continually on the rise, multifamily properties benefit from a broad tenant base, minimizing risk and enhancing predictability. Moreover, these investments offer significant tax advantages and a hedge against inflation, making them a smart choice for diversifying your portfolio and building lasting wealth.

Targeted Investor Returns and Advantages of Ownership

• Cash-flowing assets with a 7% LP preferred return

• Average IRRs of approximately 17% annually, achieved through capital appreciation upon sale

• Equity growth as loan principal is paid down over time

• Conservative use of leverage to enhance equity returns

• Significant tax advantages via depreciation pass-through

• Low correlation with other asset classes, providing protection against stock market volatility

Our Investment Criteria:

• Class A and B properties in secondary and tertiary markets

• Workforce housing, 150 units+, late 90’s vintage or newer

• 90% occupancy or better

• Cap Rates 5.5% - 7.5%

• Value-add deals, typically invest $10,000 -$20,000 per unit to upgrade and looking for monthly rent increases $150-300 per unit

• Purchase price $10M to $50M

• Open to Co-Sponsorship opportunities

The Benefits of Investing Through Syndications

At Acuity Partners, we believe that real estate syndications offer an exceptional opportunity for individuals seeking to build sustainable wealth through commercial real estate. Real estate syndications provide a collaborative investment model, where investors pool their resources to acquire real estate assets, that we, as sponsors, operate. This strategy offers a passive investment opportunity, allowing investors to benefit from owning large rental properties without the responsibility of day-to-day management.

Over the past decade, U.S. multifamily real estate has become one of the most sought-after sectors by institutional investors. This is due to its essential nature, strong property-level fundamentals, and historically high risk-adjusted returns. Multifamily properties have remained a cornerstone of commercial real estate (CRE) portfolios, making up 29.1% of the NCREIF Fund Index-Open End Diversified Core Equity (NFI-ODCE). We anticipate that well-located, high-quality rental housing will continue to perform strongly over the long term, supported by a variety of macroeconomic, demographic, and financial factors.

By investing through syndications, individuals can tap into this growth potential and diversify their portfolios with high-quality real estate assets while minimizing the complexities of active property management.

Get closer with projects

Current Portfolio

Elevate at Dawson Forest - Dawsonville, GA

Elevate at Dawson Forest - Dawsonville, GA

Elevate at Dawson Forest – Recent Acquisition<br> Location: Dawsonville, GA<br> Property: 268-Unit, Class B Multifamily (Built 1998)<br> Acquisition: April 2024 at $52M<br> Estimated Hold: 4-5 years<br> Business Plan:<br> Dawson County’s above-average population growth has created a significant supply/demand imbalance, with Elevate being one of only four multifamily properties in the market. With only 32% of units renovated to premium standards, we plan to upgrade the remaining 68% to capture an estimated $300 rent premium per unit. For instance, renovated 2-bedroom units command about $1,650 per month versus $1,350 for unrenovated units. Our value-add strategy is expected to boost NOI by roughly 45% over a five-year hold, targeting a 20%+ IRR after four years. Even though we acquired the property in April 2024, we are already witnessing above-average rent growth on both renewals and new leases.

Enclave at West Ashely - Charleston , SC

Enclave at West Ashely - Charleston , SC

Terraces at Perkins Rowe - Baton Rouge, LA

Terraces at Perkins Rowe - Baton Rouge, LA

Broadstone Briar Forest - Houston, TX

Broadstone Briar Forest - Houston, TX

The Pearl at Midtown - Dallas, TX

The Pearl at Midtown - Dallas, TX

Vinings Apartments - Atlanta, GA

Vinings Apartments - Atlanta, GA

Pines at Woodcreek – Houston, TX

Pines at Woodcreek – Houston, TX

Get closer with our projects

Sold/Refinanced Properties

Click on any photo below to see investor returns.
Retreat at Savannah - Savannah, GA

Retreat at Savannah - Savannah, GA

Waterford Manor - Decatur, GA

Waterford Manor - Decatur, GA

Overlook Crossing - Columbus, GA

Overlook Crossing - Columbus, GA

The Hollows - Columbia, SC

The Hollows - Columbia, SC

Wynthrope Forest - Riverdale, GA

Wynthrope Forest - Riverdale, GA

Covington Glenn - Decatur, GA

Covington Glenn - Decatur, GA

The Strength of Multifamily Investments

Acuity Partners believes that well-located, high-quality rental housing will continue to be a strong performer over the long term due to a variety of macro, demographic, and financial factors.

Our Partners

Closer to Your Financial Goals with Acuity

For years, institutional investors have used commercial real estate to enhance yields in a yield-starved market. Real estate can offer predictable cash flows, build equity through future capital appreciation of the assets, tax benefits, and may act as a hedge against inflation and stock market risk. Our platform is designed to provide individual investors the same benefits.
We collaborate with our clients to provide a transparent investment process, enabling more efficient decision-making. Our direct access allows clients to invest alongside experienced operating partners who have a proven track-record of delivering attractive risk-adjusted returns.
This approach differs from the large brokerage firms who typically only offer these types of investments through a fund platform or in publicly traded REITs. Similarly, most of the well-known real estate funds require a minimum investment of $1 million of more which does not appeal to the typical investor. Acuity Partners utilizes its vast network of commercial brokers, lenders, other sponsors/owners, and legal and accounting professionals to identify what we believe are best of breed transactions.

Elevate at Dawson Forest - Dawsonville, GA

Acquisition Date: April 2024
Acquisition Price: $52,000,000
Unit Count: 268
Class: B+

Enclave at West Ashely - Charleston , SC

Acquisition Date: April 2023 
Acquisition Price: $16,100,000
Units: 112
Class: B+

Terraces at Perkins Rowe - Baton Rouge, LA

Acquisition Date: November 2022 
Acquisition Price: $44,900,000 
Units: 226
Class: A-

Broadstone Briar Forest - Houston, TX

Acquisition Date: May 2022
Acquisition Price: $48,800,000
Units: 342
Class: B-

The Pearl at Midtown - Dallas, TX

Acquisition Date: October 2021 
Acquisition Price: $21,400,000 
Units: 213 
Property Class: B

Vinings Apartments - Atlanta, GA

Acquisition Date: December 2020
Acquisition Price: $16,000,000
Units: 106
Property Class: B+

Pines at Woodcreek – Houston, TX

Acquisition Date: October 2021 
Acquisition Price: $21,400,000
Units: 213 
Property Class: B+

Retreat at Savannah – Recent Disposition

Location: Savannah, GA
Property: 112-Unit, Class B Multifamily (Built 1979)
Acquisition: September 2021 at $13.2M
Disposition: September 2023 at $18.4M
Equity Multiplier: 1.54x
IRR: 26%
Business Plan: We entered the hot Savannah market below replacement cost with a property that had a solid operating history, low vacancies, and minimal delinquencies. The last renovation in 2004 created an ideal opportunity for our value-add strategy—modernizing interiors and exteriors and raising rents. By using short-term, low-interest bridge debt and renovating over 50% of the units, along with multiple exterior upgrades, we increased top-line revenue by nearly 37%, positioning the asset for a profitable exit in just two years.

Waterford Manor - Decatur, GA

Acquisition Date: December 2016
Acquisition Price: $3,800,000
Sold Date: July 2018
Sold Price: $5,000,000
IRR: 26%
Property Class: C-
Units: 118
Equity Multiplier: 1.54x

Overlook Crossing - Columbus, GA

Acquisition Date: February 2019
Acquisition Price: $8,500,000
Sold Date: October 2021
Sold Price: $12,464,000
IRR: 21%
Property Class: B-
Units: 164

The Hollows - Columbia, SC

Acquisition Date: July 2016
Acquisition Price: $11,700,000
Sold Date: March 2020
Sold Price: $17,200,000
IRR: 16%
Property Class: B-
Units: 212

Wynthrope Forest - Riverdale, GA

Acquisition Date: February 2018
Acquisition Price: $22,000,000
Refinanced Date: October 2022 – full return of investor capital
Property Class: B
Units: 270

Covington Glenn - Decatur, GA

Acquisition Date: June 2017
Acquisition Price: $14,300,000
Refinanced Date: January 2023 – full return of investor capital
Property Class: C
Units: 254