Investment Strategies

ValueAddIcon-1

Value-Add

  • Seek low- to medium-density multifamily assets
  • Acquire at attractive discount to replacement cost
  • Implement reposition and strategic capital programs
    • Development

    Development

  • Identify markets and submarkets with strong fundamentals
  • Acquire entitled land and/or secure options on unentitled land
  • Develop high quality multifamily, workforce, and market-rate housing
    • Core

    Core/Core+

  • High quality, stabilized multifamily assets located in high growth markets and submarkets
  • Delivers asset outperformance
  • Attractive in-place yield on Core/Core+ and favored property type with investors
    • OpportunityZone

    Opportunity Zone

  • Apply a real estate first approach to site selection with rigorous underwriting
  • Develop superior assets with forward-thinking designs that remain current over the life of the hold
  • Offer quality investments eligible for the attractive opportunity zone tax benefits

    • Cityview's Target Markets

    Cityview targets markets where population, employment, and income growths outpace the national average.

    Forecasted to lead the national average in:

    Strong Average Rent Growth6%

    Leading Income Growth8%

    Exceptional Employment Growth22%

    Robust Population Growth41%

    Proprietary Research-Driven Market Analysis

    Cityview research evaluates Western U.S. markets across 19 major metrics, including intangibles, which inform a weighting system and future outperformance of potential markets

    latest press

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    Devang Shah

    Managing Director, Acquisitions
    Devang Shah is responsible for multifamily value add acquisition and asset management in Southern California. He has 22 years of experience in real estate investment, development, design, construction and asset management. Previously, Devang was the principal of Marketcents Inc. an independent project management firm, serving as an owner’s representative to investment firms, builders and developers. Prior to that, he worked was Vice-President at RCLCo, LLC, a national independent real estate consulting firm. ​