Broadtree Residential focuses on acquiring and investing in institutional quality multifamily apartment communities in select U.S. markets with an emphasis currently in the Southeast and Texas. In addition to direct investments the Fund can provide mezzanine debt, preferred equity, joint venture equity and UPREIT solutions. UPREITs offer unique tax advantages and income diversification for sellers.
- VINTAGE: 1990s & newer
- UNIT COUNT: 200+
- DEAL SIZE: $30M+ Direct, $3–10M Mezz/Pref
- GEOGRAPHICAL FOCUS: Top MSAs with focus on FL, NC, SC, TN, & TX
- CONSTRUCTION TYPE: Garden style & mid-rise
- CLOSING: BTR is an experienced well-capitalized buyer with certainty of execution
Managing Director, Head of Real Estate
UPREIT stands for umbrella partnership real estate investment trust. BTR’s Multifamily UPREIT Program offers owners of multifamily apartment communities a way to contribute their properties to BTR on a tax-deferred basis in exchange for an equity interest in BTR’s operating company. Tax laws are subject to change. You should obtain investment, financial, legal, and tax advice and conduct a diligent investigation of information material to you before making any decisions regarding a potential UPREIT transaction.