MULTI-FAMILY DEVELOPMENT with fbr investment fund
Investing in multi-family home developments provides lucrative opportunities in the real estate market. At FBR Investment Fund, we specialize in building brand-new multi-family apartment buildings from the ground up, offering you the chance to be part of these ventures without the financial burden of funding the development on your own.
In the desirable markets of the Greater Phoenix area there is significant demand for multi-family apartment buildings, but we will only build in niche sub-markets where supply exceeds demand. By focusing on developments with a moderate number of units, FBR Investment Fund ensures greater demand and shorter to medium time frames, minimizing risk. Our projects typically range from 18 to 24 month depending upon market conditions, making them an ideal investment opportunity for those seeking growth without long-term commitments.
With the substantial value added through ground-up construction, FBR Investment Fund’s multi-family developments yield some of our highest returns.
benefits of investing in FBR multi-family developments
Strong Investment Yields.
By building from the ground up, our new development projects offer the highest return potential, maximizing profitability.
Attractive Projects.
Our thoughtfully designed multi-family floor plans are in exceptionally high demand, ensuring a strong, qualified multi-family buyer and quick sale upon completion.
You Pick the Deal.
With FBR Investment Fund, you have the flexibility to choose precisely which property or properties you want to invest in, ensuring full control over your investment decisions.
Diversify Your Investments.
Investing in multi-family developments provides an opportunity to diversify traditional short-term or long-term investment portfolios with medium-term projects.
The multi-family development process start to finish
The Importance of Lot Choice
Our multi-family development projects begin by identifying the optimal lot to build upon. Through meticulous analysis, our real estate experts evaluate factors such as location, market values, rental pricing, occupancy rates, zoning codes, and buildable square footage. Leveraging our industry connections, we secure lots with the greatest potential, including off-market properties, foreclosures, probate courts, and auctions.
Every property undergoes extensive due diligence to ensure a profitable outcome. We estimate building costs and project after-construction values, maximizing returns while minimizing risk.
The Property Purchase Process
FBR Investment Fund negotiates the purchase of selected properties under favorable terms, aiming for the lowest purchase price to optimize profit margins. Our established relationships with local lenders allow us to obtain favorable financing terms and lower interest rates for construction loans. Additionally, our volume of projects enables us to negotiate discounts on labor and construction materials.
Once satisfied with the property’s viability, we open the entity in which the property will be held, secure necessary financing, complete all title and escrow documents, and successfully close the deal.
Property Design
FBR Investment Fund’s multi-family developments are designed to meet the unique needs of today’s renters. Recognizing the increasing demand for larger living spaces, we collaborate with experienced architects to design open living areas, 3-4 bedrooms, and ample bathrooms to accommodate both co-living arrangements and growing families. Our design choices focus on maximizing property value and attractiveness to future buyers.
Additionally, we strategically select amenities, favoring low-maintenance options that provide a competitive advantage, such as extra parking, in-unit laundry facilities, and rooftop decks, and when we build within in-fill locations we avoid amenities that will take up lot space and add high costs, such as pools.
Construction and Build-Out
Our construction process begins with lot preparation, which may involve demolishing distressed structures and grading the site. Once permits are approved, our skilled construction team commences the building of modern, carefully designed multi-family structures that generate instant demand from renters.
With efficient systems in place and experienced professionals overseeing the project, FBR Investment Fund completes high-quality builds within comparatively short time frames, ensuring reduced uncertainty, lower risk, and faster payouts for investors.
Throughout the development period, we provide regular updates to investors through our user-friendly online dashboard, showcasing the project’s progress with progress bars and construction photos. Additionally, we send email notifications when the project transitions between stages.
Profit Realization – The Property Sale
Upon completion of the holding period, we list it for sale on the market. Our marketing efforts target qualified buyers, maximizing the chances of a successful sale.
Time Frame of the Deal
Our multi-family development projects span approximately 18-24 months for a develop-and-sell model, or up to 3 to 5 years for a develop-and-hold project. The entire investment timeline commences upon opening escrow for the property purchase and encompasses processes such as acquisition, design and permitting, construction, and the lease-up and holding period. Investor distributions are prorated based on the duration of their investment in a particular project.
Ready to Invest?
If you’re ready to explore the exciting opportunities in multi-family development, click the Get Started button below.