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19790 W. Dixie Highway, Suite 501
Aventura, FL 33180 - info@piaresidential.com
© Copyright 2023. PIA Residential
Strategy
Investment Strategy
PIA targets Class B properties in the Southeast US, that can be acquired below replacement cost or have been under-managed and can provide stable returns as well as capital appreciation through a disciplined value-add program with a projected average hold period of five years.
Renovation of unit interiors that translate into higher rents and improved returns to investors
Capital improvements of exteriors and common areas to increase property value
Implementation of efficient property management to improve operating performance
Improved branding and marketing to increase appeal to renter profile
Investment Rationale
Liquidity
Multifamily transaction volume continues to increase with strong institutional demand and stable debt offering.
Supply/Demand Imbalance
New deliveries of multifamily units are unable to keep up with the rapid demographic growth and new household formation.
Stable Asset Class
Multifamily occupancy has outperformed other real estate assets classes over multiple cycles.
Demographic
Continued population growth with strong migration to the Southeast.
Affordability
The shortfall of available residential units combined with the high cost to own, increases demand for Class B rental properties.
Hedge Against Inflation
Yearly rent adjustments provide good protection during inflationary times.
Become a PIA Investor
PIA’s objectives are to preserve capital, produce consistent cash yields, and generate attractive risk-adjusted returns for its investors. We achieve this by carefully building a diversified portfolio of multifamily investments through PIA Residential Fund I, LP