At New Renaissance Group, we combine our expertise in real estate, architecture, and construction to create lasting value for our partners, clients, and communities. Our current focus is on opportunistic real estate investments in small cities that are home to large universities. We generate superior risk-adjusted returns by utilizing in-depth market research and robust data-driven modeling.
Investment Criteria
- Property Types: Class C properties with value-add potential through capital improvements and strategic management.
- Investment Size: $250K-5M asset size.
- Target Returns: 6% minimum average cash-on-cash over the hold period net to investors. 14% minimum IRR net of fees and promote.
- Typical Hold Period: 3-7 years.
- Target Metros: Affordable markets with a nationally recognized university that has a minimum student body of 20,000.
- Site Selection: Within 3 miles of a university. Anticipated future real estate demand drivers due to growth of University and other large employers. Sustained rent growth combined with relatively low but rising property values.
Pipeline
Link To Listings:
New Renaissance Group 