Urban Communities, LLC
Phoenix, AZ
We are Developers, Investors, Managers and Visionaries. Our funds raise capital to invest in Class B & C multifamily workforce apartment properties across U.S. secondary and tertiary markets. We are vertically-integrated with all aspects of our business in-house, which lowers our costs and allows us to pass on savings to our residents without jeopardizing returns to investors. We only pursue assets that fit our investment criteria and underwrite at ~20% IRR* net to investors. We understand that real estate is a local business by nature. It is necessary to understand the dynamics of each location in order to evaluate potential investments. Furthermore, it is imperative to maintain “boots on the ground” throughout renovation and management of properties, securing a consistent resident experience throughout our portfolio. So, we implemented our Local Partner Program, by which we partner with real estate entrepreneurs & developers in various markets to acquire, rehabilitate, reposition, and manage Class-B & C multifamily real estate investments.
Areas of Interest
- Risk Profile
- Property Type
- Deal Type