Jackson Dearborn Partners has been an opportunistic purchaser of quality multi-family and student housing assets since 2014 and is always looking for quality properties to grow the existing portfolio. Recent acquisition statistics below:
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Featured
Criteria
Property Type
Value add multi-family, student housing, and mixed-use projects, urban or suburban locations. Will also consider extended use LIHTC projects.
Geography
Nationwide but with a special focus on college towns in the Midwest. Prefer large university markets with strong demographic growth trends.
Size
For urban projects, minimum of 100 units or 200 beds if student. If suburban garden style, prefer 200+ units.
Age
Prefer 1990’s or newer construction or historic rehabilitation properties renovated in the 1990’s or later. Strongly prefer in-unit laundry and modern floor plans.
Pricing
Prefer $10,000,000 up to $100,000,000. Typically looking for value add opportunities, both physical and operational. Will consider not-yet-stabilized new construction.
Location
Urban in-fill, pedestrian to campus if student housing. “A” or “B” suburban locations with positive growth trends. Universities with minimum 20,000 enrollment and metropolitan areas of at least 150,000.