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:
PROPERTIES
UNITS
VALUE
Featured
Criteria
Property Type
Newer construction core, core plus or light value add multi-family and mixed-use projects, urban or suburban locations.
Geography
Nationwide but with a special focus on Midwest growth markets and select Sunbelt markets where JDP maintains a development portfolio. Metro areas of interest include Columbus, Indianapolis, Des Moines, Denver, Colorado Springs, Tampa, Phoenix and Tucson.
Size
For urban projects, minimum of 100 units or 200 beds if student. If suburban garden style, prefer 200+ units.
Age
Prefer 2010 or newer construction or historic rehabilitation properties that have been recently renovated.
Pricing
Prefer $10,000,000 up to $100,000,000. Typically looking for core, core plus or light value add newer construction deals. Will consider not-yet-stabilized new construction or pre-TCO Opportunity Zone projects.
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.