Multifamily
Value-add and operationally challenged multifamily.
Investment Criteria
A concise view of the opportunities, markets and structures we pursue.
Property Types
The residential strategies we actively pursue.
Residential Development
Infill multifamily, build-to-rent and condominium development.
Adaptive Reuse
Hotel, office and other existing assets with potential for conversion to housing.
Special Situations
Distressed, structured and transitional real estate opportunities.
Investment Parameters
Where we invest, typical investment size and the structures we can use.
GEOGRAPHY
Florida, New York & Select Growth Markets
Primary focus on Florida and New York, with select opportunities across the Southeast and East Coast.
TRANSACTION EQUITY
$10M – $50M+
Typical equity capitalization, alongside institutional and other equity partners.
TOTAL PROJECT SIZE
$40M – $250M+
Target project capitalization, with flexibility to pursue larger opportunities with partners.
STRUCTURES
Flexible Structures
Fee simple acquisitions • JV equity • Preferred equity • Land contributions / JVs • Ground leases
SPECIALIZED STRATEGY
Affordable & Workforce Housing
In addition to its market-rate investment and development strategies, Figari pursues affordable and workforce housing opportunities through preservation, adaptive reuse, ground-up development and public-private partnerships.
Public-Private Partnerships
Partnerships with municipalities, housing authorities, nonprofits and other public-sector stakeholders to preserve and create attainable housing.
Hotel-to-Housing
Conversion of hotels and other underutilized real estate into affordable, workforce and supportive housing where existing improvements and basis can create an advantage.
Ground-Up Affordable
Affordable and mixed-income multifamily opportunities utilizing LIHTC, tax-exempt bonds and other public-private financing structures, independently and alongside experienced partners.
CAPITAL & STRUCTURING
Tax-exempt bonds • LIHTC • 501(c)(3) structures • Property tax incentives • Public subsidies • Rental assistance • Institutional equity & debt
Investment Opportunities
Figari Capital is actively evaluating new acquisitions, development opportunities, recapitalizations and other investments that fit our criteria. Owners, brokers, lenders and capital partners are encouraged to contact us directly.
info@figaricapital.com