19
# of Multifamily Properties Acquired
3,763
# of Multifamily Units Acquired
2.86x
Realized MOIC on Multifamily
>9.3%
Realized C-o-C on Multifamily
~17.5%
Realized IRR on Multifamily
Investment Vehicles
First Investment
Started out as a family office with a buy-and-hold strategy investing in multifamily in the DC Area (Aquila Portfolio)
First Syndications
- Office investment in Charleston, SC
- Student housing investment in Charleston, SC
First Exit
Launch of Excelsa US Real Estate I LP (EUSRE I)
Excelsa fully transitioned to an asset manager.
The company acquired 10 properties between 2018 and 2022, with six exits so far.
Launch of Excelsa US Real Estate II LP (EUSRE II)
Acquired six properties
Portfolio Snapshot
Our multifamily portfolio is diversified geographically and we have built an expertise in value add properties that deliver higher returns
Deal parameters
Prefered deal size: $50-150 MM
Prefered equity ticket: $15-50 MM
Acquisition Timeline
Our deal execution is designed to optimize returns at every stage of the market cycle.
2009
2010
2011
2015 Exit
2018
2019
2020
2021
2022
2022 Exit
Bend at Oak Forest2023
2024
Why multifamily?
Why invest in US Multifamily?
Excelsa is primarily focused on the multifamily real estate asset class in the US, a market with strong fundamentals compared to other asset classes
Favorable Demographic Conditions
Growing population, changes in housing preferences, and affordability constraints are creating a strong demand for rental housing.
Hedge Against Inflation
Multifamily investments can generate higher cash flows and act as an inflation hedge through rental income increases and appreciation in value.
Lower Volatility
Multifamily investments offer a consistent stream of rental income from multiple units, stabilizing cash flow and minimizing the fluctuations in the broader market.
Government-Backed Financing
Multifamily properties benefit from streamlined access to borrowing facilities, especially government-sponsored entities like Freddie Mac and Fannie Mae, which are renowned for their financing programs tailored specifically for multifamily investments.
Attractive Returns
Multifamily properties offer a favorable investment opportunity relative to other asset classes providing a steady cash flow and potential for appreciation.
Liquid Markets for Transactions
Due to higher demand, consistent cash flows, and availability of financing options, multifamily investments offer relatively larger liquid markets.
Regional Focus
We favor geographic areas that are experiencing positive job growth and migration with a focus on the Sun Belt.
As we grow, we continue to expand our market coverage to compelling markets in the Western United States.
