BSPMT Acquisitions
Acquisitions Criteria
BSP Multifamily Trust focuses on acquiring long-term class A/B+ stabilized multifamily investments with a durable and predictable income stream. In addition to direct investments the Fund can provide mezzanine debt, preferred equity, joint venture equity and UPREIT solutions. UPREITs offer unique tax advantages and income diversification for sellers.
Property Characteristics
- VINTAGE: 1990s & newer
- UNIT COUNT: 200+
- DEAL SIZE: $30M+
- GEOGRAPHICAL FOCUS: Top MSAs with focus on FL, NC, SC, TN, & TX
- CONSTRUCTION TYPE: Garden style & mid-rise
Investment Qualities
- Target Markets
- Stabilized Historical Operations
- Rent Growth
- Low Capex Requirements
- Predictable Cash Flow
Contact the BSPMT Acquisitions Professionals
- Michael Comparato
- Managing Director, Head of Real Estate
212.588.9404
View Bio >
- Heidi Kormann
- Managing Director, Real Estate
404.952.2523
View Bio >
UPREIT stands for umbrella partnership real estate investment trust. BSP’s Multifamily UPREIT Program offers owners of multifamily apartment communities a way to contribute their properties to BSPMT on a tax-deferred basis in exchange for an equity interest in BSPMT’s operating company. Tax laws are subject to change. You should obtain investment, financial, legal, and tax advice and conduct a diligent investigation of information material to you before making any decisions regarding a potential UPREIT transaction.