Strategy

Our Strategy

Our investment strategy focuses on acquiring and revitalizing underperforming properties in strong markets. Through an infusion of customer service and transformative renovations, we elevate resident living experiences and in turn increase the value of each property2.

2. Property management and development are managed through affiliated companies Thrive Communities LLC and Thrive Development LLC

Our approach

  1. Experienced management

    We bring over 100 years of combined multifamily investment experience and in-depth market knowledge.

  2. Vertical integration

    RISE operates acquisitions, redevelopment, and management all under one roof. Our property management team manages more than 15,000 total apartment homes, giving us valuable insight.1
    1. Property management and development are handled through affiliated companies Thrive Communities LLC and Thrive Development LLC

  3. Manager-investor alignment

    With more than $50 million of our own capital invested in RISE, our management team is committed to doing right by our investors. We don’t receive performance fees until an eight percent pre-tax annual return is achieved.

  4. Conservative investment strategy

    We seek a conservative balance sheet and only invest in quality properties in strong U.S. markets with economic diversification.

  5. Transparent net asset values

    As part of our NAV, property values are set by quarterly appraisals completed by national firms, and we switch appraisers every three years to discourage partiality.

Our approach to renovations

RISE has renovated thousands of homes with over a hundred million total dollars invested. Our experienced, award-winning renovation team is passionate about creating exceptional living spaces for our residents.2

2 Property management and development are managed through affiliated companies Thrive Communities LLC and Thrive Development LLC

Property Transformations

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Artesia

Institutional partnerships

RISE has been recognized as a best-in-class owner and operator of multifamily properties in the Pacific Northwest. As such, we work with select institutional equity partners as sponsors of joint-venture opportunities. These partnerships give our RISE investors the benefit of participating in promoted financial returns when assets perform well, and our partners benefit from our expertise and access to opportunities. We have built strong ongoing relationships with all of our joint-venture partners.