Convolo Capital
Investment Criteria
Convolo Capital is a real estate investment firm that is focused on providing investors with opportunities to invest in Multi-Family value add providing cash flow, tax benefits, and upside appreciation potential.
Our strategy is to find Class B or C Multi-Family assets within 1980-2010 year of initial construction that may have been under market rents, mismanaged, or have other income opportunities to increase the Net Operating Income (NOI).
The Convolo team is focused on finding these assets in stabilized and growing sub-markets within the Southeast. The submarket should have a strong, growing job market with diverse employers. The average household income should be stable and supportive of the apartment rents. We also use data to understand the local occupancy levels and rent growth, looking for sustained supporting data.
All investments will be different, in general, the plan is to acquire, increase value, and exit with a capital event (refinance or sale) in five years or less.
Investment Criteria
Equity Multiple
1.8-2.0x
Our primary goal is to double investor capital within 5 years or less.
Internal Rate of Return
15-18%
We like to be in this range on a risk-adjusted basis. The more execution risk, the higher this should be for our investors.
Avg. Cash Flow
4-8%
We love cash flow. This amount will vary based on deal, type of project, and business plan.
Typical Hold Period
3-5 Years
3-5 years. Most deals will take anywhere from 18-36 months to implement our value add plan. Then, we’ll look for opportunistic timing.
Distributions
Quarterly
The month following the close of the quarter.
Convolo Track Record
10,000+
Units invested in over career
30
Years combined real estate experience
10
Deals as lead sponsors
With over 30 years in real estate between personal, institutional and brokerage operations, the Convolo Capital team has a track record of creating value in a variety of capacities within real estate.
Every deal goes through fully scrutinized and detailed underwriting and business planning by the team. Our underwriting standards and attention to detail will ensure the money entrusted by our partners will be meticulously placed.
The Team
Our Core Values
Integrity
Veteran-owned and operated.
Knowledge
30+ years of experience combined with advanced degrees in the field.
Transparency
Ongoing investor communications throughout the lifecycle of the deal.
Passion
Real estate might be more than a passion for us it is an obsession.