Lucern Capital Partners are high conviction investors in the Charlotte, NC multifamily and mixed-use real estate market.
Today, millennials account for the largest number of multifamily renters, approximately 43%. However, a new generation is entering their prime renting years – Gen Z.
In Lucern’s 2nd Quarter 2021 Update, our team details Lucern Multifamily Value Fund I, L.P.’s growth and continued success throughout the quarter.
Savvy value-add real estate investors rebrand their properties to boost occupancy levels, improve tenant quality of life, and maximize return to investors.
Lucern Managing Partner, Dave Hansel, outlines three ancillary revenue strategies that add value and can positively impact a multifamily asset’s bottom line.
With hotel prices being driven down by the COVID-19 pandemic, real estate investment firms like Lucern Capital Partners are converting the properties into multifamily assets.
In the wake of the COVID-19 pandemic, hotel sale prices have taken a dive. Lucern Capital Partners is taking advantage by buying extended stay hotels at a discount and converting them to multifamily properties.
Lucern Capital Partners acquires East Coast Townhomes, a 102-unit multifamily asset in the burgeoning West Charlotte submarket.
As potential inflation looms, Lucern’s David Hansel sees increased opportunity for raising capital to acquire real estate assets for the investment firm.
For EisnerAmper’s Trends Watch, Frank Forte provided his thoughts on the future of multifamily real estate and Lucern’s approach to value-add investing.