Multifamily, Value Add

Pax Properties targets properties:

• In growth and value markets
• Primarily in the Southeast and lower Midwest including Florida, Georgia, Oklahoma, Texas and the Carolinas

Class B/C properties with significant potential for value creation through improvements to the property and operations

100+ multifamily units is our focus but we will also look at other undervalued commercial income-producing properties

Our typical projects range from $5 million to $25 million each in total deal cost (acquisition price + capital improvements)