a·cu·men:

We are interested in buying well-built multifamily assets located in established submarkets in major MSAs anywhere east of the Mississippi (and Texas), with a predominant focus on Florida, New England and the greater Washington DC markets.

We like properties built in the late 1990’s or newer with some operational and/or renovation upside potential, preferably priced below replacement cost and with high single-digit cash on cash returns.

If you want to discuss a property that meets our criteria, please contact us directly. We promise a quick, honest and confidential response.

At Acumen Real Estate we believe that multifamily investment is a slow bake, and not a microwave cook. Thus, our investment philosophy incorporates many of the guiding principles of value investing:

• Rule #1: never lose money; Rule #2: never forget rule #1 – Warren Buffett

• Focus on risk before you focus on profits – Seth Klarman

• Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years – Warren Buffet

Thus, our cardinal rules of multifamily investment are:

1. Preservation of capital

2. Generate long-term and steady cash flow from day 1

3. Buy properties with upside and long-term appreciation potential

4. Be willing to hold and operate each asset as if we’re going to own the property forever