Westridge acquires apartment buildings in markets outside of the primary/gateway cities to achieve higher cash flow yields, adds value through renovations, rebranding and other specific on-site improvements, and purchases assets at below their replacement cost. Westridge is conservative in its underwriting, projections and capital structure, and focuses on executing its business plan to provide superior risk-adjusted returns to its investors and add value to its apartment communities.


INVESTMENT STRATEGIES

  • VALUE ADD IMPROVEMENTS

    Westridge aims to increase property values through rebranding and strategic, targeted upgrades to unit interiors, the exterior of a property and common areas.

  • Fresno, CA skyline

    BUY IN SECONDARY AND TERTIARY MARKETS

    By focusing on properties in markets that are not subject to extreme demand from investors, Westridge looks to achieve higher cash flow yields than similarly situated properties in gateway and primary metro markets.

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    IMPACT INVESTING

    The goal of Westridge’s impact program is to create thriving, healthy apartment communities that improve the lives of residents.

  • BUY BELOW REPLACEMENT COST

    Buying an asset below replacement cost provides a competitive advantage and downside protection.

INVESTMENT APPROACH AND THESIS

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    INVESTMENT THESIS

    Westridge looks to capitalize on the demographic, social and financial developments that make multifamily investing in growing secondary and tertiary submarkets an attractive value proposition for investors.

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    INVESTMENT APPROACH

    Westridge approaches each investment with an eye towards downside protection, the creation of value by implementing its strategic initiatives and a long-term horizon.