Guiding Principles
Backed by Meaningful Capital
Investment Philosophy
Lead with deep connections
Our firm leverages long-standing relationships with brokers and investment groups to drive exceptional deal flow and seamless deal execution. Our executive team personally contributes approximately 20% of the total equity invested across our portfolio, ensuring our capital commitments align closely with our investors’ interests. With a rigorous acquisition process, we meticulously evaluate numerous opportunities to identify properties poised for superior performance, delivering value with integrity.
Staying up to date
Our meticulous underwriting and due diligence processes set us apart in the multifamily investment landscape. We dedicate hundreds of hours to researching market trends and submarket dynamics, leveraging cutting-edge data to inform our decisions. For every property we acquire, we rigorously underwrite, tour, and evaluate approximately one hundred opportunities, ensuring only the most promising investments are selected to deliver exceptional returns for our investors.
Alignment
We purposefully align ourselves with our investors through our thoughtful structure. This alignment enhances our relationship with capital partners.
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Every Millburn acquisition includes a significant capital contribution from our Principals, aligning our interests with our equity partners. Millburn Principals are often the largest investor in our investments.
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We underwrite, tour, and research approximately 100 properties for every one we acquire. As the key Principal, we secure financing, execute the loan, and oversee a rigorous and thorough due diligence process.
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Millburn manages each property through an onsite, third-party management company. We only engage with onsite teams that have experience, quality, and efficient operations—and onsite management is equally accountable to Millburn and its investors. Property performance is reported monthly, quarterly, and annually in a timely manner to investors.
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Our structure allows for tax-advantaged dispositions. Further, each investment is not forced to market by predetermined or arbitrary dates. Instead, we strategically evaluate market conditions and asset performance to determine optimal exit timing deal-by-deal.
Acquisition Criteria
What We Look for in a Property
Millburn is selectively seeking value-add opportunities and core properties to add to our portfolio.
We focus on two types of acquisitions, each with its unique advantage. Here is a brief outline of our acquisition criteria.
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Property Size
100-600 Units
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Age
2010’s product or newer
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General Location
Secondary or tertiary markets within the United States
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Property Type
New build. Selective value-add opportunities
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Immediate Location
A or B locations in urban or suburban areas
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Market Metrics
As discussed above
Excellence
Committed to Excellence
At our core, we are driven by a commitment to deliver exceptional value through strategic investments in high-quality multifamily properties. Our approach is rooted in thorough market analysis, disciplined execution, and a long-term vision for growth. We prioritize transparency, strong partnerships, and consistent returns for our investors. Every property we acquire reflects our dedication to excellence and our belief in building thriving, sustainable communities. Each team member strives at an individual level to excel in their capacity and role, which collectively pushes Millburn to excellence.