Repositioning · Central Florida

Value-Add Reposition

A Central Florida value-add acquisition. We bought on existing-in-place basis, executed a targeted capex plan, and stabilized on timeline.

Project metadata

Project typeValue-add repositioning
LocationCentral Florida, FL
Entry basisBelow replacement cost (specifics under NDA)
Capital structureSponsor + accredited investor LP tranche
TimelineAcquisition → stabilization: ~11 months
Scope deliveredApice (permitting compression), FL Pro (capex), Crown (finish package)
OutcomeStabilized at or above Base case underwriting
LessonPermitting-compression work by Apice generated weeks of timeline savings — captured in subsequent underwriting assumptions

The story

Every case study is told the same way: what we saw, what we underwrote, what actually happened, and what we learned. Confidential financial detail is available to verified accredited investors under NDA.

This page is a summary. The full memo — including the three-case model output, construction draw variance, and exit or stabilization analysis — is shared on request with accredited investors who have completed our deal-summary form.

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For verified accredited investors. Shared under NDA.