Value-Add Repositioning delivered under one principal.
Value-add multifamily and mixed-use repositioning services: basis analysis, capex scoping, lease-up modeling, and execution management.
The problem we solve.
Value-add works when three things line up: you bought it right, the capex is scoped tightly, and the lease-up is modeled honestly. Most value-add underperformance comes from missing one of the three. We protect all three.
What you get when you engage River for value-add repositioning.
Basis analysis
Is the acquisition basis defensible against recent sales, replacement cost, and an honest trailing NOI? If not, the deal is reset before offer.
Unit-level capex scope
Per-unit scope with line-item pricing: kitchens, baths, flooring, HVAC, appliances, exterior. Priced by our own GC.
Amenity & common-area scope
Leasing office, gym, pool, landscaping, lighting — the items that actually move the rent premium.
Lease-up model
Unit-by-unit rollout schedule, downtime assumption, and burn-off of legacy rents against new rent achievements.
Execution under one principal
Acquisition, capex execution, and lease-up supervised by the same principal. No mid-project handoffs.