CASE STUDIES & HISTORICAL PERFORMANCE

The actual case studies below highlight the value created through focused management led by Mark Nusbaum and the team he selected between 2012 through 2017 prior to LEAD Equity Group.   

Turn Around Value-Add Experience

Vista Buena Apts

403 Units

Class “C” asset

Descriptive     2012    2014   

Occupied         73%     95%

NOI                  750K    1.1K    

Exit Pricing                  12.1 mil

Notes

Poorly managed from 2008

Until 2012.  Repositioned

For 3 million profit

La Bella Palms

Class “B” asset

Descriptive      2013    2017

Occupied         85%     96%

NOI                  370K    430K

Exit Pricing      3.3 mil  5.8 mil

 

Notes

Old out-dated exterior & interior; managed for c/flow & exit strategy

Woodside Apts

311 Units

Class “C” asset

Descriptive      2013    2016

Occupied         76%     96%

NOI                  575K    1.1K

2016 Refi Price           12 mil

 

Notes

Poorly managed from 2007

until 2013.  Re-positioned

from 8.7 mil to 14.9 mil

Sherman Oaks Apts

Class “B’ asset

Descriptive      2014    2017

Occupied         68%     92%

NOI                  575K    762K

Exit Pricing      in process

Notes

Owner managed poorly;

Purchased 6.8 mil w/reposition

toward value of 10 mil

Pine Terrace Apts

401 Units

Class “C” asset

Descriptive      2013    2017

Occupied         72%     93%

NOI                  625K    1.2K

2017 Refi Price           15 mil

 

Notes

Distressed asset 2012;

Repositioned from 6.8 million

To 15 million refi

Villa Jolla Apts

Class “C” asset

Descriptive      2012    2015

Occupied         67%     96%

NOI                  530K    675K

Exit Price                     7.5 mil

 

Notes

Highly distressed asset;

Picked up at courthouse;

Stabilized exit at 7.5 mil

MANAGED PROPERTIES

Summer Glen Apartments

Dallas, TX

206 units

4 years

96% Occupancy

 

Woodside Apartments

Dallas, TX

311 units

5 years

95% Occupancy

 

Villa Jolla Apartments

Dallas, TX

224 units

4 years

93% Occupancy

 

Campus West Apartments

Waco, TX

72 units

1 year

92% Occupancy

 

Columbia Villa Apartments

Dallas, TX

76 units

5 years

98% Occupancy

La Bella Palm Apartments

Dallas, TX

117 units

3 years

96% Occupancy

 

Pine Terrace Apartments

Houston, TX

403 units

6 years

92% Occupancy

 

Dyersdale Apartments

Houston, TX

144 units

6 years

98% Occupancy

 

Primavera Apartments

Fort Worth, TX

164 units

5 years

95% Occupancy

 

Casa Villa Apartments

Fort Worth, TX

144 units

3 years

90% Occupancy

Sherman Oaks Apartments

Sherman, TX

205 units

4 years

94% Occupancy

The Falls Apartments

Dallas, TX

206 units

5 years

95% Occupancy

Richland Terrace Condos

Dallas, TX

800 units

3 years

95% Occupancy

 

Cedar Ridge Town Homes

Hurst, TX

65 units

4 years

100% Occupancy

 

Faylee Apartments

La Grange, TX

60 units

2 years

95% Occupancy

Shadetree Apartments

Giddings, TX

57 units

2 years

92% Occupancy

 

Sunrise Apartments

Giddings, TX

22 units

2 years

95% Occupancy

 

Hillside Apartments

Texarkana, TX

61 units

2 years

94% Occupancy

 

Colorado Apartments

Texarkana, TX

16 units

2 years

100% Occupancy

 

Bar Tree Apartments

Hooks, TX

40 units

2 years

95% Occupancy

La Sombra Apartments

Carrollton, TX

140 units

3 years

95% Occupancy

 

Fox Creek Apartments

Carrollton, TX

200 units

2 years

94% Occupancy

Park Fontaine Condos

Dallas, TX

20 units

2 years

100% Occupancy

 

Vista Buena Apartments

Dallas, TX

403 units

4 years

94% Occupancy

Forest Hills Apartments

Arlington, TX

225 units

4 years

92% Occupancy

 

Villa Serena Apartments

Dallas, TX

103 units

2 years

90% Occupancy

 

View Point Apartments

Irving, TX

68 units

1 year

88% Occupancy

 

Irving Court Town Homes

Irving, TX

103 units

3 years

96% Occupancy

 

Pointe Place Apartments

Dallas, TX

65 units

1 year

97% Occupancy

 

Walker Place Apartments

Dallas, TX

63 units

3 years

100% Occupancy

 

Park Irving Apartments

Irving, TX

110 units

2 years

90% Occupancy

 

French Colony Apartments

Dallas, TX

100 units

2 years

88% Occupancy

 

Gateway Apartments

Dalton, GA

100 units

1 year

98% Occupancy

 

Ambers Village Apartments

Arlington, TX

48 units

4 years

95% Occupancy

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