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