Acquire and renovate existing workforce housing in select submarkets to provide a lower cost, high quality alternative for tenants priced out of newly constructed Class A properties. Deferred maintenance and operating inefficiencies will be eliminated through active asset management to increase cash flow, asset quality and occupancy.
Acquire distressed multifamily assets and non-performing debt secured by multifamily assets, through a network of brokers, servicers and other contacts. Sunstone will address management issues and deferred maintenance to increase cash flow and improve the well-being of residents and the community
Identify and develop undervalued urban infill sites to provide housing to median income families in proximity to jobs and public transit. To facilitate the development of moderately priced housing, Sunstone will utilize its efficient designs, national and international supply chain, and self managed construction process.