Closed!
$50 Million Refinance
Texas multifamily
(July 2022)
The Power of Partnership
California Private Capital Group (CAPCG) is a privately owned, boutique, real estate investment group with a legacy of innovation, an emphasis on execution, and a demonstrated track record of strong performance.
Formally formed in 2009, CAPCG has been focusing on acquisition, development, rehabilitation and management of apartment communities in the United States and currently controls over 1,500 apartment homes in the San Francisco - South Bay, Dallas Fort-Worth and Houston areas.
The group continually explores high yielding real estate investment opportunities in a range of distressed asset acquisition of residential multi-family properties in attractive markets throughout North America.
Yahav, Thanks. I hope I can help you in the future.
I admire the results I have seen.
Dean Castelhano, Graham Investments, Inc.
Our Strategy
Core, value-added, and opportunistic strategies investing directly in real estate in the United States.
Our core business involves acquiring underperforming multifamily real estate in strong Texas markets, and undertaking an extreme makeover of these assets in order to reposition them as the top properties in their respective submarket.
We employ a design driven focus with respect to our renovations, coordinating with in-house and third party reposition consultants and design professionals to ensure that our product distinguishes itself from its competition due to its physical and aesthetic attributes.
We believe in the power of relationships and hence treat each relationship with respect, openness and professionalism. As such, we have built a trusted network of brokers, lenders, banks and loan servicers to provide access to the most compelling, off-market multifamily real estate opportunities. We are positioning ourselves to be among the 1st 2nd or 3rd phone calls these groups make when they want to dispose of their non-performing multifamily assets.
Asset Management
Along with a significant financial investment, California Private Capital Group's commitment to its partners and investments is reflected in a high level of staff involvement in the operations and management of all of its properties, utilizing skilled employee teams in property management, construction and maintenance.
Operational Philosophy: “Make Our Residents Happy"
This is our main and central theme, and ultimately our motto and driving force behind everything we do. We know we’ve accomplished this mission when turnover decreases, retention increases, referrals increase – each of which has a real, positive bottom line impact on the financial performance of the property. To further expand, on how we make our residents happy, there are a few key ideas that are important:
Add Value First
Each “distressed” property we buy has typically been neglected for years – the residents haven’t been cared for, and the property most likely is in serious need of “catch-up” repairs before we expect to see any significant, lasting increase in income.
Take Care of our Resident
From the moment a prospective resident drives by the property, to walking into the leasing office, to being greeted by the property staff – it’s essential that both existing and prospective residents feel cared for.
Hire Great Staff
This may sound like common sense, but we seek to only bring on “great” people to work at our properties. Our budgets and bonuses are on the high end of the competitive scale, which allows us to attract and retain the best and the brightness.
Work with the Community
We work closely with the police and fire departments, schools&colleges, hospitals, local business and code enforcement to improve the neighborhoods in which we serve.