Case Studies

Portfolio Investments Track Record & Case Study Examples

Distress Bulk Portfolio - Downtown Miami

Investment Thesis:

  • Acquired a distressed bulk portfolio of 23 units in Downtown Miami.
  • Condos were sold to passive investors with tenants in place and D.R.E.A.M’s professional management services.
  • Lease of the condo units covered all expenses and offered a conservative return of 4% while properties were being sold.

Value Enhancement / Results

  • Designed each unit (floor, paints…) while securing screened tenants.
  • Signed lease agreements with tenants to guaranty condo buyers a steady income.

Residential Bulk Deal
Bulk from 2 buildings (1,2 and 3 bedrooms)

Timeline16 Months
Total Acquisition & Construction Cost:$7.5M
Total Square Feet35,193 SF
Sold Price$9.5M
Gross Realized ROI:22.5%

Distress Bulk Portfolio - Downtown Miami

Investment Thesis:

  • Acquire land on the water in high end community below market value.
  • Goal was to hold land while the local luxury real estate market was picking up again.

Value Enhancement / Results

  • Compared financial offers and selected lender to maximize cash on cash return for investor.
  • Maintained grounds while marketing the land for sale.

Waterfront Land
3.51 acres and +/- 430 ft of deep-water dockage in prestigious community

Timeline

36 Months

Total Acquisition & Construction Cost:

$10.2M

Sold Price

$15M

Gross Realized ROI:

  44%

Multifamily Building - Bay Harbor Islands, FL

Investment Thesis:

  • Acquired Art Deco building from family trustees liquidating their Florida portfolio.
  • Each unit needed to be upgraded to bring rents back to market rates.

Value Enhancement / Results

  • Each unit was renovated with new kitchen and bathroom. Some required new flooring. Most of the A/C systems, Electrical and plumbing were updated to the new standards.
  • After 8 months of renovation, we increased rents by more than 30% which generated a net return over 7%
  • The building was stabilized and 100% occupied in the first year.

Residential Multifamily Building
12 units (1 & 2 bedrooms)

Timeline

3.5  Years

Total Acquisition & Construction Cost:

$1.95M

Total Square Feet

7,588 SF

Sold Price

$3.5M

Gross Realized ROI:

29.7%

Multifamily Building – Delray Beach, FL

Investment Thesis:

  • Acquired 2-story multifamily building in the heart of Delray Beach with the intention to sign a lease with Florida Atlantic University and provide student housing.
  • Building needed some cosmetic work to improve curb appeal.
  • Building was already generating 5% return with rents but students in the area were driving prices higher.

Value Enhancement / Results

  • Each unit was updated, and the building was painted.
  • A 5-year Master lease was signed with Florida Atlantic University to offer off campus student housing.
  • After 7 months, building was fully occupied by students and generating a net return of 9.4%. This allowed us to sell the building managed and with a 3-year Master lease guaranteed generating a return of 5.3%

Residential Multifamily Building
18 units (1 & 2 bedrooms)

Timeline

3.5  Years

Total Acquisition & Construction Cost:

$1.42M

Total Square Feet

15,438 SF

Sold Price

$2.25M

Gross Realized ROI:

24%

House Development in Delray Beach, FL

Investment Thesis:

  • Acquire land on the water in high end community.
  • Goal was to develop luxury property to attract wealthy families from surrounding communities.

Value Enhancement / Results

  • After receiving approved permits from the city, our state-of-the-art construction team completed the home in 8 months.
  • Property was marketed and sold on the local market in less than 45 days.

Waterfront Home
In Tropic Isles Neighborhood

Timeline

16 Months

Total Acquisition & Construction Cost:

$1.55M

Living Square Feet

4,560 SF

Sold Price

$2.5M

Gross Realized ROI:

27.2%

House Development in Jupiter, FL

Investment Thesis:

  • Acquire land on the water in high end community.
  • Goal was to develop luxury property to attract wealthy families from surrounding communities.

Value Enhancement / Results

  • Brand new contemporary masterpiece on oversized lot with 100ft, directly on the Loxahatchee River and quick ocean access.
  • 5,530 square feet living area and 23 feet high ceilings. The home was installed with impact-resistant windows and 10-foot sliding doors.
  • An infinity saltwater pool with custom floating steps and LED lights in between each step led to a quick sale and a high return for our investor.

Waterfront Home
¾ acre lot with 100ft on the water

Timeline

19 Months

Total Acquisition & Construction Cost:

$2.46M

Total Square Feet

5,530 SF

Sold Price

$3.95M

Gross Realized ROI:

38.25%

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