OUR STRATEGY
WHY TEXAS ?
The single largest factor in the successful investments of Goldenwrist Capital is to choose the right project to invest in. Location is a significant factor in making this decision. Goldenwrist Capital believes on a macro scale, that the United States is a target rich environment, and the best country to conduct real estate investments in.
In America, Goldenwrist Capital has targeted the state of Texas, which is one of the best states in America to invest into multifamily real estate due to its culture of apartment-living.
From there, we homed in on one of the best cities within Texas, one with the most multifamily units in the county, major nation-wide highways running through it, ample job growth and job opportunities, and a booming economy and growing population. This is the city of Houston.
Finally, After choosing the optimal country, state, and city, Goldenwrist Capital strategically invests in parts of town with the highest growth and upside potential yet has deeply distressed multifamily neighborhoods.
Why Texas, where all Goldenwrist Capital properties are located, had the largest percentage increase in employment and the largest job gains in the US
WHY HOUSTON?
WHY Houston – a growing market due to high positive immigration, with a strong and diverse labor market
- #1 in Texas: The largest metropolis in Texas.
- In the international migration rate in relation to outward migration and in fifth place in the USA
- #2 in Texas: Fortune 500 headquarters located in the city, only third to New York and Chicago, out of these headquarters, the Hewlett Packard company and the Amazon Tech Hub were moved
- #1 in the World: Largest medical center in the world and the 8th largest business district in the US, with over 106,000 employees.
- #4 in the United States: The fourth largest metropolis in the USA
- %0 State and city taxes and low cost of living lead to positive and high domestic migration to Houston
- $191K Median price per unit.
WHY Houston – a growing market due to high positive immigration, with a strong and diverse labor market
- #1 in Texas: The largest metropolis in Texas.
- In the international migration rate in relation to outward migration and in fifth place in the USA
- #2 in Texas: Fortune 500 headquarters located in the city, only third to New York and Chicago, out of these headquarters, the Hewlett Packard company and the Amazon Tech Hub were moved
- #1 in the World: Largest medical center in the world and the 8th largest business district in the US, with over 106,000 employees.
- #4 in the United States: The fourth largest metropolis in the USA
- %0 State and city taxes and low cost of living lead to positive and high domestic migration to Houston
- $191K Median price per unit.
SISTER COMPANY: HORIZONTAL AND VERTICAL INTEGRATION
OPPORTUNISTIC ACQUISITIONS
- Identifying high-value add potential involves recognizing opportunities within real estate assets where strategic improvements can significantly enhance their overall value.
- The strategic focus on assets located in attractive locations in proximity to major employment centers is a prudent approach
- The strategic objective of acquiring multiple properties in nearby areas with the intention of controlling entire neighborhoods and leading broad value-add processes carries several potential advantages
- Engaging in opportunistic acquisitions with significant value-add potential entails identifying and capitalizing on real estate opportunities
RESULTS
- Aim to reach full stabilization of the assets within 12 months
- 1.4x revenue increase in the first 12 months
- 2.0x NOl increase in the first 12 months
- Refinance stabilized asset with long term loans while withdrawing significant funds to the company’s balance sheet
- Creating revitalized communities
- 9.0% Implied cap rate from transaction after the first year of improving the assets
