Source Capital is a private equity investment firm specializing in the acquisition and re-positioning of underperforming multifamily assets in high growth markets. Currently, our focus is in the Phoenix MSA.
We focus on acquisitions where opportunities exist to create extensive additional value through strategic management and physical asset renovations. We adopt an opportunistic view that a few truly outstanding opportunities are better than a pipeline full of mediocre ones. We prioritize safety and we never jeopardize our underwriting standards. We go into each acquisition with a detailed business plan and are deliberate in the execution of said plan.
All of our acquisitions are extreme value-add, requiring extensive upgrades and resulting in approximately $300 per door bump to the revenue:
Ben Leybovich, the managing partner at Source Capital, has 12 years of multifamily experience.
Source Capital currently has $40M under management by purchase price.