Quarterly Performance Report: Q3 2022
About Momentum Multifamily
We are a commercial real estate group based in Dallas, Texas who provide investors with exclusive investment opportunities in apartment communities. Momentum seeks to identify, acquire & operate institutional quality multifamily assets. Let us help you diversify your portfolio and exceed your investment expectations.
Company Goals
Momentum is focused on acquiring and repositioning multifamily assets. We pride ourselves on creating inspiring communities to live at while creating exceptional returns for our investors.
Our investment strategy has consistently produced strong, long-term growth for our investor’s portfolios. Private real estate offers more stability during economic downturns, exclusive investment opportunities, and great tax benefits.
Report Outline:
In this report we will cover our portfolio's recent performance.
1. Current portfolio – locations and overview
2. Portfolio summary – average metrics across our entire portfolio
3. Property specifics – detailed performance metrics for each asset
4. Moving forward – key observations and goals for next quarter of operations
Notable Highlights:
We recently closed on a new asset in Rosenberg, Texas to expand our Houston portfolio to 772 units. Our total AUM is currently at $119.3M (cost basis) and we are excited to expand our footprint in the Houston MSA. Our recent closing marks the 3rd transaction in the market over the last 24 months.
We have seen a lot of success with our Henry brand in the Houston market and we are very pleased with the performance of our properties. While there are no guarantees in life, we believe in our investment thesis for the foreseeable future. To all of our current investors, we are very grateful for your trust and you should feel good about your current holdings. For those of you who have yet to invest, you aren’t too late. We believe there is a lot of opportunity ahead.
