Business Details
16 Years
experience
Multifamily Real Estate Investment Experts Since 2010
Founded in 2010, we are a privately held real estate investment firm specializing in multifamily properties across the Southeast and Midwest. Our long-term value-oriented philosophy leverages creative strategies to optimize investor returns through stabilized acquisitions and value-add repositioning. With over $308 million in assets under management and 2,500+ units, we combine local market expertise with institutional execution. Our team brings decades of experience in multifamily brokerage, finance, and property management, having previously held leadership roles at firms like CBRE.We prioritize authenticity, honesty, and integrity in all dealings, maintaining transparent communication with investors and partners. Our competitive advantages include extensive deal-sourcing networks, opportunistic investment approaches, and a proven track record in executing complex real estate transactions.
Services
Multifamily Investment
Property Management
Energy Optimization
Value-Add Repositioning
Investor Relations
Details
- Year established: 2010
Highlights and features
- We implement a patented value-add strategy for multifamily property optimization
- Our team has 20+ years of combined experience in multifamily brokerage and finance
- We maintain 100% transparent investor relations with verifiable financial projections
- We leverage 15+ years of local market expertise in target submarkets
- Our execution has consistently met 98% of projected timelines since 2010
Services
Multifamily Real Estate Investment
We acquire and manage multifamily properties in high-growth submarkets across the Southeast and Midwest. Our strategy focuses on value-add opportunities through operational improvements and capital investments. With $308 million in assets under management, we deliver consistent returns through stabilized cash flows and strategic exits.
Value-Add Repositioning
Our value-add strategy targets underperforming assets with potential for significant improvement. We implement renovations, operational efficiencies, and branding upgrades to enhance property value. This approach creates immediate upside while maintaining downside protection during stabilization periods.
Property Management
Andover Property Management provides full-service oversight for multifamily communities. Our team implements industry best practices to maximize profitability through optimized operations, tenant retention programs, and capital improvement planning across 2,500+ units.
People
Robert Stone
Founder & CEO
Managing Partner with 15+ years in multifamily investments. Previously Multifamily Director at CBRE, leading Michigan sales. Holds MA in Labor Relations from Wayne State University. Oversees daily operations and investor relations.
Ryan Conzelmann
CFO
Chief Financial Officer with 20+ years in real estate finance. Former commercial lender specializing in multifamily assets. Holds BA in Finance from Michigan State University. Manages financial strategy and capital markets activities.
Questions
What geographic markets do you target for investments?
We focus on Southeast and Midwest submarkets with strong demand drivers in Florida, Michigan, Indiana, and Ohio.
What property types do you specialize in?
Our primary focus is multifamily residential properties, including student housing and mixed-use developments.
How does your value-add strategy work?
We acquire underperforming assets, implement operational improvements and capital upgrades to enhance value and cash flow.
What is your minimum investment size?
We typically target investments between $15 million and $40 million in acquisition value.
How do you ensure investor returns?
Through conservative financial modeling, transparent reporting, and maintaining 98% timeline adherence since 2010.
