Real Estate Private Equity
Aspen Residential Portfolio
Description
BRP formed a strategic initiative to invest in multi-family apartment complexes. Investments included over 1,200 units in California, Georgia, and Colorado.
Thesis
Aspen demonstrated a successful track record in renovating and operating multi-family residential assets. BRP capitalized the investments with additional equity partners to create extremely attractive deal structures to achieve high risk-adjusted returns.
Equity Investment
$10.0 million