Social Impact Multi-Family Asset Platform (SIMFA) is a programmatic platform dedicated to assemble and create a portfolio of workforce housing communities with the primary goal of enriching resident’s lives while generating above market returns for investors.

BACKGROUND:

The sponsors of SIMFA, Thrive and Communidad Realty Partners, are joint venture partners who have a long track record of successful investments in workforce multifamily assets.

OUR MISSION:

SIMFA’s mission is to achieve a higher purpose of building thriving communities and enriching lives. We aim to be responsible stewards of investor capital while upholding the highest standards of fiduciary responsibility. Our responsibility extends to all stakeholders including our investors, residents, team, environment, and the communities we serve.

INVESTMENT OBJECTIVE:

To create, renovate, and preserve workforce housing apartments (workforce housing defined as rents between $600-$1,300/month) in markets that have a supply/demand imbalance. This will serve as a vehicle for social impact and environmental sustainability while generating compelling risk-adjusted market returns.

FUND TARGETS

  • Target Size: $100m
  • Types: Yield-Plus (Capital Preservation and Cash Flow), Value-Add (Appreciation), Opportunistic (Development and Renovation)
  • Hold Period: 3-7 years per asset
  • Targeted Annualized Cash-on-Cash Returns: 6-8% paid quarterly
  • Projected Total Investor Annual Return with Disposition: 11%-14%

GEOGRAPHICAL OPPORTUNITIES

  • Dallas, TX
  • San Antonio, TX
  • Houston, TX
  • Austin, TX
  • Orlando, FL
  • Tampa, FL
  • Atlanta, GA
  • Phoenix, AZ
  • Albuquerque, NM

Our SIMFA Management Team

IMPACT INVESTMENT BENEFITS