Over the past 15 years, BCE has built a fully integrated multifamily investment platform that invests in select markets throughout the Western U.S.
Opportunities to Unlock Value
We pursue acquisition opportunities where we can unlock value through property rehabilitation, repositioning, asset management, and creative recapitalization. We focus on urban-infill multifamily residential real estate, principally in Coastal California and select markets throughout the Western U.S. and Pacific Northwest.
Our market niche, between $20 million and $45 million, is out of reach for small investor and below the threshold of REITs, pension funds, and institutions.
Proven Track Record of Successful Investing
As of October 2018, we have acquired, rehabilitated, and asset managed 108 properties (15,200 units) throughout California and other key Western US markets with a total value over $2.3 billion. Combined, our key personnel have over 100 years of relevant value creation experience and over $7 billion in acquired and performing assets.
We complete capital improvements swiftly and professionally manage our properties so they meet or exceed their pro forma targets. The business plan of every investment is tailored to the property and community in which it serves.
BCE Fund I and Fund II capitalized with over $37 million in combined GP capital, deploying over $30 million of capital as of March 2015. We continue to deliver successful investor returns.
108 assets, $2.3b, and 15,200 units