Working With Capital Partners

Greenlite works primarily with debt partners who are experienced in financing heavy value-add multifamily projects. These lenders understand the challenges and rewards of construction-heavy repositioning and are capable of working collaboratively through execution complexities.

We emphasize:

• Debt structures that support capital-intensive renovations.

• Flexibility in the event of operational delays or unforeseen construction hurdles.

• Transparency and regular reporting to maintain trust throughout the investment lifecycle.

These relationships ensure financial stability and execution flexibility — two critical pillars of successful value-add investing.

While we fund the majority of our acquisitions with internal capital, we selectively work with equity partners who are aligned with our long-term strategy. These partners value owner-operator discipline, appreciate the level of active involvement Greenlite brings to each project, and share our view on risk-adjusted returns.

Our approach is not to chase market-driven returns, but to generate value through control and execution. This resonates with sophisticated equity partners who understand that strong fundamentals drive strong outcomes.

Greenlite tracks performance at both the equity and debt levels. We maintain internal targets for:

• Equity Metrics: IRR, equity multiple, and total return—ensuring investments justify the execution effort and risk profile.

• Debt Metrics: DSCR and Debt Yield—monitored to maintain compliance and avoid capital structure stress.

These metrics are reported monthly to our internal team and to capital partners. This level of transparency reinforces our reputation as a reliable and disciplined operator—and helps preserve long-standing capital relationships.

Greenlite focuses on heavy value-add investments where strategic improvements drive strong, risk-adjusted returns, rather than pursuing a buy and hold strategy that leaves returns solely dependent on the fluctuations of the market. Our approach transforms underperforming assets into higher quality properties, and makes projecting results more consistent.

Greenlite targets stable secondary markets with strong fundamentals and stable, long-term growth potential. Our selection process is grounded in rigorous analysis at both the metro and submarket levels, ensuring each investment is well-positioned to capitalize on proven demand drivers and withstand market volatility.

Greenlite’s underwriting process goes beyond surface-level metrics to uncover the real potential value in each property we choose. Combining financial discipline with on-the-ground insight allows for strong evaluation of risk, modeling of performance, and allows us identify opportunities that others might miss.

From acquisition to exit, Greenlite actively manages every phase of the investment cycle with attention and precision. Our experience and expertise give us the ability to spot and adapt to project complications. That experience ensures that construction, operations, and leasing all align to deliver strong, risk-adjusted returns.