Impact Housing REIT, LLC | REIT Profile

CIK: 1683617
CIK: 1683617
Exchange: N/A
HQ: Calabasas, CA, United States
Type of REIT: Equity REIT
Listing Status: Public, Non-Listed
REIT Sector: Residential

See 1683617 on SEC.gov

Impact Housing REIT, LLC is a company newly founded by Eddie Lorin, a 30-year multifamily real estate veteran, focusing primarily on value-add and/or under-performing multifamily properties nationwide. Our Sponsor, Strategic Realty Holdings (SRH), was formed by Eddie Lorin in 2014. Eddie Lorin, along with his core management team from Strategic Realty Capital (SRC), a private multifamily investment company co-founded by Eddie Lorin, come equipped with more than 100 years of collective experience in multifamily real estate. Since 2001, our management team has successfully purchased and transformed more than $3 Billion worth of multifamily real estate (acting as either Principal or Advisor) amounting to more than 180 communities with approximately 40,000 apartment units nationwide. With SRC nearing its investment cycle and objective, Impact Housing REIT is a seamless transition into the future of real estate investing. Impact Housing REIT is not your typical sexy start-up. Our team has a proven track record of making multifamily apartment community improvements that pay off and pay out.* Our prior portfolios consistently demonstrated "full" occupancy levels. By implementing value-add improvement plans, we have achieved, on average, 95% stabilized occupancy upon completion of renovations on new acquisitions. We attribute success to a variety of factors including and most notably, strong local relationships with real estate brokers, servicers, lenders, and property managers. As long-term strategic partners, we pride ourselves on expertise and idea generation, as well as the ability to roll up our sleeves and get the work done. Impact Housing REIT will execute the business with vision and precision, and pair business acumen with conventional wisdom and common sense. The Impact Housing difference is providing A class amenities to older, neglected properties and often mis-managed C class communities to help improve the quality of life for residents and their families.