The investment team at Guardian
excels in sourcing acquisition candidates that can be upgraded and
repositioned to provide solid, predictable returns for investors.
Guardian’s acquisitions activity also provides both
institutional and private investors a continuing opportunity to
realize the strongest returns available in the market.
Target acquisitions include those with a ‘value-add’ opportunity that can be captured through rehabilitation, repositioning, and management efficiencies.
GUARDIAN'S ROLE:
Investment
Criteria
Guardian’s criteria for investments undergo
constant revisions as the dynamic forces of the markets call for
strategic realignment. Each criterion is adjusted on the
basis of demographic shifts in the market, population growth,
employment cycles, housing fundamentals, barriers to entry,
proximity to retail and commercial centers, accessibility to
transportation networks, and underlying market
economics.
Physical
Characteristics
Guardian’s investment managers are experts
particularly experienced and skilled in the techniques of locating
properties that exhibit best-in-class qualities relative to
comparables. It requires special talent to identify properties that
can be renovated and repositioned in their markets, and
Guardian’s team has demonstrated a consistent ability to
locate these hard-to-find deals. Typically, acquisitions are newer
than 1985, contain more than 100 units, and feature garden-style
construction in brick or wood. The company has also, however,
succeeded with vintage properties, including urban mid- and
high-rises and historically significant structures.
Operating
Capacity
Guardian
Real Estate Services seeks to achieve net income growth throughout
the ownership period. The company develops a strategy for each
asset that emphasizes conservative expense management, keeps rents
highly competitive in the market and adds income sources whenever
possible. The practice of strategic long-term asset management and
intelligent capital investments in properties ensures outstanding
and aggressive results.
Leverage
Guardian Real Estate Services finances all
properties with a blend of debt and equity appropriate to the asset
type and risk. The level of leverage used is determined by the
purpose of the project. Anticipated leverage will range from 60 to
80 percent of all-in cost (acquisitions, renovation, financing,
etc.).
Market
Information
Guardian enjoys a strong presence in the western
United States. When seeking new properties for acquisition,
preference is given to first or second tier cities in the
west.