Real Estate Investment Made Simple. Transparent. Accessible.
Workforce Partners is a real estate investment firm that delivers attractive returns while significantly enhancing guest and resident experiences and reducing their carbon footprints.Learn More
Workforce Partners at Work
Property Square Footage
Our 2015 Benchmark Returns
Real Estate Assets
Elmcrest Terrace was a relatively small asset in the billion-dollar portfolio of its prior owner, so it didn’t receive the attention it needed to operate at its best. Our investment thesis called for a renewed focus on the property’s recurring operations with initiatives to optimize revenue and right-size the costs. In other words, we approached the asset like a classic corporate carve-out.
I was very impressed with your take on “renovating” – major changes to nearly every room, replacing cabinets, counters, appliances, bathroom tiling, and so on. It used to be quite obvious that this building was over 50 years old; no more.