$12M+
Assets Acquired
10+
Deals Completed
59%
Avg IRR
Our Thesis
Buy right. Add value. Repeat.
What We Look For
Off-market and undervalued assets in high-growth corridors. Multifamily, single-family, and light industrial properties where forced appreciation is achievable.
- Direct relationships with wholesalers, agents, and distressed sellers
- Markets with strong rent growth, job creation, and supply constraints
- Value-add opportunities through renovation, repositioning, or operational improvement
How We Underwrite
Conservative assumptions, multiple exit strategies, and stress-tested projections. Every deal must pencil before we move forward.
- Minimum 15% cash-on-cash return threshold before acquisition
- Downside scenarios modeled for rent decline, extended vacancy, and rate changes
- Independent appraisals and contractor bids on every deal
How We Structure
Aligned incentives with our investors. We co-invest in every deal and structure partnerships that prioritize capital preservation and transparent reporting.
- GP co-investment on every deal ensures skin in the game
- Preferred returns paid to LPs before any profit split
- Monthly reporting with full financial transparency
Luxury investments. Luxury returns.
Who We Are
Conner Applegate
Co-Founder & Managing Partner
Licensed broker with deep expertise in sourcing off-market deals, foreclosures, and distressed assets. Over 10 completed transactions across fix-and-flip, multifamily, and commercial properties. Specializes in identifying below-market acquisitions and managing full-cycle renovations from permits to sale.
10+ deals · Licensed Broker · Foreclosure Specialist
More details
Jordan Millhausen
Co-Founder & Managing Partner
AI Solutions Engineer who has built data and AI systems for some of the world's largest enterprises. Founded and scaled two businesses before turning his focus to real estate. Leads underwriting, financial modeling, and investor relations, bringing a data-driven approach to every acquisition.
2 deals · 2 businesses · Enterprise AI
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Have a deal to share or interested in investing? We'd love to hear from you.
Insights & Market Updates
View all →
Why Multifamily Is Still the Best Risk-Adjusted Play in 2026
Market analysis and insights from our team on where we see the strongest opportunities.
March 2026
How We Evaluate Fix & Flip Opportunities
Our underwriting process, step by step, from sourcing to close.
March 2026
The Case for Light Industrial in Secondary Markets
Demand drivers and where we see opportunity in logistics and flex space.
March 2026