Azora Exan has a deep-rooted expertise in the Living sector and considers that the US Residential market, and in particular the market rent segment, with its high growth and fragmented ownership structure, continues to offer numerous investment opportunities for risk-adjusted generation of value through repositioning, active management and portfolio creation.
In March 2021, Azora Exan, formed a JV with One Real Estate Investment Holdings to launch a $200M equity fund with the aim of purchasing on garden style apartment communities with potential for repositioning across the US Sunbelt.
ONE Azora Exan uses a balanced investment strategy, targeting underinvested and/or undermanaged multifamily assets with large potential for repositioning through smart and tactical capex programs, and active asset management initiatives. This strategy seeks to create and unlock value, driving durable cash flows and delivering superior returns to shareholders and a better quality of life to the tenants of the properties.