The Affordable Housing Crisis
SHIR Hotel Conversion = Affordable Units
Recession Proof Business Plan
True Community Feel
Ballrooms → Amenities
Full Amenity Package
Affordable Units for All
Institutional Management
Top Safety & Oversight
In-Unit Cooking Facilities
PROJECTS w/ AFFORDABLE HOUSING
The Veer, Austin, TX
Acquired: December 2020
Type: Hotel to Multifamily
Unit Count: 174
Completion: Est. Q1 2024
The Alma, Austin, TX
Acquired: August 2020
Type: Hotel to Multifamily
Unit Count: 172
Delivered: Q3 2022
The Hedge 2, Austin, TX
Acquired: August 2020
Type: Hotel to Multifamily
Unit Count: 155
Delivered: Q2 2023
Acquired: March 2020
Type: Hotel to Multifamily
Unit Count: 226
Delivered: Q2 2022
Sold: Nextloft Apartments, Beaufort, SC
Acquired: January 2018
Type: Ext. Stay to Multifamily
Purchase: $5.0MM
Total Capital: $10.1MM
Unit Count: 148
Delivered: Q1 2020
Acquired: April 2018
Type: Ext. Stay to Multifamily
Purchase: $4.5MM
Total Capital: $7.4MM
Unit Count: 96
Delivered: Q1 2020
Sold: Terrain Pittsburgh, PA
Acquired: December 2015
Type: Ext. Stay to Multifamily
Purchase: $6.3MM
Total Capital: $13.7MM
Unit Count: 152
Delivered: Q2 2018
AFFORDABLE HOUSING PARTNERSHIPS
