
Organization / Workplace
Sullivan CommunitiesLocation
JERSEY CITY, NJ United StatesOccupation
Real Estate InvestorIndustry
RealEstate
Website
werevitalize.comAbout
Sullivan Communities (Sullivan) is a vertically integrated real estate investment, management and community development firm. Sullivan specializes in the acquisition and repositioning of 50 - 200 unit under-performing B and C class multifamily / mixed-use buildings and complexes. Target 14-16% repositioning cap rates and 30% IRR’s Focus on niche and difficult-to-source properties Experienced acquisition, repositioning, management and sale of multifamily and mixed-use assets Niche acquisition strategy focused on submarkets where new construction is limited Recession resistant properties 20-30% returns on capital improvements Tax efficient: opportunity zones Minority owned firm