Hope Housing Partners is a real estate investment company that creates multi-family rental housing through the opportunistic acquisition, value-added repositioning, redevelopment and adaptive re-use of underperforming real estate properties. HHP pursues a variety of acquisition strategies including the acquisition of functionally or economically obsolete properties; underperforming, undercapitalized or poorly managed properties; distressed and maturing debt and other special situations. Prospective opportunities are focused on acquiring properties at a discount to replacement cost or on an economic basis that supports attractive risk adjusted returns. HHP identities prospective opportunities across selected markets in the Gulf States and Southeast with stable employment and household growth, but where market conditions are generally not supportive of new construction.
The HHP team of industry veterans combines extensive experience spanning acquisitions, ground-up development, adaptive re-use, construction, capital formation, zoning/municipal relations and asset management across conventional multi-family, mixed-use and student housing properties. In addition to its knowledge and connections to the targeted markets, HHP has unique access to off market and pre-market non-performing debt or property transactions through relationships with lenders and servicers which provides a significant competitive advantage.
After collaborating on several significant development projects from 2015 to 2018, the individuals comprising the HHP leadership team realized they shared a common vision. Each member had spent decades solving complex issues within their respective real estate practices, possessed an entrepreneurial spirit, and were dedicated to creating multi-family rental housing choices to meet the enormous demand in the middle market. HHP was formed to provide a vehicle to jointly pursue these opportunities with selected capital partners.
Whether an opportunity resulting from student housing conversions, value-additive acquisitions, ground up development, redevelopment, or adaptive reuse of strategic properties, HHP is exceptionally well-positioned to execute on its strategic plan and has the team to do so.
Imagine
Engage
Execute
With a diverse collection of expertise, the HHP leadership team boasts industry leaders who have:
Collectively, over the span of four decades, the HHP team has executed thousands of real estate transactions across all property types. With a focus on multi-family assets, HHP seeks core plus, value-add and opportunistic real estate investments. With each investment, the HHP team employs a data-driven approach while drawing on the resources, experience and relationships that have delivered exceptional, repeatable results.