In 2014 we purchased our first multi-family property in Newburgh, New York. The property had been deteriorating for over a decade and needed a complete renovation. We spent the next twelve months thoughtfully putting our historic property back to the way it was in 1925.
Shortly after completion we acquired six more multi-family properties in the historic section of Newburgh and renovated them.
Fast forward to 2018, and we now own multi-family properties in Newburgh, Highland, Kingston, Kerhonkson, Lake Katrine, and Poughkeepsie. We also acquired land for ground-up multi-family developments coming in 2019 and 2021.
Though our business model originated in buy and hold multi-family properties, we have shifted some focus to buy and sell residential renovations. We plan to continue adding multi-family properties to our portfolio along with growing our fix and flip business.