Identify Growth
Investing in neighborhoods that are undervalued, in a current growth stage, and have complementary development projects in the surrounding areas.
Improving Neighborhoods. Uncompromising Quality of Life.
Investing in neighborhoods that are undervalued, in a current growth stage, and have complementary development projects in the surrounding areas.
Exercising a thorough and exhaustive due diligence of all projects undertaken for development to ensure that the full feasibility and risk assessment of the project has been examined.
Utilizing low interest rate loans.
Utilizing a team of well seasoned architects, attorneys, and contractors who are capable and have an established track record of exceptional performance.
Minimizing acquisition costs for properties by investing in a portfolio that balances HPD, HUD, and government or city disposed housing stock with a select number of open market property acquisitions;
Limiting cash flow risk by hiring exceptional property management companies to ensure the long term viability of the investment by maintaining a vacancy rate of less than 5%;
Taking advantage of city based tax abatement programs. These tax abatement programs will allow La Cité to take advantage of a 15 to 20 year tax exemption allowing the projects to cash flow more than anticipated;
Taking a substantial equity position alongside investors in all development projects, meaning that La Cité Development and the company’s partners are directly participating in the risks and thereby ensuring that the utmost measures have been taken to deliver optimal investor returns.