CONTI Capital has partnered with iCapital to offer investment opportunities in CONTI’s U.S.-based, multifamily real estate funds.
“We’ve seen a surge of interest from investors seeking access to U.S. real estate investments for portfolio diversification, capital preservation, and income enhancement,” says Carlos Vaz, founder and CEO of CONTI Capital. “We’re pleased to introduce broader access to CONTI Capital’s investment strategies and funds to the financial advisory community and their accredited clients. iCapital’s technology and service platform offers investors transparency, efficiency, and a user-friendly, digital investment experience.”
Lawrence Calcano, Chairman and CEO of iCapital, says: “We’re thrilled to be working with CONTI Capital, a recognized leader in multifamily real estate investing, to bring efficiency and ease to the alternative investing process for advisors and their clients.”
Investment fund focused on multifamily properties in the U.S. Sun Belt
iCapital’s platform now features the CONTI RE High-Growth Fund IV, a $200 million fund concentrated on acquiring multifamily properties in select rapidly growing U.S. Sun Belt markets. Focused on newly built, Class A multifamily properties, the Fund has already acquired properties in Tampa and Orlando, Florida, and Austin, Texas. The Fund will seek a target return of 10-14% IRR3 (net of all fees and expenses) with approximately a 3–5-year hold period.
“The Sun Belt states boast solid job markets with a combined GDP of $6.23T4, pro-business environments, and a low cost of living, so the pressure of migration to those states continues to have housing demand outstrip supply. Coupled with inflation pressures and record-high home sales prices, the demand for rental properties remains strong,” Vaz continues. “At CONTI Capital, we feel the multifamily sector is a strong investment choice, regardless of market conditions, because everyone needs a place to live. Our analysis demonstrates that necessity-based CRE is far more resilient during economic downturns than other product types.”
Investment approach is driven by real-time, data-led research and analysis
“This past year, in 2022, CONTI quickly adapted to market changes and sold the most assets in the company’s history, 14 of which consisted of 3,989 units when Fund I and Fund II were fully realized,” states Vaz. “We continue to prepare for other opportunities by constantly monitoring the economic and demographic drivers affecting the multifamily industry. To ensure we are at the forefront of market dynamics and able to use data to support our portfolio acquisition strategies, we embraced technology in a very dynamic way.”
CONTI’s proprietary data modeling tool, the CONTI Index, tracks more than 400 weighted indicators from millions of data points and is grouped into six categories: housing supply and affordability, demographics, labor market durability, risk and reward, quality of life, and fiscal health. Based on rankings generated by the CONTI Index, the company releases its Top 10 Markets for Multifamily Investment Report semi-annually and its quarterly CONTI Report for insights impacting real estate investing.
