Pursuit Impact strives to balance investor returns with societal needs to acquire multifamily and MHP properties primarily through joint venture and direct vehicles. We partner with high net worth individuals, family offices and institutions to deploy impact capital, with a primary focus on
Manatee and Sarasota (FL) Counties.
Our business plan focuses on recession-resistant attainable housing. Our mission is to retain the affordability while providing safe, well-located housing to our tenants and attractive returns for our partners.
The Principal of Pursuit Impact was directly involved in over $300M of LP and GP equity investments and asset management since 2009, predominantly in multifamily assets. With a team of strategic partners and advisors, Pursuit Impact looks to replicate the past success of this portfolio with future investors.
Asset Classes
Multifamily and other tangential assets such as mobile home parks and senior housing
Business Plans
Well-located attainable housing and traditional value-add
Locations
Primary targets areas of Manatee/Sarasota and Tampa/St. Petersburg
Investment Periods
Target hold periods of 5-10 years with potential mid-hold refinancing
Deal Sizes
All properties will be considered
Direct/JV: 5-50 units
Syndication: 50-150 units
Yield Targets
15%+ overall yields to investors with average 6-8% annual dividends
