Focused Strategy - Overview

Consistent with its core philosophy and principle business values, Connell has developed a focused strategy to seek capital appreciation and income generation through the ownership of high-quality multifamily Class A properties. Connell is targeting U.S. properties with strong cash flows, in city-centers with projected growth, and which are expected to protect against (as well as benefit from) inflationary pressures over the targeted hold period.

Since the goal is long-term ownership, Connell applies conservative underwriting guidelines for any acquisition or development project and prefers to limit the amount and type of debt capital utilized.  An integral component to our long-term strategy is the preferred use of fixed-rate, fully amortizing debt to avoid exposing our real estate holdings to unforeseen changes in interest rates and liquidity in the real estate capital markets.

Connell views its strategy of acquiring multifamily properties as owning fixed-income type assets with inflation protection and believes long-term ownership of properly managed multifamily housing will prove itself an important component of any balanced portfolio. Connell’s focused strategy is a continuum of the firm’s historical adherence to protecting its capital against the erosion of inflation by owning physical assets for future income generation.