Flagstone Holdings is aggressively pursuing acquisition and development opportunities to build a $100 million portfolio of student-housing properties across the United States.
Flagstone Holdings works with a variety of sellers, from local owners and operators to large vertically integrated fee developers. We can work directly with sellers or through brokers to acquire property.
Potential acquisitions should meet the following criteria:
| Location: | | In the United States |
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| Market: | | Near major universities/colleges with a combined student population of more than 10,000 |
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| Property Size: | | 85 - 400 units |
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| Deal Size: | | Single property acquisitions or portfolios of at least $8 million |
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| Type: | | Conventional or rent-by-the-bed/fully furnished |
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| Vintage: | | Built after 1970 |
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| Student
Concentration: | | Students must be 40% or more of tenants |
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Submissions/
Information: | | To assist our preliminary analysis, please submit the following information to Flagstone Holdings:
- Full property description
- Current tax bill
- Current rent toll
- Terms of financing (if assumable)
- Location map
- 3 years of historical operating statements (if available)
- Color photographs
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