Chicago urban-infill, Transit Oriented and surrounding suburbs. Additional markets are pursued based upon demographics and opportunities for strategic partnerships. Potential expansion markets include Milwaukee, Minneapolis, Detroit, St. Louis and Indianapolis.
Returns ranging from core to value add to opportunistic are pursued. Location, risk profile, asset type and hold period all factor into the acceptable level of return.
$1,000,000 – $10,000,000
Opportunistic and value added investments with repositioning opportunity
Core holdings in prime locations with solid long-term growth and cash flow
Land zoned for residential or mixed use development
Joint ventures with local operating partners and institutional funds
Monroe Residential Partners LLC
Chicago urban-infill, Transit Oriented and surrounding suburbs