CASE STUDIES
Our case studies illustrate the ways Alpha Capital Partners unlocks value with our subsidary companies – Theta Construction Services and Alpha Residential Management.
Our Case Studies
Navigating the real estate market can be tricky. Whether you are a real estate investor looking to see a short-term or long-term return on investment, our investment strategies can support your investment goals.
If you have any questions about topics such as commercial real estate, property taxes, or how to become an accredited investor, we can help; explore our case studies or refer to our FAQ page for more insights. We are here to provide you with information, do not hesitate to contact us directly.
Creating Thriving Communities
700 Soho
- Location: Kalamazoo, MI
- Website: www.700soho.com
- Fund: ARG I
Alpha officially acquired the asset 700 SoHo in August 2018, which consists of 122 units (484 beds). Although initial underwriting assumed units would have construction overturns over the course of two years, the rapid renovation value-add strategy began in April 2019 and concluded four months later in July, effectuating an accelerated tenant lease-up process and achieving increased rental rates for the fall semester.
Asset Re-stabilization
Vitae Residences
- Location: Denton, TX
- Website: www.liveatvitae.com
- Fund: ARP II
In December 2018, Texas Woman’s University (TWU), a 5-year leaseholder, at Vitae Residences (Vitae) decided not to renew its lease with Alpha Capital Partners. The lease contract was an exclusive lease with the school to provide off-campus housing to its upperclassmen students. Given the unforeseen change in the business strategy for Vitae, a top 10 property management company, which specializes in student housing, was hired to manage and lease-up the property for the 2019/2020 academic year. While the PM company made some traction in the market, the property achieved 70% occupancy by the start of the academic year and remained stagnant for the duration of the Fall semester.
Marketing Blitz
Southern Downs
- Location: Statesboro, GA
- Website: www.southerndownsapartments.com
- Fund: ARG I
Pre-leasing for the Southern Downs property is typically slow in the early months of the year, coupled with a saturated and competitive student-housing market, property managers need to be proactive in their leasing efforts to recapture their annual market share of residents. On Thursday, 2/6/20, a team member utilized our robust and proprietary communication platform and shared local news from Statesboro stating that a 150-bed dormitory would be closed by Summer 2020.