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2024 Goals and Beyond:
Our strategy for the upcoming year is focused and pragmatic, aligning closely with current market predictions. We aim to expand our portfolio significantly with two developments, two multifamily properties, and two storage facilities. This expansion targets a $50M acquisition pipeline across 200 MF units and 100k SF of storage, underpinned by our goal to grow our team to 30 employees, including enhanced marketing and HR departments.
Key to our strategy is capitalizing on Vision 2028, which we anticipate will drive a unique market cycle beginning in 2024, bringing our investment thesis back home to LA. The 2028 LA Olympics is expected to mark a period of significant recovery and growth, particularly for local development projects. Concurrent plans in Los Angeles include the Dodger Stadium Gondola project, the Clipper’s Intuit Dome in Inglewood, UCLA’s acquisition of the old Westside Pavillion Mall, and Apple's new campus in Culver City. As much of the pandemic-era markets continue to struggle with oversupply, we are purely focused on Connecting Communities in our backyard - Los Angeles, leveraging its limitless potential for growth and stability in a fluctuating market.
- Chaplon Mu, Principal
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