Founded in 2009, GAIA has completed over $2.79 billion in real estate transactions – primarily in the multifamily, condominium, and office sectors. GAIA acquires properties that can be enhanced by hands-on management with rigorous execution of a comprehensive business plan. GAIA also invests in real estate technology ventures aimed at revolutionizing the real estate industry.

INVESTMENT CRITERIA

GAIA’s hands-on investment strategy focuses on the following criteria:

Asset Class Preference

  • Multifamily Properties – Core-Plus and Value-Add in Large MSAs
  • Condominium Conversion – New York MSA
  • Opportunistic Repositioning of Unsold Condominium Units and Distressed Investment Opportunities Requiring Additional Capital and/or Operational Expertise
  • Opportunistic Investments in Emerging Neighborhoods within New York MSA

Geographic Location

  • Primary and Secondary US Markets
  • Specific Markets of Interest – East Coast and Sun Belt Regions

Market/Opportunity Characteristics

  • Major Metropolitan Areas
  • Markets with Sustainable Renter Population and Stable, Diverse Employer Base
  • Strong Market Fundamentals
  • Compelling Supply/Demand Imbalance
  • Stable Cashflow and Potential NOI Growth
  • Flexible Product/Property Allowing Multiple Exit Strategies
  • Acquisition of Property Below Replacement Cost

Deal Size

  • $20 million and Above
  • Preferred Size: $50 – $500 million, Preference to Portfolios and Larger Transactions
  • Smaller Transactions Considered in New York MSA – $5 million and Above

Projected Leverage

  • Contingent Upon Product Type and Strategy
  • All-Cash Transactions Potentially Feasible

 

Please contact acquisitions@gaiare.com with any inquiries regarding acquisitions or dispositions.

Station R

Year Acquired: 2017
Location: Atlanta, GA
Station R is a Class A, 285-unit, mid-rise, multi-family property located in East Atlanta’s historic and walkable residential neighborhood of Reynoldstown. The property was built in 2017.
Website

The Carillon

Year Acquired: 2017
Location: Nashville, TN
Carillon is a Class A, 306-unit, mid-rise, multi-family property located in Nashville's historic and hip residential neighborhood of Germantown. The property was built in 2016.
Website

Stamford Portfolio

Year Acquired: 2016
Location: Stamford, CT
The portfolio includes five Class A multi-family properties located in Stamford, CT. The portfolio consists of Postmark, 111 Harbor Point, Vault, The Key at Yale & Towne, and The Lofts at Yale & Towne, and comprises 1,214 apartment units. The properties were built between 2010 and 2014.
Website

12 West 104th

Year Acquired: 2019
Location:
The 16-unit building is ideally located near Manhattan's Central Park and is operating under GAIA's Oteli platform. The Oteli-branded property will be leased to corporate and short-term tenants.
partially realized investment

Houston Portfolio II

Year Acquired: 2015
Location: Houston, TX
Located in the Spring Branch, Bear Creek, and Champions East submarkets of Houston, TX, the portfolio comprises 1,376 units spread throughout five garden-style multi-family properties. These properties include Copperfield Apartments, Cashel Springs, Coventry Square, Peppermill Place, and Easton Village.
realized investment

Whispering Winds

Year Acquired: 2013
Location: Pearland, TX
Conveniently located in the City of Pearland, TX, Whispering Winds comprises 20, two-story buildings containing 286 units with 5 different floor plans. The apartments were built in 1986.
realized investment

Ranch at City Park

Year Acquired: 2013
Location: Houston, TX
Sold in 2016, Ranch at City Park in Houston, TX is a 270-unit, garden-style apartment community built in 2004.
realized investment

Cypress Commons

Year Acquired: 2013
Location: Houston, TX
Sold in 2016, Cypress Commons in Houston, TX is a 252-unit, garden-style apartment community built in 1998.

Winchester Park and Woods

Year Acquired: 2013
Location: East Providence, RI
Located in the high-demand Riverside neighborhood of East Providence, RI, Winchester is comprised of 478 units across 63 buildings. Winchester Park and Woods consist of two- and three-story garden-style and townhouse-style apartment buildings and a single-story clubhouse building. Amenities include resort style swimming pool, children's playground, dog park, business center and fitness center
Website
realized investment

Houston Portfolio I

Year Acquired: 2013
Location: Houston, Pearland, and Humble, TX
The portfolio is well located within the Medical Center, Northwest, and Houston North submarkets of Houston, Pearland, and Humble, TX, and consists of 2,594 units spread throughout nine Class-A garden-style multi-family assets. Each individual property ranges in size from 200-400 units. The portfolio includes Lighthouse at Willowbrook, Villas at Coronado, Enclave at Mary's Creek, Club at Copperleaf and Veranda at Centerfield.
realized investment

Avon Place

Year Acquired: 2012
Location: Avon, CT
Avon Place is a 188-unit condo property spread across three residential buildings in Avon, CT, one of the most affluent towns in the state. The property also includes an office/clubhouse and was built in 1973.
realized investment

Steeples Apartments

Year Acquired: 2012
Location: Houston, TX
Well located in the Westchase submarket of Houston, TX, Steeples is a 408-unit, two-story, garden-style apartment community on 11.35 acres. It was built in 1978 and renovated in 2008.
realized investment

Township Apartments

Year Acquired: 2012
Location: Houston, TX
Sold in 2014, Township Apartments in Houston, TX is a 300-unit, garden-style apartment community built in 1974. The property includes one-, two-, and three-bedroom units.
realized investment

Mansions of Shadowbriar

Year Acquired: 2012
Location: Houston, TX
Well- located in the fast-growing, business-friendly, affordable yet high quality lifestyle area Westchase, Houston.   Mansions of Shadowbriar is a 328-unit luxury, garden-style property in the desirable Westchase area of Houston, TX. The development is situated on 12.54 acres of land, spread over 82 different buildings. Originally constructed as a condominium development, but partially converted into a rental property, the acquisition includes only the multi-family portion of this property - 259 rental units.
realized investment

Prospect Pointe

Year Acquired: 2011
Location: Jackson, NJ
Prospect Pointe is a high-quality apartment complex consisting of 372 units, a fitness center, and leasing office. The property includes one- and two-bedroom units.
realized investment

The Renaissance

Year Acquired: 2011
Location: East Orange, NJ
The Renaissance is centrally located in East Orange, NJ, approximately 15 miles from Manhattan. The property includes one- and two-bedroom units and gated parking areas. Amenities include a fitness room, laundry facility, steam room, and storage space.
realized investment

The Grand

Year Acquired: 2011
Location: East Orange, NJ
The Grand is a well located, condo-quality building approximately 15 miles from Manhattan. The property includes one- and two-bedroom units and a gated parking area. Amenities include a large pool with cabanas, fitness room, sauna, steam room, and concierge.
realized investment

Park View

Year Acquired: 2010
Location: East Orange, NJ
Sold in 2013, Park View is well located approximately 15 miles from Manhattan. The 20 story high-rise building encompasses 337,455 rentable square feet, 265 residential units and ground floor commercial space. The property was designed by Morris Lapidus, the architect of the famed Fontainebleau Hotel in Miami Beach and was substantially renovated by GAIA.
realized investment

Colchester Gardens

Year Acquired: 2010
Location: Colchester, CT
Colchester Gardens consists of 92 townhouse-style units spread over 7 buildings on an expansive 26.4 acres. Named by CNN as one of its "100 Best Places to Live," Colchester possesses a median household income well above statewide and national averages and both property and sub-market occupancy have historically remained at approximately 95% since acquisition.
realized investment

Cranes Landing

Year Acquired: 2012
Location: Winter Gardens, FL
Constructed in 1990, Cranes Landing consists of 252 garden style apartment homes, Cranes Landing features one, two and three bedroom floorplans. Amenities include swimming pool, fitness center and picnic areas
realized investment

Canyon Creek Village

Year Acquired: 2012
Location: Phoenix, AZ
Constructed in 1985, Canyon Creek Village consists of 440 garden style apartment homes, featuring two and three story buildings and abundant common area amenities including two swimming pools, resident clubhouse with second-floor sun deck, fully-equipped fitness center, tennis and sports courts, and an on-site laundry facility. The community is adjacent to a park and across the street from a community center providing tennis courts, a swimming pool, and a basketball court. Spacious one, two, and three-bedroom floor plans feature well-appointed kitchens, ceiling fans, walk-in closets (select units), private patios/balconies, and fireplaces
realized investment

The Equestrian

Year Acquired: 2012
Location: Phoenix, AZ
Constructed in 1986, The Equestrian consists of 220 apartment homes, featuring one and two bedroom floorplans. Amenities include swimming pool, fitness center and picnic areas
realized investment

Park Ridge

Year Acquired: 2012
Location: Phoenix, AZ
Constructed in 1983, Park Ridge consists of 168 garden style apartment homes, featuring one and two bedroom apartments. Amenities include swimming pool, fitness center and picnic areas.
realized investment

Meadowchase

Year Acquired: 2012
Location: Houston, TX
Constructed in 1974, Meadowchase consists of 282 garden style apartment homes. Amenities include swimming pool, fitness center and picnic areas. Meadownchase is located in the Houston, Texas.
realized investment

Eagle Point

Year Acquired: 2012
Location: Fort Worth, TX
Constructed in 1986, Eagle Point consists of 240 garden style apartment homes. Amenities including swimming pool, fitness center, basketball court, sand volleyball, dry sauna, hot tub, picnic areas with grills and clothing care center
realized investment

Enclave at Cityview

Year Acquired: 2012
Location: Fort Worth, TX
Constructed in 1986, Enclave at Cityview consists of 416 garden style apartment homes, featuring one, two and three bedroom apartments. Amenities include two swimming pools, fitness center, spa, duck pond, three clothing care centers and covered parking
realized investment

Lofts on Hulen

Year Acquired: 2012
Location: Fort Worth, TX
Constructed in 1985, Lots on Hulen consists of 325 garden style apartment homes. Amenities include swimming pool, fitness center, clubhouse, racquetball court, sand volleyball court, tennis courts, children's playground, duck pond, clothing care center, covered parking and controlled access gates
realized investment

5 West 91st Street

Year Acquired: 2010
Location: New York, NY
Sold in 2013, 5 West 91st Street is a fully occupied, 6-story elevator building encompassing 48 residential units and approximately 52,375 rentable square feet. The property benefited from significant capital improvements and unit renovations. With an unrivaled location immediately off of Central Park West, the building is within walking distance of many of the city's most famous cultural landmarks, museums and restaurants
realized investment

Surrey Oaks

Year Acquired: 2012
Location: Dallas, TX
Constructed in 1985, Surrey Oaks consists of 248 apartment homes, featuring one and two apartments. Amenities include a swimming Pool, fitness center, tennis courts, gazebo, picnic area with BBQ grills and two clothing care centers
realized investment

The Savoy

Year Acquired: 2012
Location: Fort Worth, TX
Constructed in 1983, The Savoy consists of 152 one and two bedroom garden style apartment homes, this beautiful property has stellar amenities including two swimming pools, basketball court, gazebo, fitness center, picnic area with BBQ Grills, playground, clothes care center and covered parking
realized investment

Summer Point

Year Acquired: 2012
Location: Glendale, AZ
Constructed in 1980, Summer Point consists of 165 garden style apartment homes. Amenities include swimming pool, fitness center and picnic areas. Summer Point is located in the desirable Glendale area
realized investment

Stillwater Apartments

Year Acquired: 2012
Location: Glendale, AZ
Constructed in 1986, Stillwater Apartments consists of 516 garden style apartment homes. Amenities include swimming pool, fitness center and picnic areas. Stillwater Apartments are located in Glendale, AZ.
realized investment

Off Broadway

Year Acquired: 2012
Location: Meza, AZ
Constructed in 1986, Off Broadway consists of 320 garden style apartment homes. Amenities include swimming pool, fitness center and picnic areas. Off Broadway is located in Meza, AZ
realized investment

Park Pointe North

Year Acquired: 2012
Location: Atlanta, GA
Constructed in 1990, Park Pointe North consists of 770 garden style apartment homes, featuring one and two apartments. Amenities include swimming pool, fitness center and picnic areas. Park Pointe North is located in Atlanta, GA

Park Place at Turtle Run

Year Acquired: 2012
Location: Cold Springs, FL
Constructed in 1989, Park Place at Turtle Run consists of 350 garden style apartment homes, featuring one and two bedroom units. Amenities include swimming pool, fitness center and picnic areas. Park Place at Turtle Run is located in Cold Springs, FL
Website
realized investment

Woodland Meadows

Year Acquired: 2012
Location: Tamarac, FL
Constructed in 1974, Woodland Meadows consists of 296 garden style apartment homes, featuring one and two apartments. Amenities include swimming pool, fitness center and picnic areas. Woodland Meadows is located in Tamarac, FL

Bellevue Heights

Year Acquired: 2012
Location: Nashville, TN
Constructed in 1985, Bellevue Heights consists of 225 garden style apartment homes, featuring one and two bedroom apartments. Amenities include swimming pool, fitness center and picnic areas with grills. Bellevue Heights is located in Nashville, TN
Website
realized investment

Shadowbluff

Year Acquired: 2012
Location: Nashville, TN
Constructed in 1985, Shadowbluff consists of 220 garden style apartment homes, featuring one and two apartments. Amenities include swimming pool, fitness center and picnic areas. Shadow Bluff is located in Nashville, TN
realized investment

Waterford Apartments

Year Acquired: 2012
Location: Converse, TX
Constructed in 1979, Waterford Apartments consists of 580 garden style apartment homes. Amenities include resort style pool, fitness center, dog park, business center and picnic areas with grills. Waterford Apartments is property is located in Converse, TX

Woods at Lakeshore

Year Acquired: 2012
Location: Fort Worth, TX
Constructed in 1985, Woods at Lakeshore consists one and two bedroom apartment homes. Amenities include resort style pool, fitness center, duck pond and picnic areas with grills. Woods at Lakeshore is surrounded by lush greenery and is pet friendly
Website
realized investment

Cedar Glen

Year Acquired: 2012
Location: Dallas, TX
Constructed in 1986, Cedar Glen consists of 218 garden style apartment homes, featuring one and two apartments. Amenities include a swimming pool, fitness center and picnic areas. Cedar Glen is located in Dallas, TX
realized investment

The Corners

Year Acquired: 2012
Location: Dallas, TX
Constructed in 1983, The Corners consists of 85 garden style apartment homes, featuring one and two bedroom apartments .Amenities include a swimming pool, fitness center and picnic area. The Corners is located in Dallas, TX
realized investment

Wooded Creek Apartments

Year Acquired: 2012
Location: DeSoto, TX
Constructed in 1983, Wooded Creek Apartments consist of 196 garden style apartment homes, featuring one and two bedroom apartments. Amenities include a swimming pool, fitness center and picnic area. Wooden Creek is located in DeSoto, TX
realized investment

Creekside Apartments

Year Acquired: 2012
Location: Fort Worth, TX
Constructed in 1984, Creekside Apartments consists of 164 garden style apartment homes, featuring one and two bedroom apartments. Amenities include resort style pools, fitness center, picnic areas, clubroom and laundry facilities.
realized investment

Fairway on the Park

Year Acquired: 2012
Location: Fort Worth, TX
Constructed in 1985, Fairway on the Park consists of 402 garden style apartment homes. Amenities include a swimming pool, fitness center and picnic areas with grills. Fairway on the Park in Fort Worth, TX
realized investment

Windsor Court

Year Acquired: 2012
Location: Lewisville, TX
Windsor Court consists of 280 garden style apartment homes. Amenities include a swimming pool, fitness center, recreational area, playground, spa and sports courts. Windsor Court is located in Lewisville, TX

Bent Creek Apartments

Year Acquired: 2012
Location: McKinney, TX
Constructed in 1984, Bent Creek is located in a residential area in McKinney, TX. The spacious one and two bedroom apt home were designed for comfort and convenience and offer fireplaces, walk-in closets with patios or balcony's. Bent Creek Apartment is pet friendly community and features two refreshing swimming pools, a fitness center and play area    
Website

Heritage Place

Year Acquired: 2012
Location: McKinney, TX
Constructed in 1980, Heritage Place consists of one and two bedroom apartment homes. Amenities include a resort style swimming pool, fitness center and a picnic area with grills. Heritage Place is located in the ideal McKinney neighborhood    
Website
realized investment

Churchill Crossing

Year Acquired: 2012
Location: Mesquite, TX
Constructed in 1984, consisting of 344 garden style apartment homes, featuring one and two bedroom apartment. Amenities include resort style pool, fitness center and picnic areas with grills.
realized investment

Stone Ridge

Year Acquired: 2012
Location: Mesquite, TX
Constructed in 1984, Stone Ridge consists of 383 garden styles apartment homes, features one and two apartment. Amenities include resort style pool, fitness center and picnic areas with grills. Stone Ridge is located in the desirable Mesquite neighborhood

Hunter's Glen Apartment

Year Acquired: 2012
Location: Plano, TX
Constructed in 1980, Hunter's Glen consists of 276 garden style apartment homes.  Hunter's Glen boast mature landscaping throughout a blend of one and two story apartment homes. Amenities include resort style pool, fitness center, tennis courts and picnic areas with grills.  
Website
realized investment

Wallingford Apartments

Year Acquired: 2012
Location: Houston, TX
Constructed in 1981 Wallingford Apartments consists of 462 garden style apartment homes featuring one, two and three bedroom apartments. Amenities include a swimming pool, fitness center and picnic areas with BBQ grills.