United States

US Residential

GTIS has emerged as a leading residential investor in the United States following the Global Financial Crisis. With a portfolio footprint in 42 major markets predominantly in the “smile” of the country, the strategy focuses on above average market fundamentals to achieve superior asset and market selection. To date, GTIS has committed approximately $2.2 billion of total equity in over 120 assets comprised of over 64,000 residential units across four primary residential strategies: home building, land and master plan development, urban infill acquisitions and development, and single-family for rent.

HomeBuilding

Land and Master Plan
Development

Urban Infill Acquisitions
and Development

Home Building

Acquisition of discounted land and home building assets from motivated sellers in markets with normalizing supply and relative affordability

Completion of infrastructure buildout and sales of lots to home builders, or construction and sales of homes to final buyers

Smaller size deals that are near term actionable due to the severe slowdown in building during the recession

Land and Master Plan
Development

Development of master planned communities located in major markets with strong population and employment drivers, and a looming shortage of housing

Locations with good access to employment, retail, and highly rated schools

Value primarily from development to demonstrated current demand and pricing completion of master planning and land development, with exit through lot sales to builders

Urban Infill Aquisitions
and Development

Residential condominium development in urban markets with significant barriers to entry

Acquisition or development of multi-family rentals in markets with strong employment and low vacancy

Acquisition of existing assets in infill locations that suffer from encumbrances such as below-market leases, rent control or ownership dispute