CASE STUDIES
See the latest in our multi-million dollar diversified commercial real estate portfolio
N.O.A.H.
San Antonio, TX
Jevan acquired 224 unit property in prestigious Alamo Heights. Successfully implemented rebranding and renovation resulting in rental rate increase of 63%.
The Halifax Apartments
Phoenix, AZ
Jevan acquired and converted 300 condominiums into a single-owner apartment complex with a total cost of $15mm. Followed by a $19mm renovation which addressed the failed structural and cosmetic elements of the property, the property was sold for $76mm in 2021.
Duo
Phoenix, AZ
In October of 2016, Jevan acquired the 121-unit Casa Blanca in Phoenix, AZ in the up-and-coming Melrose District. With a walk score of 77 DUO offered residents a, somewhat unique to Phoenix, walkable lifestyle in the heart of Midtown.
Dimension on 27th
Phoenix, AZ
Jevan identified an opportunity at a “Distressed” property near a large urban university. Through extensive upgrades to the property, rebranding and Jevan’s professional management team rents increased 83%.
Azura Apartments
Phoenix, AZ
Jevan acquired Azura with an extensive issue with plumbing that was costing the property money. Through renovations, Jevan was able to reduce utility expenses by $56,000 and increased the property value by 75% in just two years.
The Fordham
Phoenix, AZ
Jevan purchased this asset as Phoenix Office Market had begun to trend positive. After the renovations were completed, there was dramatic 57.7% increase in asset value from 2016 to 2017
Pueblo Nuevo
Phoenix, AZ
After the purchase of the office complex Pueblo Nuevo, a plan was initiated for moderate upgrades to update courtyards and common areas. Since then, we had a sizeable 34.25% increase in asset value from $7.3M in 2016 to $9.8M in 2017.
Abode Apartments
San Antonio, TX
Jevan was able to purchase the well located 104 unit La Maison Apartments. After implementing property rebranding and renovation, rental premium resulted in a 25% return on investment. Investor cash distributions now average 35.9% cash on cash return.
The Fredd Townhomes
San Antonio, TX
Based upon strong performance and excellent location, Jevan is continuing to hold the asset and successfully grew NOI 40.1% and rents 29.6% since the time of acquisition.
Austin, TX Portfolio
Austin, TX
Jevan purchased three properties known as The Triplets in 2013. Through enhancements we were able to increase revenue by $450,000 in just 12 months while using energy efficient upgrades to slash expenses by almost $250,000.
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