Founded in 2012, Sunstone is a privately-held operator, developer, and fund manager of multifamily real estate assets. Headquartered in Southern California, Sunstone creates efficient, secure, and quality apartments for working-class individuals and families located in affordable communities in the Sunbelt and Mountain States.
Our people and reputation are Sunstone’s greatest assets . our mission is to protect the investors capital and deliver compelling returns through every phase of the economic cycle.
By selectively acquiring existing apartment communities and increasing NOI through well-thought-out physical and operational improvements, Sunstone maintains a conservative risk profile while generating compelling returns to investors.
Multifamily assets provide a place to live for many US households, a priority even when economic circumstances put pressure on discretionary spending habits. Current trends have increased demand for rental housing, including changes in lifestyle preferences and decisions to wait longer to start families. The sharp rise in home prices has forced many would-be homebuyers out of the market and multifamily rentals reap a significant share of this increasing demand. Unlike other real estate asset classes, revenue risk is spread over many tenants and is not dependent on the performance of a few major tenants.
Sunstone is a direct investor in real estate assets. By removing the need for other sponsors or funds, Sunstone can control costs, efficiency and quality – generating higher net returns to our investors. Sunstone’s principals and senior management staff have substantial real estate expertise, gained throughout varied economic cycles. Risk management is deeply instilled in our investment process. Attention to detail, no matter how small, is the key to Sunstone’s outstanding performance. Throughout the investment cycle, each business discipline focuses on the details to maximize returns. John Maddux and John Hansen founded Sunstone with the vision of building a company that generated compelling returns and protected investor capital with a team of great people. As a result, Sunstone’s teams work collaboratively in a congenial but hardworking atmosphere for optimal results. Sunstone operates a fully integrated platform allowing the firm to acquire, design & build, finance, renovate, operate and report on multifamily assets utilizing Sunstone staff. The platform allows Sunstone to maintain a hands-on approach to every aspect of the business.
Underwriting and Due Diligence
Debt and Equity
Construction and Development
Fund Administration and Investor Relations
Underwriting and Due Diligence
Debt & Equity
Fund Administration & Investor Reporting
Sunstone has a solid track record of execution with an extensive network of brokers in every target market.
Staff from each company discipline thoroughly reviews every aspect of a potential acquisition utilizing a comprehensive underwriting model.
In addition to producing efficient designs, Sunstone’s architectural staff analyzes every potential development site for its feasibility and highest and best use.
By self-managing with Sunstone’s construction staff and international supply chain, projects are completed on time and on budget.
Transparency and timely institutional quality reporting is provided through SS&C, a world-class fund administrator.
Under the direction of Asset Management, best-in-class property managers are engaged to implement each property’s business plan by leveraging their expertise of specific local markets.
Asset Management is involved with every acquisition to ensure that underwriting is aligned with
Sunstone obtains reasonable assurance of debt and equity sources before entering into an acquisition agreement and maintains strong relationships with investors and lenders.
Sunstone performs extensive research into economic and consumer trends, migration patterns, capital markets as well as tracking changes in individual submarkets.