Sunstone acquires and repositions existing workforce multifamily properties in primary, secondary and tertiary markets using strategic, property-specific capital improvements to drive revenue and effectively compete in the submarket.
Sunstone Builders leverages its deep expertise to reconstruct severely damaged or distressed multifamily assets into desirable, affordable workforce housing creating a positive impact on the well-being of residents and the community.
Sunstone develops undervalued infill sites in urban areas and select suburban sites to provide housing to median income households in proximity to jobs and amenities.
Sunstone’s active and target submarkets have healthy and diverse economies experiencing job and population growth, favorable demographics and solid historical rent growth. During the first half of 2021, all of Sunstone’s markets saw significant rent growth with several reaching double digit percentage increases.
Current trends have increased demand for rental housing and Sunstone’s asset class and markets in the Sunbelt are experiencing unprecedented growth.