The Opportunity

Due to market dynamics, CEP is seeing the best buying opportunity since the Global Financial Crisis.

Specifically, we can acquire properties BELOW replacement cost today. The lower price, coupled with explosive rent growth due to a supply gap in the coming years will enable us to deliver generational risk-adjusted returns. Given this opportunistic market dynamic, we will be able to minimize risk and maximize return; effectively, buying core assets that deliver core-plus returns and buying core-plus assets that deliver value-add returns.

We apply this thesis to attainable/workforce housing in high-growth secondary and tertiary suburban markets because these markets have proven to deliver superior risk-adjusted returns relative to urban markets over multiple cycles. Suburban market returns outpace those of urban markets during downturns while keeping pace with, and even slightly outpacing, urban markets when the bull is running.