fsocapitalpartners

Multifamily Investments THAT ACTUALLY Generate Long-Term Gains

Mon, 09 Dec 2024 22:42:27 GMT

Jeff Sherman, Principal at FSO Capital Partners, shared insights into his multifamily investment approach and market perspectives.

With 16 years of experience in the Phoenix market, he transitioned from brokering to acquisitions in 2020, focusing on low-income housing tax credit assets for their long-term value. Jeff emphasized the importance of organic growth through strong partnerships and leveraging technology for efficiency in multifamily operations. Looking ahead, he anticipates market recovery and new opportunities in distressed assets by late 2025. Highlighting mentorship’s role, he advocates for nurturing talent in the apprenticeship-driven real estate industry. FSO operates with a small, focused team, valuing adaptability to market conditions.

Stage Debate Podcast with Cost Seg Isaac – Featuring FSO Principal Jeff Sherman

Wed, 13 Mar 2024 16:26:41 GMT

FSO Principal, Jeff Sherman, shares invaluable strategies on how to boost NOI in multifamily properties on the premiere episode of the Stage Debate Podcast with Cost Seg Isaac. Tune in to hear creative property management approaches and gain insightful perspectives on the current market.

Watch here! https://www.youtube.com/watch?v=JWQGCa2r2gw

Thank You, Thomas Title & Escrow for the recognition on our latest Achievement!

Tue, 21 Feb 2023 20:59:28 GMT

FSO Capital Partners, a real estate private equity firm based in Phoenix, has carried its remarkable momentum from last year into 2023. It recently sold a 52-unit multifamily property in Green Valley, Arizona for $8,000,000 to a California-based buyer. Sheila Hunter, Vice President and Senior Commercial Escrow Officer, in our Scottsdale office, closed this successful transaction.

Read more: https://bit.ly/3rVStGm

FSO Capital Partners is pleased to announce the sale of Sahuarita Mission Apartments located in Green Valley, AZ

Wed, 15 Feb 2023 20:58:59 GMT

FSO Capital Partners is pleased to announce the sale of Sahuarita Mission Apartments located in Green Valley, AZ. This beautiful 52 unit multifamily complex underwent a physical & operational repositioning. FSO was able to provide a 93% IRR & 2.86x multiple for our investors in just over two years. We greatly appreciate your support and continued success in these uncertain times!

2022 Yearly Review

Thu, 22 Dec 2022 20:58:08 GMT

FSO is proud to be closing the 2022 year out on a high note!

Our Year in Review:

Total Capitalization - $209,000,000
Purchases - $133,000,000
Refi's - $41,543,000
Sales - $34,650,000
Equity Raised - $67,250,000

Cheers to 2023!

FSO Closes on 240 Units in Yuma, AZ

Wed, 07 Dec 2022 20:57:38 GMT

FSO Capital Partners is proud to announce our most recent acquisition. 240 units in Yuma, AZ built between 2000- 2003, majority 3bd units, and was acquired for $35M, 145k/unit, and $140/SF.

We closed with a 10-year fixed-rate Freddie Mac loan. Our rate was locked in at approximately 5.37% and pushed proceeds significantly during escrow - phenomenal execution.

We are excited to add this project to our portfolio. A huge thanks to Northmarq for arranging the transaction.

New Closing of Sonoma Valley Apartments in Apache Junction, AZ

Fri, 26 Aug 2022 22:30:07 GMT

Proud to announce FSO Capital Partners largest acquisition to date with the closing of Sonoma Valley Apartments in Apache Junction, AZ for $44,500,000, $250,000 per unit and $250/sf. This 176 property was built in 2001 and is comprised entirely of two and three bedroom units.

We assumed an existing Fannie Mae loan with a 2.87% interest rate, 49% LTV, almost 3 years of interest only payments left and raised $24.8mm in equity.

SOLD: Mariposa Manor Apartments

Wed, 25 May 2022 22:36:18 GMT

FSO acquired this 14-unit building in November of 2020 and performed light interior upgrades as well as exterior and common area are renovations.

After a 16 month hold period, we were able to generate our investors a 52.76% IRR and a 1.81x multiple!

Mind The Growth Podcast - FSO Goes vertical

Wed, 23 Feb 2022 21:14:50 GMT

In this episode, Chris and Eric interview the founders of FSO Capital Partners. Jeff, John, and Scott all talk about their entry into the multi family real estate, and how they've grown their private equity firm to over $150M under management in such a short time.

The Fort with Chris Powers - From Broker to Owning $100M of Multi-Family

Mon, 19 Apr 2021 21:14:24 GMT

Scott O’Neill is a Principal and Co-Founder of FSO Capital Partners. Scott O’Neill specializes in the acquisition, financing, syndication, and development of multifamily properties throughout Arizona. Since entering the Arizona market, Scott has been directly involved as a principal in the acquisition, development, or disposition of over $15,000,000 of multifamily assets.

On this episode, Scott and Chris discuss his career in brokerage before pivoting into principal. Scott details his 100 cold calls per-day strategy to become successful right out of the gate as a broker, the founding of FSO Capital Partners, and his Ice Hockey Career. They also break down what the process of a multifamily deal looks like from acquisition to rehab and management. Scott also gives advice to brokers who are looking to move to the principal side of real estate. Enjoy!