Case Studies

Emerald’s case studies highlight a consistent increase in equity over short periods of time through Emerald’s strategic value-add opportunities

Emerald’s case studies highlight a consistent increase in equity over short periods of time through Emerald’s strategic value-add opportunities

Emerald’s case studies highlight a consistent increase in equity over short periods of time through Emerald’s strategic value-add opportunities

Decatur Avenue
Bronx, NY

Units
UNITS

60

ACQUIRED

May
2013

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PURCHASE
PRICE

$7.5MM

$125,000 P/U
SOLD

Nov.
2017

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SALE PRICE

$11.1MM

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HIGHLIGHT

40% IRR

24 West 174th Street
Bronx, NY

Units
UNITS

10

ACQUIRED

October
2011

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PURCHASE
PRICE

$600,000

$60,000 P/U
SOLD

June
2017

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SALE PRICE

$1.5MM

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HIGHLIGHT

Multiplied equity
4x over six years

Fordham Portfolio
Bronx, NY

Units
UNITS

77

ACQUIRED

July
2015

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PURCHASE
PRICE

$10.8MM

$140,260 P/U
SOLD

Jan.
2017

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SALE PRICE

$16.675MM

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HIGHLIGHT

67% IRR

Continental Portfolio
Bronx, NY

Units
UNITS

239

ACQUIRED

October
2015

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PURCHASE
PRICE

$36MM

$150,625 P/U
SOLD

April
2016

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SALE PRICE

$43.8MM

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HIGHLIGHT

36% IRR

219 Echo Place,
Bronx, NY

Units
UNITS

31

ACQUIRED

Oct.
2014

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PURCHASE
PRICE

$3.1MM

$100,000 P/U
SOLD

Dec.
2016

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SALE PRICE

$4.9MM

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HIGHLIGHT

Multiplied equity 2X
over two years

Grand Ave Portfolio
Bronx, NY

Units
UNITS

105

ACQUIRED

2013

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PURCHASE
PRICE

$10.7MM

$102,000 P/U
SOLD

2015

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SALE PRICE

$17.5MM

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HIGHLIGHT

Multiplied equity 2x,
100% IRR

2454 Webb Avenue
Bronx, NY

Units
UNITS

36

ACQUIRED

Nov.
2014

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PURCHASE
PRICE

$3.6MM

$105,555 P/U
SOLD

May
2015

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SALE PRICE

$5.1MM

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HIGHLIGHT

138% IRR

3346 Hull Avenue
Bronx, NY

Units
UNITS

48

ACQUIRED

March
2015

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PURCHASE
PRICE

$6.2MM

$129,166 P/U
SOLD

8.6MM

December 2015
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HIGHLIGHT

130% IRR