Arrowpoint Properties: Verified Investor Reviews on Invest Clearly
5.00
Website
www.arrowpointproperties.comOverview
Arrowpoint Properties was founded in 2011 by its current president and CEO, David Lamattina, a real estate veteran with over 20 years of experience acquiring and operating multifamily properties. Arrowpoint Properties is a multifamily investment and management company currently focusing on the acquisition of value-add apartment communities throughout New England. Arrowpoint has historically acquired class B and C multifamily assets and implemented renovation programs which have contributed to the growth and increased value of those assets. Arrowpoint currently owns and operates over a dozen apartment communities with an aggregate market value north of $170 million. Mr. Lamattina and the Arrowpoint team have successfully completed 24 syndications, generating an average net IRR of 32% and a 2.50x to their high net worth and institutional investors. Investment Strategy: Arrowpoint Properties targets Class B & C, value-add and core plus apartment communities located in desirable, suburban markets throughout New England. Arrowpoint’s management team focuses on repositioning each asset via increased management efficiencies, construction and renovation projects and NOI growth strategies. Their value-add and repositioning plans have been historically executed in 12-24 months (some cases sooner) as the team aims to drive appreciation and value for its investment partners. The standard hold period for these assets is 3-5 years. During the review and due diligence process of a property, Arrowpoint’s principals work diligently with their team to formulate a unique business plan for every asset acquired. Because of Arrowpoint’s hands-on approach and strong attention to detail, they are able to quickly execute the business plan immediately upon acquisition. Arrowpoint’s acquisition process is a team effort utilized to maximize investor returns while carefully focusing on preserving investors’ capital.
Address
290 Merrimack St , Suite 210
Lawrence,
Massachusetts
01843
Year Founded
2011
Operates In
Massachusetts
Asset Classes
Multifamily
Accepted Investors
Accredited
highlighted review
David R.
5.00
"Excellent Company"
Arrowpoint is a well run Real Estate Investment Company with many years of experience in the purchase, improvement and sale of small apartment buidings. In my first investment with them the returns far exceeded my expectations. My newest investment appears to be a the correct track and communication updates are clear and timely. Any questions I may have are promptly answered.
Arrowpoint Properties
5.00
Thank you David for your review! We appreciate your kind words toward Arrowpoint Properties and hope you will continue to be a valued investment partner for the foreseeable future!
Anna M.
5.00
"Managing Partner"
We are invested in one deal with Arrowpoint Properties. Arrowpoint identified and capitalized on the opportunity to complete the renovation programme ahead of schedule which will benefit the deal in the longer term. The reporting is transparent and clear with the sponsor providing regular income statements and balance sheet disclosing all financing data. About two years into the deal there's a slight outperformance of the projected returns, the communication with investors has been sound.
Arrowpoint Properties
5.00
Thank you for being a valued investor with Arrowpoint Properties! We hope the relationship continues!
Anton M.
5.00
"Arrowpoint Properties is great to work with"
"For several years, our investment group has been working with David Lamattina and Arrowpoint. We have been very impressed with their professionalism, patience and focus. Arrowpoint takes a very analytical approach to acquisitions. We have appreciated how organized and transparent Arrowpoint is and hope to work more with them in the future."
Arrowpoint Properties
5.00
Thank you Anton for the kind words! We hope you will continue to be a valued investor with Arrowpoint Properties for the foreseeable future!
Verified Investor
5.00
"Second of Two"
My second investment with the GP. The first provided excellent returns albeit the capital was returned sooner than I would have liked. But it's hard to argue with success. This second investment is in its initial stages. As with the prior investment, the explanation of the reason for investing was clear. The communications are regular and current, i.e., quarterly and within one to two weeks of quarter end. The ongoing explanations for changes in the balance sheet and income statements are clear and the text matches/agrees with the numbers. The GP is always available for an email or phone call. The GP has extensive experience in taking somewhat "old and tired" apartments and bringing them up to date with a commensuerate change in rental income. The GP also stays within his gepgraphical knowledge base - sticks to his knitting - which provides added assurance.
Arrowpoint Properties
5.00
Thank you for your review and the kind words! At Arrowpoint Properties, communication with our investment partners is paramount, and something we continue to improve on each day!
Verified Investor
5.00
"Solid Team with Good Strategy, Execution and Communication"
Been extremely happy with the Arrowpoint team. They have a good strategy, solid execution, and excellent communication throughout.
Arrowpoint Properties
5.00
Thank you for your review of Arrowpoint Properties! We are pleased to know that you are extremely happy with our team thus far.
