Trust : Value : Transparency
INVESTING IN REAL ESTATE ALONG THE WASATCH FRONT AND BEYOND
About Us
Spring Canyon Capital (“SCC”) is a privately owned, Utah-based real estate investment and asset management company. SCC is a disciplined investor, manager, and operator focused on acquiring multifamily and single family properties in the Wasatch Front, Southern Utah and Las Vegas area. The firm has deep expertise is in executing and managing a strategic asset repositioning, value-add improvements and operational optimization programs to maximize value for its tenants, investors, and communities in which it invests. The firm’s transactions are capitalized by proprietary family funds but opportunities exist for investment relationships with institutional, family office, and high-net-worth capital partners. SCC has an excellent track record of identifying value-added opportunities with strong execution transaction experience. SCC and its affiliates currently own and manage a well-diversified portfolio of multifamily, single family and commercial real estate with a strong track record of profitability
Our Investment Approach
| Criteria | Details |
|---|---|
| Property Type | Class C apartment communities, smaller unit apartment complexes and select single family homes Opportunity for repositioning and value-add improvements Year of construction approximately 1950s – 2000s. |
| Target Metros | Salt Lake County, Utah County, Davis County, Southern Utah and Las Vegas / Henderson Areas exhibiting strong population, employment and household income growth. |
| Investment Size | $500k to $10 million asset size. |
| Typical Hold Period | Long term hold approach. |
| Investment Considerations | Value-add properties with below market rents with common area improvements and in-unit upgrades. Supply constrained sub-markets/neighborhoods with high barriers to entry. Stable and diverse employers with attractive job growth rates and income levels. Above 90% submarket occupancy with sustained positive net absorption and rental growth for past 3 years. |
| Additional Considerations | Will assess single asset or portfolio deals. Strong preference for off-market transactions. Able to move quickly from deal evaluation to closing. |
Our execution capabilities allow us to move quickly to acquire properties that meet our investment criteria
All Cash Transactions
Eliminate financing contingencies and time to closing through all cash transactions.
Fast Assessment
We have a streamlined assessment process and can provide an offer rapidly with minimal conditions in most situations.
Due Diligence
Our transaction experience allows us to conduct due diligence around property quickly and efficiently, reducing timing to close
Let's Talk!
Looking for a partner or have a property you are looking to sell? Contact us.
