At Bluestone Capital, we are a private equity real estate firm that focuses on maximizing investor returns by increasing net operating income (“NOI”) throughout the holding period of all our investments. Our formula of heavy renovation or ground-up development combined with aggressive market-rate lease-up has generated an average internal rate of return (“IRR”) in excess of 30% for our stakeholders.
Our Firm employs a simple, yet proven strategy toward property acquisition and management. Our acquisition criteria involves identifying investment opportunities that provide a balance of price, quality, steady cash flow, location, risk, growth potential and rental upside.
Additionally, we are one of the pioneers of the Opportunity Zones program and have created our own Qualified Opportunity Fund (QOF) that focuses on strategic impact investments in Qualified Opportunity Zones (QOZ) that create inclusive growth for both communities and our investors. The Fund’s paramount focus is to give back to overlooked American cities by make socially conscious investments that will create new housing, create more jobs and help distressed communities become an ideal place for new business opportunities and long term growth sustainability.
Our mission to help bridge the gap between the cities that have fallen behind by linking them with investors that are focused on making socially conscious investments to assist bring a positive change of inclusive growth.
Our niche focus has been in Multi-Family (Apartment) Residential Development and Value-Add opportunities. We target properties zoned in conjunction with Affordable Housing Incentivized programs to help maximize all capital invested to improve our properties that will generate above average returns.