Restore Utah is currently focused on multifamily acquisitions. Restore seeks the nexus between enhancing communities by providing quality affordable housing for low and moderate income families and earning an acceptable return for its investors.
Multifamily Acquisitions In mid-2013, Restore launched a multifamily acquisitions strategy focused on small to mid-size Class B and C multifamily assets throughout greater Salt Lake. The firm intends to invest $20mm over the next year in multifamily assets, focused on rehabbing and repositioning value added properties.
Single Family Investments Restore Utah was founded to stabilize neighborhoods by acquired existing single family homes in Salt Lake, Davis and Weber counties. Since its inception, the firm has acquired over 500 homes, investing over $75mm. Restore continues to own an operate this unique and affordable rental portfolio.
New Development Restore’s principals combine 40+ years of land entitlement and development experience, as well as ground up construction of single and multifamily properties. Restore’s pricipal’s have held positions at major development and homebuilding firms include Kennecott Land, Lennar and Catellus Residential. Restore will make select investments of $2-$20mm in land entitlement and development projects, as well as single and multifamily construction.