RUME applies creative and
to all aspects of owning,
managing, and investing
in real estate assets.
Rapid Renovation Program
RUME’s proprietary repositioning strategy that entails renovating multiple interior apartment units in a day while keeping it occupied. Exterior and amenity areas are simultaneously completed.
RUME leads the industry in our proven three-prong strategic approach:
Can employ our CORR improvement program with lower capital outlay typically on newer vintage properties.
< $10k aggregate per unit capital improvement business plan.
May include renovating interiors, exteriors and/or common areas. Capital is deployed where needed with the goal of optimizing yield on cost.
Goal is to drive value while protecting overall basis.
Can utilize our CORR value-add improvement stragegy.
> $10k aggregate per unit capital improvement business plan.
Properties may be stabilized or not, but must be well located in our strategic markets that check the key area fundamentals needed for our business plan to succeed.
Leverages our network of public and private partnerships with local landowners, institutional investors and local governments.
Distressed Multi-Family properties that may need a higher capital improvement program.
Builds state-of-the-art institutional – quality Ground Up Development: Including but not limited to Multi-Family, Mixed-Use, Self-Storage and for rent Townhomes residential.
Can include adaptive re-use conversations ie. office buildings to apartment and mixed use communities.
RUME works to add value during the holding period and then seeks to exit within 3 to 7 years from acquisition.
Along with driving the bottom line for our investments and investors, RUME implements the
following measures to manage risk and protect capital:
Enhanced Value Through
Program decreases vacancy loss during repositioning while achieving new stabilized value in shorter period of time.
We leverage mobile labor force to ensure timely and cost-efficient completion of projects.
Interest rates and lease-up risks are reduced while income growth is accelerated.
CORR features a comprehensive integrated management system that monitors property operations.
Program provides protection against losses by tracking compliance.
We have a proven track record of success with 60+ years of collective real estate experience.
We are focused on certainty of execution with a rigorous underwriting process to ensure fundamentals and value-add strategies are in place.
We have the ability to drive performance through hands-on approach with third-party teams and increased returns from option premiums.
We provide more affordable, quality-renovated options for tenants.
Our value-add reposition strategy addresses shortage of affordable housing driving demand in the United States.
RUME’s fully integrated platform includes seven
distinct verticals that work in lockstep with one
another to optimize asset performance and