Case Studies
Selected Valuation Experience
A sampling of assignments that illustrate how PCA and PVG work together across asset types, business plans, and capital stacks.
Multifamily Bridge-to-Perm
Richmond, VA
Infill Mixed-Use Development
Charlotte, NC
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.
Multifamily Bridge-to-Perm
Richmond, VA
Profile: Profile: 58-unit multifamily • ~$8.2M capitalization.
Challenge: Underperforming asset, physical improvements needed, and DSCR too low for permanent debt at acquisition.
Solution: Bridge loan sized to as-stabilized value with a clearly defined Freddie Mac take-out path.
Outcome: NOI increased by ~31% within 15 months; DSCR at take-out of 1.38x with a cash-out refinance.