Smartland – Private Equity Real Estate Firm
INGREDIENTS FOR INVESTOR RETURNS
Founded in 2008, Smartland® is a fully integrated value-add real estate private equity firm with an experienced forward-thinking team. Our process-oriented focus and strategic mindset lead to high investor returns. Smartland® is an ecosystem-based organization focused on multifamily and light industrial opportunities in Northeast Ohio with potential expansion into the broader Midwest region. We capitalize on other’s mediocracy and seek to add value to not only our properties but the surrounding community as well.
OUR STORYWe are among the Midwest’s largest real estate fund managers. We are focused and specialize in impacting and transforming urban communities of multi-family and excel in adding value where heavy-lifting is required.
EVERYTHING UNDER ONE ROOF
STRONG TRACK RECORD
We strive to bring you the best services you will ever experience investing in real estate. Our all-under-one-roof model has led to longer tenant occupancy and better returns for investors. Our entire team is familiar with your Smartland® assets since acquisition through repositioning and management.
Here’s why an in-house marketing team is beneficial to an investor:
Smartland’s Property Managers spring into action during the construction process and continue once the property is repositioned.
At Smartland®, we take all of our relationships seriously. So we partner you with a dedicated Investor Relations Director who understands your unique investment goals and criteria. Our unparalleled service cultivates long-term, trusting relationships. All our services are in-house and under one roof. Your Investor Relations Director coordinates this powerful team synergy for you. This provides efficiency, communication, accuracy, cost savings, and a higher quality experience for you and all stakeholders.
Smartland’s construction team delivers measurable results and helps you achieve your goals by:
- Understanding your investment goals for the property
- Providing detailed cost estimates
- Recognizing that construction timelines impact capital velocity
- Managing construction and quality with a view to tenant and investor priorities
- Mitigating risk by being proactive and deploying robust Smartland resources
- Saving money by controlling trades, personnel, product standardization, and carrying costs
- Understanding how construction fits into the proven Smartland® repositioning system
Smartland’s goal is to acquire a large portfolio of multifamily and SFR assets in the Midwest using our funds.
CRG & CPMG Established
Cleveland Restoration Group (CRG) and CPMG, a property management company, are established separately.
Roll out asset management product for banks
CRG establishes a synergistic relationship with CPMG by re-utilizing and expanding the REO servicing department into a comprehensive Preservation/Management Company.
25th Employee Hired, Managing Over 500 Properties
CRG identifies their first government relationship and partners with local municipalities to revitalize neighborhoods using federal stimulus funding.
Expanded into residential construction
To achieve higher efficiency and the proper synergy during the renovation process, CRG establishes residential construction services, offering high-end products at competitive prices.
Rolled out first investment product for professionals
Established as a consortium of CRG and CPMG, Smartland offers clients a comprehensive set of real estate investment and management services from a single company.
30th Employee and over 700 Properties Managed
Smartland’s portfolio expands to 700 residential units due to new opportunities offered as market presence and product demand increase exponentially in the Northeast Ohio area.
Exited $90M AUM portfolio to Keller Williams executives
The company’s largest single-year development to date, Smartland added an additional 300 residential units to its investment portfolio, expanded its team of in-house professionals, and integrated software proficiencies that connect team members with investors and tenants.
Expanded into Multi-Family
Continuing its exponential growth, Smartland is expanding acquisition efforts of multi-family buildings and offering management services to apartment operators throughout Northeast Ohio.
Launched digital equity platform for investors
Launched one of the first internet real estate crowdfunding platforms, Smartland. Using new regulations, Smartland successfully raised over $5,000,000 in its first year. In addition, we also raised the first syndication of a real estate fund in cryptocurrency (Bitcoins). Great pivotal year for Smartland!
Cleveland hit the national spotlight with our 1st NBA Championship in 50 years, hosted the Republican National Convention and hosted the MLB World Series.
Acquired Chicago based financial company PeerRealty.com
We acquired a Chicago based crowdfunding platform to further expand our footprint in the midwest. This platform has raised close to $100M by crowdfunding and syndication. Also, acquired Body Block Apartments, a Cleveland, OH staple for over 100 years.
Launched three multi-family value add PPOs
Partnered with Investor Management Services (IMS) in order to further expand and simplify communication and reporting with high net-worth investors, family offices and small institutional investors. Successfully closed the first deal using IMS platform for $4.6M. In Q4, we are excitingly launching the following three funds: Single Family Residential Fund, Multifamily Value-Add Fund, and an Opportunity Zone Fund.
Establish a Growth Equity Fund. Reach 2,000 Units.
To accelerate deployment of the multi-family fund, Smartland will contribute $8 million dollars portfolio as our equity contribution. Similarly, Smartland will invest an SFR portfolio into the SFR fund. Smartlands goal is to acquire a large portfolio of multifamily and SFR assets in the Midwest using our funds.
Increase Midwest Reach and beyond, Reach 3,500 Units
Expand into Core Multi-Family space. Also, expansion into high growth, large metropolitan markets, including coasts.
Reach 20,000 Doors under Management
Raising our Industrial Fund I to acquire and build industrial buildings which will soon be become an absolute must for the new Robotics revolution
Close Fund to construct our first building in Manhattan
Multiple Parallel Funds to increase exposure in Industrial, Education, Medical
Smartland's Breakwater Tower Apartments repositioning is an excellent example of how Smartland’s approach adds value to investors, tenants, and communities. Breakwater is our newest property under renovation. We have begun renovations including all common areas, lobby modernization, exterior common areas, and a new pet park. Interior unit modernization is occurring simultaneously; we mobilized a lot of manpower swiftly to modernize the building and improve it rapidly...
Perhaps northeast Ohio real estate investingyou live in the Cleveland area, or maybe you live elsewhere and have been considering northeast Ohio real estate investing to grow your portfolio.
You may have read about the area’s thriving economy or booming real estate market. If you’re thinking of purchasing turnkey rental properties in northeastern Ohio, here are a few things to know...
When you purchase real estate, figuring out the right price is essential to getting the best deal. If you’re in the market for a turnkey property or other type of investment real estate, it’s even more important that you crunch the numbers.
If a property seems like it would be a good investment, conducting a real estate market analysis will give you a better idea of what that property is really worth...