MULTIFAMILY REAL ESTATE INVESTMENT AND ASSET MANAGEMENT PLATFORM

About Us

CULVER INVESTMENT PARTNERS (“CIP”) is a real estate investment and asset management platform specializing in multifamily acquisitions, asset management and development management of existing core-plus, value-add and distressed multifamily communities, across Texas and other select high-growth U.S cities.

CULVER INVESTMENT PARTNERS (“CIP”) is a real estate asset management platform specializing in multifamily acquisitions, asset management and construction management of existing core-plus, value-add and distressed multifamily communities, across Texas and other select high-growth U.S cities

founder

JEREMY BASLOE

Founder, Managing Partner

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WHY CIP?

EXPERIENCED TEAM WITH DEEP RELATIONSHIPS AND DIVERSIFIED FOCUS

LONG-TERM DEEP RELATIONSHIPS WITH TOP INDUSTRY PROFESSIONALS

  • Extensive network of investment brokers, property management, GCs, designers, etc.
  • Closed deals with top brokerages including: Eastdil, JLL, CBRE, Berkadia, Newmark, etc.
  • Property managers relationships include: RPM, Greystar, Lincoln, Myan, etc.
  • Partnerships with institutional LPs: Ascendant Capital, Kingbird IM, True North, Drake, etc.
  • Leverage relationships to execute on projects and to identify off / on-market opportunities

INSTITUTIONAL BACKGROUND AND TRACK RECORD

  • Past deals approved by blue-chip Investment Committees, including the legendry Sam Zell
  • Executive background as asset manager and investment manager at EQR and The Kor Group

OVERVIEW

Founded in 2023 during the market reset with no-existing portfolio matters

Founded in 2023 during the market reset with no-existing portfolio matters

Platform team has overseen $100m+ in CAPEX projects and over 5,000 multifamily units across the US

Platform team has overseen $100m+ in CAPEX projects and 5,000+ multifamily units across the US

team

Texas based team with asset management vertical, provided as a service and on owned assets

Texas based team with asset management vertical and underwriting capabilities that cover over 500+ deals a year

Acquisitions and underwriting capabilities that covers over 500+ deals per year

NEWLY FORMED VERTICALLY INTEGRATED PLATFORM

financial

ASSET MANAGEMENT

agreement

ACQUISITIONS

compensation

INVESTMENT MANAGEMENT

engineering

DEVELOPMENT MANAGEMENT

OUR TEAM

FOUNDED BY JEREMY BASLOE IN 2023, the team consists of experienced construction and investment professionals (bios to the right). In addition, CIP has strategic partnerships with:

JEREMY BASLOE

Founder, Managing Partner

Andy Golubitsky

Director of Development

Mathew Propst

Construction Project Management

Pavel Petrov

Pavel Petrov

Associate

Mathew Propst

Mathew Propst

Construction Project Management

Gbenga Omosuyi

Gbenga Omosuyi

Investment Officer

WHY CIP

EXPERIENCED TEAM WITH DIVERSIFIED FOCUS

The asset class continues to provide many compelling dynamics:

austin-texas-travis-with-cityscape-skyline-downtown-summer123

THE U.S. HAS EXPERIENCED SIGNIFICANT GROWTH IN HOME VALUE

Institutional background and track record

Institutional background and track record

Unique experience as both a capital provider and operator

Unique experience as both a capital provider and operator

Extensive experience focused on multifamily

Extensive experience focused on multifamily

Experience with varying levels of risk profile and locations

Experience with varying levels of risk profiles and locations

Long-term deep relationships

Long-term deep relationships

DECLINING MULTIFAMILY SUPPLY

  • New construction has declined with current rising interest rate and high construction cost environment
  • Limited equity and debt available for new multifamily construction with existing credit crunch
  • 3-year expected supply projected to be below historic average
  • Due to high construction costs, acquiring existing multifamily today is at a meaningful discount to building multifamily
Construction Cost
MULTIFAMILY SUPPLY IS DECREASING WITH ELEVATED CONSTRUCTION COSTS

Leadership

JEREMY BASLOE

Founder, Managing Partner

Jeremy Basloe is Founder and Managing Partner for CIP. He is responsible for CIP’s multifamily strategy, overseeing all multifamily activities including acquisitions, operations, asset management and development management. He has 15+ years of experience in the multifamily sector across a variety of functional areas spanning multiple geographies, specifically Texas. Since 2011, he has been involved in over $1B in transaction activity and has asset managed over 5,000 multifamily units. He has experience with core, core-plus, value-add and distressed real estate, in addition to sub-debt origination. He was a key contributor to re-entering Texas for one of the nation’s largest owners, sourcing, capitalizing and growing the multifamily portfolio for a prominent GP operator and establishing the operations for an overseas investor in Europe. He has held key roles at The Kor Group (Principal), Equity Residential (VP), and Rialto Capital. He received his MBA from IE Business School in Madrid, Spain, and his BBA from CUNY Baruch College in NYC. He is based in Dallas, TX.

JEREMY BASLOE

Founder, Managing Partner