Rebel Capital Group
a patient approach to investing
Who We Are
Rebel Capital Group was founded in 2013 as a New York based private investment firm. Our team is focused on acquiring and managing sub-institutional B and C class multifamily properties in select submarkets across North and South Carolina.
Every property is unique. Rebel Capital Group is committed to executing a strategic value creation plan with each acquisition. We typically invest $10,000-$20,000 per unit in upgrading common areas and exteriors, apartment interiors, and amenities.
By performing such extensive renovations, we are improving the rental experience for our tenants, making an impact on the communities in which we invest, and creating a win-win scenario which unlocks maximum value for all stakeholders.
What We Do
Our Strategy
We are solely focused on value-added multifamily in North and South Carolina. We consider property-specific information, local economic factors, local market factors, investment return requirements, and financing options. We also conduct a thorough risk analysis to, determine if the opportunity fits with our objectives.
Submarket Selection
Rebel Capital is aggressively targeting opportunities to expand our portfolio in markets which provide robust population, job and wage growth and where there is a supply-demand imbalance. We look for the following characteristics in a submarket:
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Well-located in primary and secondary markets in North and South Carolina
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Populated MSAs with growing or stable population rates preferred
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High barriers to entry for new supply and underdeveloped over the last cycle
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Close proximity to a stable and diverse employment base
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Proximity to major transportation
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Recent or pending investments by state or local governments
Property Selection
Our team is dedicated to building strong broker relationships and maintaining constant dialogue with owners of multifamily assets in our target markets.
In addition to qualitative factors, we have developed a proprietary acquisition and transaction model to analyze and underwrite potential investments, and we can respond quickly, thoughtfully, and credibly to any opportunity.
When underwriting, we typically take the following approach:
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We underwrite all transactions to a 5 year hold to compare on an apples-to-apples basis
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We don’t assume any refinance or take short-term financing risk. We price based on current market debt terms
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We target low-to-mid teens IRR with mid single digit average Cash On Cash returns to our investors
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Ultimate price is based on achieving stabilized yield on cost at least 125-150bps above the market cap rate
We have historically converted 100% of LOIs at the contract price. We pride ourselves on our reputation and commitment to being a good partner for all stakeholders in an acquisition