HIVERNAN REALTY

Hivernan Realty invests in workforce housing in strong performing secondary and tertiary markets. The risk to reward ratio of these markets is attractive because returns are based on existing, stabilized, in-place operations, and not future rent growth, property repositioning, or cap rate compression. Hivernan Realty purchases multifamily communities located in secondary and tertiary markets where there is a more attractive risk to reward ratio than in the overheated coastal markets.