What We Do
Palladius is an innovative real estate investment management organization focused on investing capital on behalf of institutional investors. Our goal is to create short and long-term value for our investors through hands-on operational expertise of the assets we acquire.
How We Do It
Tactically
Contrarian
Data
Driven
Operational
Expertise
Vertically Integrated Platform
Vertically Integrated Platform
Proprietary Investment Process
We utilize a proprietary database of macro and
submarket data to identify where and when capital should be deployed
In-House Construction Management
We control capital expenditure deployment into all
value-add and property improvement program
projects
Hands-On Asset Management
Active management of the execution plans for our assets
The Results
Successful
Track Record
of
Value Creation
33.9%
Net IRR
$1.0B
RE Acquired
Recent Investment Activity
A brand-new 342-unit community located in the booming South Austin suburb of Kyle, TX. The property anchors the Dry River District, a 65-acre mixed-use development including medical, hotel, and over 300,000 SF of walkable retail space . The asset was completed in July 2022 and consists of 11 three-story residential buildings and a clubhouse across 15 acres. Amenities include a resort-style pool, high-tech fitness center, game lounge, co-working and group workspaces, dog park, playground, and entertainment kitchen.
A 234-unit multifamily asset located in the heart of downtown Oak Park. The asset was completed in 1986 and consists of a 16 two-story tower, 9 buildings featuring townhomes, and 7,985 SF of commercial retail space. Amenities include a rooftop deck, a 24-hour fitness center, and a clubroom with panoramic city views.
A 624-unit multifamily community located in the high-growth Westchase District and within a ten-minute drive of the Energy Corridor in West Houston. The asset was built in two phases in 1998 and 1999 and spans an impressive 27.93-acre site. Each phase is wholly contained with full amenities including gated access, various grill/picnic areas, and 2 of each resort-style pool, clubhouse/event center, fitness center, business center and picturesque lakes.
A 240-unit, 672-bed student housing apartment community located in the city of San Marcos, TX servicing the Texas State University (TXST) campus. The Heights has excellent proximity to the TXST campus through the usage of the university shuttle route, which has a direct stop in front of the property. The asset is highly amenitized, offering students a modern fitness center, swimming pool, basketball/volleyball courts as well as a high-tech business center.
Case Studies
The Austin Value-add portfolio “The Ballpark Portfolio” is an assemblage of 5 contiguous student housing communities (Ballpark North, Ballpark South, Ballpark East, Ballpark West, Town Lake) located in the explosive growth corridor of East Riverside in Austin Texas. Together, the portfolio consists of 1,308 units or 3,700 student housing beds.
3 Years
Hold Period
42.3%
Net IRR
3.3x
Net Equity Multiple
Urban Palms is a 659-unit multifamily asset located in the Sharpstown submarket of Houston, Texas near the intersection of Gessner Road and Westpark Tollway (inside the Beltway). The asset consists of 52 two-story garden style residential buildings and includes a diversified set of community amenities
3 Years
Hold Period
25.0%
Net IRR
1.9x
Net Equity Multiple
The “Three Corners Portfolio” is comprised of 3 adjacent multifamily assets (Three Corners North, West, East) totaling 1,103 units located in the Spring Branch neighborhood in Northwest Houston inside the beltway, north of I-10 and just 3.5 miles north of the City Center, a residential/retail/hospitality mixed-use project.
3.5 Years
Hold Period
26.6%
Net IRR
2.0x
Net Equity Multiple
State of the art regional distribution center 100% occupied by a leading national plumbing distributor situated on 17.8 acres in the highly desirable Henderson submarket of Las Vegas Nevada with convenient access to I-95 and I-215. The property was originally built in 2007 and consists of 2 buildings, 104,529 SF of Net Rentable Area, 94 parking spaces, and 85% of lot available for outdoor storage.
1.2 Years
Hold Period
76.7%
Net IRR
1.8x
Net Equity Multiple
Palladius provided a short-term bridge loan to a fully entitled mixed-use (multifamily & retail) land site in Austin, TX. The site has core adjacency to multiple transformative development projects currently under construction. The borrower is an experienced ownership group and the site is covered with short-term industrial tenants to provide cash-flow pre-development.
Austin, TX
Location
Land
Bridge Loan
$7.4MM
Loan Amount
Palladius provided a preferred equity investment with a detachment point below $150K/unit for the construction of 336 multifamily units in a growing submarket of NW Houston and adjacency to a Walmart Supercenter. The developer is an experienced owner/operator of multifamily and retail in the Houston MSA.
Houston, TX
Location
Multifamily
Construction
$11.1MM
Loan Amount