David Cruice's Colleagues at PIA RESIDENTIAL
Angel Gonzalez-Capizzi
Director | Off-Market Acquisitions - Commercial Real Estate
David Cruice's Contact Details
N/A
Fort Lauderdale, Florida, United States
PIA RESIDENTIAL
David Cruice's Company Details
Founded in 2009, PIA Residential is a private equity real estate firm with a proven track record, buying and managing residential properties in the South East Region of the United States.During the last decade, we invested heavily in the single-family and medium-sized multifamily market; and through our successful management and repositioning, have reaped the benefits of tremendous value appreciation.We are now expanding our investment strategy to purchase institutional-size, workforce, multifamily housing in the Southeast United States. We believe this strategy will produce above-market risk-adjusted returns, for investors seeking asset preservation and appreciation.PIA Residential will invest its own capital, originate and manage opportunistic deals in their own Special Purpose Vehicles (SPVs). We are targeting to hold properties for 5 years with an average 7% cash-on-cash returns and 2X equity multiples.