Jevan Capital

Established in 2009 with one three unit apartment complex purchased for $45,000 at a trustee sale, Jevan Capital, through it's affiliates has grown into a $300mm diversified commercial real estate portfolio. Jevan owns and operates multifamily and commercial real estate in four major markets, timing entry and exits coinciding with major macro economic developments and trends.

For example acquiring in Tempe AZ in 2011, San Antonio Texas 2011, Austin Texas 2013, Houston Texas 2013 and now back to the greater Phoenix Metro area in 2015 and 2016. Our partnerships are selling in these markets as well, rotating capital into our next targeted geographical areas as well as variations in the product type acquired.

The current portfolio maintains weighted average in-place yields in the mid teens during the hold, and an average IRR in the upper 30's on sale. The majority of our projects have a significant value-add component where we leverage in house construction management capabilities to both manage costs as well as expediting execution times. Once owned, our on-site teams quickly learn we are hands-on owners delving into general ledgers to find value creation opportunities larger operators overlook. The value we create is a combination of expense reductions as well as revenue growth, and favorable economic climates which provide a positive backdrop for our investment activities.

We strive to make our workplace environment easy going yet hard working.