Value – Add

Value – add is a specialized talent. It requires a creative eye and deep multifamily experience to differentiate what is needed and what is not. Inexperience and a failure to properly analyze a property’s place in its submarket, often means capital is wasted on improvements that do not affect the bottom line. The MORE Group carefully tailors a solution to each individual value-add opportunity. Every property has its own unique set of challenges due to the existing structure and transitions in its location. No submarket is the same. Some may require higher-end finishes, while others may not. The MORE Group evaluates each project and targets the investment capital to maximize the return on investment. In some cases deferred maintenance can be addressed while adding an aesthetic component, resulting in an operational savings while adding revenue and increasing the overall value of the asset. The MORE Group has extensive experience in creating outstanding results in value-add situations.