Our Investment Strategies

Audubon Communities acquires multi-family properties in the Northeast and Gulf South regions of the United States and in other select markets. With a concentration in middle income communities, most of the properties are acquired at a discount to replacement value and contain competitive advantages within their marketplaces. After acquiring a property, Audubon looks to generate additional value by providing a level of management, marketing and customer service generally found only at luxury communities. These factors provide properties with a competitive advantage over rival communities in terms of tenant retention rates, "word of mouth" advertising, rental rates and operating costs. Audubon's management plan is then combined with a capital renovation program specifically designed to decrease operating expenses and increase the marketability of the property.

Audubon Communities primarily focuses on properties on the Eastern Seaboard with special emphasis on suburban NYC / Philadelphia / New Jersey / Connecticut / Florida and the Gulf South. Audubon will also consider other development-constrained markets around the country.

Audubon's operational plan includes:

• Instituting strict management controls
• Hiring exceptional individuals for on-site positions
• Implementing class A marketing and leasing programs
• Investing in value enhancing capital projects

Audubon's Investment criteria

Audubon acquires properties that generally contain the following characteristics:

• 100 units or greater
• Middle income
• Proximate to regional employment centers
• Market competitive unit sizes
• Value-added opportunities

Sampling of Our Properties