Many believe that lower-income means lower rent. This isn't the case - HCVP participants pay the Fair Market Rents.
All tenants are screened the same, regardless of payment source. This drives long-term tenancy, with stabilized cashflow and minimal CapEx.
Our average cost of acquiring an individual property is a fraction of what equivalent new construction would be.
All operational activities are managed by local, in-market partners. This allows us to operate at scale with minimal overhead.
Mr. Bagdasarian is a seasoned technology operator, and the Founder and CEO of Simply Homes, Inc - a venture-backed real estate PropTech company that has developed its machine-learning driven automated sourcing and underwriting platform for the distressed housing sector. He previously held roles at several top tech firms.
Mr. Kavanagh, in addition to his role at Simply Capital Management, is also the Managing Partner at Edifis Capital, an ESG-focused asset manager that manages a large European social housing portfolio. Previously he was a Director in the power, energy and infrastructure team at Cantor Fitzgerald and prior to that in Jefferies.