Private Investment Opportunities for Accredited Investors
We create value for investors looking for cash flow, equity growth, and higher returns through real estate investment.
Flexible investment options include direct ownership, private lending, and co-investments.
Our strategy...Mayfair Real Estate is an investment firm specializing in the acquisition, improvement, and management of small and medium size apartment buildings in or near urban core markets.
We look for under performing assets with an opportunity to add value through improved management, property renovations, and implementation of proven systems. |
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Why invest with us?
Cash Flow: Our investment properties provide regular recurring income in the form of rent. Investors receive quarterly distributions of cash flow.
Attractive Yields: Our typical investment produces an IRR of 15% - 20%, and cash on cash returns of 8% - 12% after project stabilization.
Integrated Property Management: Effective property management is crucial to the success of a real estate investment. From experience we learned this was too important to outsource, so we built an in-house property management team and platform to manage all of our assets. Visit Mayfair Property Management to learn more.
Small and Midsize Apartment Buildings: We invest in small and midsize multifamily apartment buildings. Other large investors ignore these buildings due to difficulty managing smaller properties. Our integrated property management platform solves that problem, enabling us to secure superior returns in areas with less competition from large apartment investors.
Repositioning vs. New Development: With limited new development space available in urban core markets, our repositioning strategy is smart and sustainable. While developers fight over a rapidly dwindling supply of land, we look for existing buildings where we can add value through improved management, property renovations, and implementation of proven systems.
Experienced Team with a Proven Track Record: With over $40M of real estate transactions under our belt, investing alongside us allows you to leverage our knowledge, team, and track record.
Invest in Real Assets: We invest in real housing for real people. There is a genuine need for the product we provide, and it cannot be outsourced or become obsolete through technology. Unlike stock certificates, our investments have inherent value because they are made from land, brick, and mortar.
Tax Shelter: Income produced by real estate is usually sheltered by depreciation, and therefore is taxed at a lower effective rate than your typical earned income.
Inflation Hedge: Rent prices typically increase along with inflation. This means as inflation increases, so does the income from real estate investments.
Attractive Yields: Our typical investment produces an IRR of 15% - 20%, and cash on cash returns of 8% - 12% after project stabilization.
Integrated Property Management: Effective property management is crucial to the success of a real estate investment. From experience we learned this was too important to outsource, so we built an in-house property management team and platform to manage all of our assets. Visit Mayfair Property Management to learn more.
Small and Midsize Apartment Buildings: We invest in small and midsize multifamily apartment buildings. Other large investors ignore these buildings due to difficulty managing smaller properties. Our integrated property management platform solves that problem, enabling us to secure superior returns in areas with less competition from large apartment investors.
Repositioning vs. New Development: With limited new development space available in urban core markets, our repositioning strategy is smart and sustainable. While developers fight over a rapidly dwindling supply of land, we look for existing buildings where we can add value through improved management, property renovations, and implementation of proven systems.
Experienced Team with a Proven Track Record: With over $40M of real estate transactions under our belt, investing alongside us allows you to leverage our knowledge, team, and track record.
Invest in Real Assets: We invest in real housing for real people. There is a genuine need for the product we provide, and it cannot be outsourced or become obsolete through technology. Unlike stock certificates, our investments have inherent value because they are made from land, brick, and mortar.
Tax Shelter: Income produced by real estate is usually sheltered by depreciation, and therefore is taxed at a lower effective rate than your typical earned income.
Inflation Hedge: Rent prices typically increase along with inflation. This means as inflation increases, so does the income from real estate investments.
Some of Our Projects
Below is a small sample of current and past projects. Detailed financial summaries of our projects are available to prospective investors.
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1637 - 1641 Tyler St, Hollywood, FL
This historic apartment building, built in 1937, is located in downtown Hollywood, FL. We purchased the property in early 2016, completed our improvement plan, increased rents by about 30%, and were able to refinance in just one year. We put long term fixed non-recourse debt on the property, and the investors received all of their money back. We continue to hold the property for cash flow. A real home run for everyone involved. |
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635 - 641 NE 8th Ave, Fort Lauderdale, FL
Located in the desirable neighborhood of Victoria Park, this small 10 unit apartment complex was in massive disrepair when we purchased it. We implemented a large scale renovation over about 8 months, and got it leased up in just over a month. The project is now producing cash on cash returns of just under 18% for investors and significant equity has been created. |
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2710 - 2718 NE 14th St, Fort Lauderdale, FL
This apartment building is located on the water in the heart of east Fort Lauderdale. Although rents were below market when we got involved, we have gradually been renovating apartments and increasing rents. The property is providing a long term solid cash flow for investors, and we are well located to increase our future chances of a buyout from developers in the area. |
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627 - 631 NE 10th Ave, Fort Lauderdale, FL
Another small apartment complex located in Victoria Park, this 9 unit building offered strong cash flow from day one. We continue to update apartments one at a time as leases turnover, providing investors with solid cash flows and equity growth. |
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1621 NE 5th Ct, Fort Lauderdale, FL
Located a few minutes walk from downtown Fort Lauderdale, this property provided the perfect opportunity to convert the apartments into trendy rentals for young professionals. Installing breakfast bars, stainless appliances, and upgrading the on-site laundry room achieved the results we were looking for. We were able to refinance the property in 2016 and investors received almost all of their investment back. We are continuing to hold the property for its strong cash flows. |
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Why Our Investment Model Works
We provide a basic human need.
Housing is a basic human need that cannot be outsourced or easily disrupted by technology. People need housing and always will. Changing technology and consumer preferences threaten the performance of investments in other real estate sectors. Online shopping has disrupted both retail and industrial markets, and technology has made working from home a reality for many people. In contrast, it is hard to imagine any innovation that will reduce the demand for houses or apartments.
We cater to millennials.
Millennials, who carry a staggering amount of student loan debt, are now the largest generation in the United States. Many have graduated college but are facing poor employment prospects. Many have also witnessed parents lose homes and life savings in the 2008-2009 housing crash, and therefore are less likely to consider home ownership a good investment. Additionally, most millennials value proximity to work and recreation in deciding where to live, leading them to rent in urban core locations with prohibitively high house prices. Millennials change jobs often and tend not to be tied to one location. All of these factors, combined with stringent lending requirements for home loans, have turned millennials into a generation of renters. The opportunity is huge, and we are well positioned to take advantage of it.
Florida is a great place to invest.
Over the past several years, Florida’s housing markets have regularly ranked among the top markets in the United States for real estate investors. In January 2016, Forbes declared Florida home to seven of the top 20 real estate investment cities nationwide, with five of those cities – Cape Coral, Fort Lauderdale, North Port, Tampa, and West Palm Beach – located in the southern half of the state. In a separate study, the National Real Estate Investor ranked Fort Lauderdale and Orlando among the top five multifamily investment markets in the United States.
Besides the sunshine and beautiful beaches, what makes Florida, and South Florida in particular, such a strong market for real estate investors?
Population Growth Florida’s population growth is outpacing the national average, with the population of many counties – Broward and Palm Beach included – projected to grow more than 250 percent by 2030. In fact, Florida has already surpassed New York as the third most populous state in the country, in large part due to staggering population growth in the tri-county (Broward-Palm Beach-Miami Dade) area. This is great news for investors, because population growth ensures sustained demand for new housing.
Strong Rental Market The rental market in South Florida is second to none. According to a study by researchers at New York University’s Furman Center and Capital One Financial Corp, Miami now leads the nation in a statistic once dominated by the Big Apple: the percentage of residents who rent their homes. A full 65 percent of Miami residents live in rentals, the most of any major American city.
Business Friendly Climate Florida enjoys a booming economy and business friendly climate. The state boasts zero personal income tax, excellent employment rates, a business-friendly government, and a pro-business tax structure. In Fort Lauderdale, unemployment has dropped below the national average, and Freddie Mac projects a four percent rent growth in 2016.
Geographic Features Buildable land in Florida is limited by geographic features, and demand for new construction is sky-rocketing. Particularly in South Florida, land is in extremely short supply. The combination of limited supply and population growth bodes well for long term appreciation and demand for rental properties.
Landlord Friendly State Florida is a landlord friendly state. The state has no rent control laws and places no limits on security deposits. Additionally, overdue rent requires only three days’ notice.
Housing is a basic human need that cannot be outsourced or easily disrupted by technology. People need housing and always will. Changing technology and consumer preferences threaten the performance of investments in other real estate sectors. Online shopping has disrupted both retail and industrial markets, and technology has made working from home a reality for many people. In contrast, it is hard to imagine any innovation that will reduce the demand for houses or apartments.
We cater to millennials.
Millennials, who carry a staggering amount of student loan debt, are now the largest generation in the United States. Many have graduated college but are facing poor employment prospects. Many have also witnessed parents lose homes and life savings in the 2008-2009 housing crash, and therefore are less likely to consider home ownership a good investment. Additionally, most millennials value proximity to work and recreation in deciding where to live, leading them to rent in urban core locations with prohibitively high house prices. Millennials change jobs often and tend not to be tied to one location. All of these factors, combined with stringent lending requirements for home loans, have turned millennials into a generation of renters. The opportunity is huge, and we are well positioned to take advantage of it.
Florida is a great place to invest.
Over the past several years, Florida’s housing markets have regularly ranked among the top markets in the United States for real estate investors. In January 2016, Forbes declared Florida home to seven of the top 20 real estate investment cities nationwide, with five of those cities – Cape Coral, Fort Lauderdale, North Port, Tampa, and West Palm Beach – located in the southern half of the state. In a separate study, the National Real Estate Investor ranked Fort Lauderdale and Orlando among the top five multifamily investment markets in the United States.
Besides the sunshine and beautiful beaches, what makes Florida, and South Florida in particular, such a strong market for real estate investors?
Population Growth Florida’s population growth is outpacing the national average, with the population of many counties – Broward and Palm Beach included – projected to grow more than 250 percent by 2030. In fact, Florida has already surpassed New York as the third most populous state in the country, in large part due to staggering population growth in the tri-county (Broward-Palm Beach-Miami Dade) area. This is great news for investors, because population growth ensures sustained demand for new housing.
Strong Rental Market The rental market in South Florida is second to none. According to a study by researchers at New York University’s Furman Center and Capital One Financial Corp, Miami now leads the nation in a statistic once dominated by the Big Apple: the percentage of residents who rent their homes. A full 65 percent of Miami residents live in rentals, the most of any major American city.
Business Friendly Climate Florida enjoys a booming economy and business friendly climate. The state boasts zero personal income tax, excellent employment rates, a business-friendly government, and a pro-business tax structure. In Fort Lauderdale, unemployment has dropped below the national average, and Freddie Mac projects a four percent rent growth in 2016.
Geographic Features Buildable land in Florida is limited by geographic features, and demand for new construction is sky-rocketing. Particularly in South Florida, land is in extremely short supply. The combination of limited supply and population growth bodes well for long term appreciation and demand for rental properties.
Landlord Friendly State Florida is a landlord friendly state. The state has no rent control laws and places no limits on security deposits. Additionally, overdue rent requires only three days’ notice.
Our Investment Model, Step by Step
Meet the Team
Our combined experience, skills, and creativity ensure that every investment is managed for top performance.
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Chris Kennedy
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Jonathan Kennedy
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Adam Effertz
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Yolaine Bonner
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Contact Us |
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General Information:
Phone: (954) 779-6053
Email: [email protected]
Fax: (888) 608-0347
Mail: PO Box 222, Fort Lauderdale, FL 33302
Office (by appointment only): 502 NE 13th St, Fort Lauderdale, FL 33304
Leasing and Rental Applications:
Phone: (855) 563-8273
Email: [email protected]
Website: MayfairPropertyManagement.com
Resident Maintenance Requests:
Phone: (800) 444-9321
Website: MayfairPropertyManagement.com
Phone: (954) 779-6053
Email: [email protected]
Fax: (888) 608-0347
Mail: PO Box 222, Fort Lauderdale, FL 33302
Office (by appointment only): 502 NE 13th St, Fort Lauderdale, FL 33304
Leasing and Rental Applications:
Phone: (855) 563-8273
Email: [email protected]
Website: MayfairPropertyManagement.com
Resident Maintenance Requests:
Phone: (800) 444-9321
Website: MayfairPropertyManagement.com
Or fill out the form below and we will be in touch soon:
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