Washington, DC
Republic Properties Corporation
1201 Maryland Avenue, SW
Suite 850
Washington, DC 20024
202.552.5300
Washington, DC
Republic Land Development
1201 Maryland Avenue, SW
Suite 850
Washington, DC 20024
202.552.5300
Republic targets value-add, multi-family apartment communities located throughout the Mid-Atlantic and Southeast.
We typically seek Class A and B properties built in the 1970s through the 2000s with 150 units or more in garden or mid-rise formats that can be repositioned through a combination of rent-accretive renovations and exterior work.
Our portfolio is diverse, fluid and dynamic with projects being acquired, financed, renovated and/or harvested at any given time. We focus on Core, Core Plus and Opportunistic investments primarily in the Mid-Atlantic, Southeast and California.
On average, we hold apartment investments for five years, targeting mid-teen-levered internal rate of returns on market-rate leverage through aggressive value-add asset management.
Our development strategy targets high-growth areas, as well as areas specified for growth, that offer transit-oriented development and green building opportunities. Focusing on infill urban and suburban development, our experience building a variety of product types—including residential, hotel, retail, office, and mixed-use—gives us the flexibility to create projects that realize the highest and best use of the land.
Republic’s approach often involves teaming up with local partners and leveraging their market knowledge. We often acquire off-market, un-entitled property, working with the community and local government to create a project that is embraced by the neighborhood and city in which we are operating.
Republic and our principals have extensive experience in the placement of debt and equity facilities necessary to achieve investment objectives. These include acquisition loans, construction financing, senior and mezzanine loans, and preferred and common equity.
Our financial capabilities are deep and we have built long, successful financial relationships—totaling in the billions of dollars—with major lenders representing insurance companies, pension funds, private equity firms, and real estate investment trusts. Together, we have developed over $9 billion worth and 30 million square feet of projects across all real estate product lines.
At Republic, we strongly believe in the important role that leasing, asset, and property management along with building operations and proactive ownership plays in the overall financial strategy and success of an investment. It is why we manage our own office, retail, and selective apartment projects in our portfolio with occupancy, tenant satisfaction, and judicious financial oversight in mind.
Republic’s management, engineering, and building staff are professional and up to date with industry standards and certifications. Our people strive for constant improvement and knowledge in their respective fields through on-going education and involvement with real estate management affiliations.
We pride ourselves on delivering industry-leading management and leasing services to all property and tenant types. Our goal is always to maintain and enhance the fiscal health of each asset, maximizing investor returns while at the same time providing premiere, personalized tenant services at all times.