Investment Principles
Ansonia’s work is informed by a common set of principles that apply across our activities. Underlying them all is a commitment to integrity in everything we do and to working with others who share that commitment.
- Utilize realistic underwriting that incorporates a “margin of safety”
- Focus on asset & operational strategies that create lasting value
- Conduct thorough due diligence to minimize unknowns
- Manage risk by measuring & monitoring key performance metrics
- Respect that each property investment is an investment in a community
Investment Principles
Ansonia’s work is informed by a common set of principles that apply across our activities. Underlying them all is a commitment to integrity in everything we do and to working with others who share that commitment.
- Utilize realistic underwriting that incorporates a “margin of safety”
- Focus on asset & operational strategies that create lasting value
- Conduct thorough due diligence to minimize unknowns
- Manage risk by measuring & monitoring key performance metrics
- Respect that each property investment is an investment in a community
Investment Strategy
Ansonia seeks to identify properties with durable advantages in stable to improving locations. From acquisition through disposition, we take a hands-on approach in realizing each property’s business plan and maximizing value.
We thoroughly vet every potential acquisition. Key elements of our process include:
- Identify submarkets with favorable economic and demographic fundamentals
- Target attractive assets at a discount to replacement cost
- Quantify opportunities to add value, increase operational efficiencies and improve margins
- Favor opportunities that offer multiple value-creation strategies
- Evaluate the risk inherent in non-controllable expense
- Match the debt to the business plan
Acquisition Criteria
150+ Units
$25 - 75 Million Acquisition Cost
Typical Leverage 65-75% LTC, Open to Assumable Debt
High-Quality Floor Plans and Physical Attributes
Asset Repositioning Potential
Management Upside Potential
Favorable Employment & Population Trends
Highly Rated School Districts
Convenient to Transit & Neighborhood Amenities
Responsible Stewardship
Each property investment is also an investment in a community, and we believe our investments do best when residents and their communities prosper. We strive to go above and beyond standard ESG criteria and are the recipient of various awards and certifications for our commitment.
Ansonia Recognized With Prestigious CNDA Affordable Housing Preservation Award
Environmental
Ansonia investments have received National Green Building Standards (NGBS), Enterprise Green Communities and Energy Star® certifications, reflecting our commitment to sustainability and reducing energy consumption at our properties. We utilize industry leading benchmarking tools and implement green operational and cleaning standards.
Social
Ansonia actively supports the health & safety of residents and staff, promotes community involvement among both site and corporate staff, and incorporates fair housing and equal opportunity training into ongoing professional development.
Governance
Ansonia leadership sets the standard by practicing exemplary integrity, promoting management diversity, and fostering a collaborative, merit-based culture. We maintain open dialogue with the stakeholders with whom we work including vendors, resident councils, and financing partners.
