CWS Capital Partners offers investment opportunities for the development of luxury apartment communities. In certain markets, the cost of acquiring a property may be higher than building it and thus it is more advantageous to develop. While we typically develop new communities ourselves, there are times when we form joint ventures with reputable partners to develop new projects when we believe the opportunities are compelling.
Development projects require a higher tolerance for risk due to the timing of the lease up period before stabilization. However, development projects can offer higher rewards when compared to acquiring existing apartments due to the lower-cost nature of development as well as having better control of the initial lease-up. The target holding period for development is typically 2-5 years.