Nicholas Residential, LLC is a privately-held real estate investment firm headquartered in Dallas, TX. We invest alongside institutional and private clients in "value-add" and "opportunistic" affordable apartment communities across the southern United States. Over the past four years, Nicholas Residential has acquired 15 properties totaling just under 5,000 apartment units.
The company currently has $650 million in assets under management representing seven million square feet. Our vision is for every person in the United States to have access to dignified housing. We deliver on this vision through service excellence, stewardship to all stakeholders and by building bridges with community organizations and civic leaders.
Across America, we've targeted communities where Nicholas Residential can make the greatest impact. Our investment criteria emphasizes a data driven approach to target markets. Our focus is in markets within the Sunbelt, which have historically shown high job and household growth while demonstrating a rent affordability index that supports the growth in rental rates.
The company currently has $650 million in assets under management representing seven million square feet. Our vision is for every person in the United States to have access to dignified housing. We deliver on this vision through service excellence, stewardship to all stakeholders and by building bridges with community organizations and civic leaders.
Across America, we've targeted communities where Nicholas Residential can make the greatest impact. Our investment criteria emphasizes a data driven approach to target markets. Our focus is in markets within the Sunbelt, which have historically shown high job and household growth while demonstrating a rent affordability index that supports the growth in rental rates.
Services
Metro areas in the Sunbelt have experienced positive net migration trends as people relocate within the US and abroad to the region.
Over the past five years, population growth in our target MSAs was 1.7% while the rest of the US grew at 0.5%.
These markets have a significant imbalance in supply to meet current multifamily demand.
Therefore, our management company focuses on Sunbelt-located multifamily investment properties which are substantially unrenovated, with minimal deferred maintenance and where comparison to nearby properties would support rental rate premiums for renovated units.
Over the past five years, population growth in our target MSAs was 1.7% while the rest of the US grew at 0.5%.
These markets have a significant imbalance in supply to meet current multifamily demand.
Therefore, our management company focuses on Sunbelt-located multifamily investment properties which are substantially unrenovated, with minimal deferred maintenance and where comparison to nearby properties would support rental rate premiums for renovated units.
As part of Nicholas Residential's commitment to building a strong social footprint in the communities we invest in, our subsidized housing program aims to alleviate financial constraints for vulnerable groups of the population.
The subsidized housing program relies on intake from partner nonprofits to provide affordable housing to refugees, survivors of human trafficking and survivors of domestic violence while monitoring data that could indicate successes for providing stability to families and for children who are in school.
The subsidized housing program relies on intake from partner nonprofits to provide affordable housing to refugees, survivors of human trafficking and survivors of domestic violence while monitoring data that could indicate successes for providing stability to families and for children who are in school.
Here at Nicholas Residential, our entrepreneurial spirit empowers employees to drive success for themselves as well as the company.
We invest in our associates' individual professional development and expand their knowledge-base through training, data analytics and measurable goals, empowering associates to make a difference every day.
Accountability, respect and dignity are all cornerstones of the dynamic and fruitful work environment we have at Nicholas.
Nicholas Residential has found a successful approach to property management that benefits investors and residents alike.
We invest in our associates' individual professional development and expand their knowledge-base through training, data analytics and measurable goals, empowering associates to make a difference every day.
Accountability, respect and dignity are all cornerstones of the dynamic and fruitful work environment we have at Nicholas.
Nicholas Residential has found a successful approach to property management that benefits investors and residents alike.
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